April 18, 2018 / 6:57 AM / 5 months ago

BRIEF-Intu Properties Says Regards Explanations Given By Hammerson For Its Withdrawal Of Recommendation As "Unsatisfactory"

April 18 (Reuters) - Intu Properties Plc:

* NOTES ANNOUNCEMENT ISSUED BY BOARD OF HAMMERSON

* “INTU IS ENTIRELY CONFIDENT OF INTU’S COMMERCIAL FUTURE AND PROSPECTS”

* REGARDS AS “UNSATISFACTORY” EXPLANATIONS GIVEN BY BOARD OF HAMMERSON FOR ITS WITHDRAWAL OF ITS RECOMMENDATION

* BOARD OF INTU WILL BE MEETING TO CONSIDER HAMMERSON’S REQUEST NOT TO CONVENE A SHAREHOLDERS’ MEETING TO VOTE ON INTU TRANSACTION Source text for Eikon: Further company coverage:

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