REG - Hammerson PLC - Share capital reduction confirmation

HammersonAnnouncement

23/11/2022 12:45

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RNS Number : 3775H  Hammerson PLC  23 November 2022

Hammerson plc (the 'Company')

Share capital reduction confirmation

 

23 November 2022

 

Hammerson plc announces that the cancellation of its capital redemption
reserve (the 'Capital Reduction'), which was approved by shareholders at the
general meeting of the Company held on 25 October 2022, was yesterday
sanctioned by the High Court of England and Wales (the 'High Court'). The
effect of the Capital Reduction is to increase distributable reserves.

 

The order of the High Court confirming the Capital Reduction, and the
statement of capital approved by the High Court in connection with the same,
were delivered to the Registrar of Companies today. The Capital Reduction will
become effective upon the registration of the Court order by the Registrar of
Companies, which is expected to take place shortly.

 

The Company confirms that, following the Capital Reduction, the issued share
capital of the Company remains at 5,002,265,607 ordinary shares of 5 pence
each. The Company currently holds 7,691,247 in treasury. The total number of
voting rights in the Company therefore remains 4,994,574,360.

 

For further information contact:

 

Richard Crowle

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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