Hammerson plc (the 'Company')
Results of Dividend Reinvestment Plan
24
May 2024
The Company refers shareholders to
the announcement titled "Dividend Declaration" published on the
London Stock Exchange, SENS and Euronext Dublin on 29 February 2024
(the "Announcement"), which
outlined the details of the final cash dividend recommended by the
Board for the period ending 31 December 2023 (the "Cash Dividend"). The payment of the
Cash Dividend was subsequently approved by shareholders at the
Company's 2024 Annual General Meeting, as announced by the Company
on 25 April 2024. 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 10 May 2024. The deadline for
the receipt of DRIP elections was 18 April 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 78,302,291 Shares or 1.57% of the Company's issued
share capital as at 5 April 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 2,039,604 Shares
in the market at an average price of £0.294859 per Share and their
delivery to such electing shareholders.
-
Shareholders on the South
African ("SA") share
register holding 28,896,452 Shares or 0.58% of the Company's issued
share capital as at 5 April 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 785,683 Shares
in the market at an average price of R6.59070 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 5,002,265,607 Shares of 5 pence each, of which 13,008,260
Shares are held in treasury.
For further information
contact:
Kim Panisales
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.