REG - Hammerson PLC - Results of Dividend Reinvestment Plan

HammersonAnnouncement

14/10/2024 11:00

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RNS Number : 0736I  Hammerson PLC  14 October 2024

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.

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