Hammerson plc (the 'Company')
Results of Dividend Reinvestment Plan
14
October 2024
The Company refers shareholders to
the announcement titled "Dividend Declaration" published on the
London Stock Exchange, SENS and Euronext Dublin on 25 July 2024
(the "Announcement"), which
outlined the details of the interim cash dividend recommended by
the Board for the period ending 31 December 2024 (the "Cash Dividend"). The Company now
advises shareholders of the results of the Dividend Reinvestment
Plan ("DRIP")
alternative.
As set out in the Announcement,
shareholders were offered an option to receive their Cash Dividend
in the form of ordinary shares ("Shares") through a DRIP, otherwise the
dividend would be paid out in cash on 30 September 2024. The
deadline for the receipt of DRIP elections was 9 September
2024.
Following the respective DRIP Share
purchase settlement dates as set out in the Announcement, the
Company hereby advises that:
- Shareholders on the United Kingdom ("UK") share register holding
72,950,239 Shares or
1.46% of the Company's
issued share capital as at 23 August 2024 (UK and SA record date),
and who qualified to receive the Cash Dividend, elected to receive
Shares in terms of the DRIP, resulting in the purchase of
136,985 Shares in the market
at an average price of £3.194755
per Share and their delivery to such electing
shareholders.
- Shareholders on the South African ("SA") share register holding 46,900,400
Shares or 0.94% of the Company's issued share capital as at 23
August 2024 (UK and SA record date), and who qualified to receive
the Cash Dividend, elected to receive Shares in terms of the DRIP,
resulting in the purchase of 84,254 Shares in the market at an
average price of R73.45660 per Share and their delivery to such
electing shareholders.
As the Shares settled on shareholders
pursuant to the DRIP were purchased in the market and not newly
issued by the Company, the Company's total issued share capital
remains 500,226,560 Shares of 5 pence each, of which 1,300,825 Shares are held in
treasury.
For further information
contact:
Richard Crowle
Senior Assistant Company
Secretary
Tel: +44 (0)20 7887 1000
The
announcement above has also been released on the SENS system of the
Johannesburg Stock Exchange and on Euronext
Dublin.
