Trading in shares under the new name commences today, February 18, 2013, under LSE Code INTU (previously CSCG) and JSE Code ITU (previously CSO).
CSC announced last month their plan to give their shopping centers a unified identity, intu, with a unique digital presence including a transactional website.
Intu are investing £25 million (approx. 29 million) in their teams and new digital infrastructure over three years to :
roll out intu's visual identity and a "World Class Service" program at 12 directly-managed centers
install future-proofed, center-wide, high capacity fibre optic cabling and WiFi networks
launch, in the Spring of this year, intu.co.uk, a transactional, fashion-focused, mobile-enabled website with a curated range of products from our retailers.
Intu's aim is to transform their digital proposition and for intu.co.uk to provide the UK's leading digital shopping center experience and to generate a stronger relationship with consumers, delivering more frequent visits, longer dwell time and increased spend. This should in turn enhance their proposition to retailers and open new sources of income.
ISIN number: Remains GB 0006834344 for both the UK and South Africa.
Certificated shareholders: existing share certificates remain valid and certificates in the new name will only be issued as required.
South African shareholders: the Record Date for change of name for JSE purposes is February 22, 2013. In accordance with Strate requirements no dematerialisation or rematerialisation of shares will be possible from Monday February 18, to Friday February 22, 2013 inclusive.
No transfers between the UK and South African registers may take place from Monday February 18, to Sunday February 24, 2013 inclusive.
Source: Intu
