REG - Hammerson PLC - Dividend Declaration

HammersonAnnouncement

26/02/2025 07:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250226:nRSZ4472Ya&default-theme=true

RNS Number : 4472Y  Hammerson PLC  26 February 2025

Hammerson plc (the 'Company')

Dividend Timetable

 

26 February 2025

 

The Board of Directors of the Company has recommended a final cash dividend of
8.07 pence per ordinary share ("Share") for the period ended 31 December 2024
(the "Final 2024 Dividend"), subject to approval by the shareholders of the
Company at the 2025 Annual General Meeting (the "AGM"). The Final 2024
Dividend will be paid as a non-Property Income Distribution, and treated as an
ordinary UK company dividend.

 

The Company will not be offering a scrip dividend alternative but, for
shareholders who wish to receive their dividend in the form of Shares, the
Dividend Reinvestment Plan ("DRIP") will be available. The terms and
conditions of the DRIP for UK shareholders can be found at
www.signalshares.com (http://www.signalshares.com) . Shareholders registered
on the South African Branch Register should contact their Central Securities
Depository Participant ("CSDP") or Broker for further information.

 

The expected timetable for the payment of the Final 2024 Dividend is set out
below.

 

Expected Timetable of Events

 

                                                                                 2025
 1.      Currency conversion date (Sterling/Rand)                                Monday, 14 April
 2.      Currency conversion announcement released by 10.00 am (UK Time) /       Tuesday, 15 April
 11.00 am (SA time)
 3.      Last day to effect removal of shares between the United Kingdom         Tuesday, 22 April
 ("UK") and South African ("SA") Registers
 4.      Last day to trade on the JSE to qualify for the dividend                Tuesday, 22 April
 5.      Shares become "ex-dividend" on the JSE at the commencement of           Wednesday, 23 April
 trading
 6.      Last day to trade on the LSE and on Euronext Dublin to qualify          Wednesday, 23 April
 for the dividend
 7.      Shares become "ex-dividend" on the LSE and on Euronext Dublin at        Thursday, 24 April
 the commencement of trading
 8.      Dividend record date (applicable to both the UK principal               Friday, 25 April
 register and the SA branch register)
 9.      Date on which removal of shares between the UK and SA registers         Tuesday, 29 April
 becomes permissible
 10.    Last date to trade for SA Shareholders to be eligible to participate     Thursday, 8 May
 in and vote at the AGM
 11.    Last day for receipt of DRIP mandates by CSDPs and SA Transfer           Monday, 12 May
 Secretaries
 12.    Last day for receipt of DRIP elections by UK Registrars                  Monday, 12 May
 13.    Record date for UK and SA Shareholders to participate in and vote at     Tuesday, 13 May
 the AGM
 14.    Attending, voting or appointment of proxy deadline                       Tuesday, 13 May
 15.    Annual General Meeting, 9.00 am (UK Time) / 10.00 am (SA time)           Thursday, 15 May
 16.    Dividend Payment Date (UK, ROI and SA)                                   Tuesday, 3 June
 17.    DRIP purchases settlement date UK and ROI (subject to market             Thursday, 5 June
 conditions and the purchase of shares in the open market)
 18.    DRIP purchases settlement date SA (subject to market conditions and      Wednesday, 18 June
 the purchase of shares in the open market)
 19.    Results of Dividend Reinvestment Plan announcement released              Wednesday, 18 June

 

Notes:

 

1.   The removal of shares to and from the UK principal register and the SA
branch register will not be permitted between Wednesday, 23 April 2025 to
Friday, 25 April 2025, both dates inclusive.

 

2.   Shareholders registered on the SA branch register should note that, in
accordance with the requirements of Strate, no dematerialisation or
rematerialisation of shares will be possible from Wednesday, 23 April 2025 to
Friday, 25 April 2025, both dates inclusive.

 

3.   The final dividend should be regarded as a 'foreign dividend' for SA
income tax and dividends tax purposes and the funds will be paid from the
United Kingdom. Any shareholder who is in any doubt as to their tax position
should seek independent professional advice.

 

4.   Shareholders registered on the SA branch register will be paid in SA
Rand.

 

5.   Those shareholders who hold their shares on the UK principal register
and already participate in the DRIP need not complete a DRIP mandate form for
each dividend as such forms provide an ongoing authority to participate in the
DRIP until cancelled in writing or online at www.signalshares.com. If you are
unsure whether you have submitted a DRIP election you can check your account
online at: www.signalshares.com (http://www.signalshares.com) . Alternatively,
you can contact the UK Registrar, MUFG Corporate Markets (formerly Link
Group), by email at drip.enquiries@cm.mpms.mufg.com
(mailto:drip.enquiries@cm.mpms.mufg.com) or by phone on 0371 664 0381 or +44
(0) 371 664 0381 from overseas. Calls are charged at the standard geographic
rate and will vary by provider. Calls from outside the UK will be charged at
the applicable international rate. Lines are open between 9:00 am and 5:30 pm,
Monday to Friday excluding public holidays in England and Wales.

 

6.   Shareholders on the UK principal register who wish to participate in
the DRIP should complete an application form online at: www.signalshares.com
(http://www.signalshares.com) .

 

7.   Shareholders registered on the SA branch register who hold their shares
through the Strate system and who wish to participate in the DRIP should
contact their CSDP.

 

8.   DRIP terms and conditions for SA shareholders can be found on the
Company's website at www.hammerson.com (http://www.hammerson.com) .

 

9.   As at 26 February 2025, the Company had a total of 490,818,902 ordinary
shares in issue, with 1,300,825 of those ordinary shares held in Treasury.

 

10. The dates above are subject to change. Any changes made will be
communicated as soon as practicably possible.

 

11. Payment of the Final 2024 Dividend is subject to shareholder approval at
the Company's 2025 Annual General Meeting.

 

12. The Board retains the discretion to withdraw or modify the terms of the
Final 2024 Dividend at any time, because there are certain situations in which
the Board may decide that it is no longer appropriate to pay the Final 2024
Dividend, or it may not be permissible for the Company to do so.

 

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVSEAFUIEISELE