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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