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HAMMERSON PLC - Completion of Silverburn disposal

Release Date: 16/03/2022 09:00
Code(s): HMN     PDF:  
Wrap Text
Completion of Silverburn disposal

Hammerson plc 
(Incorporated in England and Wales)
(Company number 360632)
LSE and Euronext Dublin share code: HMSO JSE share code: HMN
ISIN: GB00BK7YQK64
("Hammerson" or the "Company")


16 March 2022

Completion of Silverburn disposal

Following the announcement on 15 December 2021, Hammerson today announces that the Company and
its joint venture partner Canada Pension Plan Investment Board have completed the disposal of Silverburn
to entities affiliated with Henderson Park and Eurofund1 for a cash consideration of £140m2.


Hammerson has its primary listing on the London Stock Exchange and secondary inward listings on the
Johannesburg Stock Exchange and Euronext Dublin.

Sponsor: Investec Bank Limited

    1.   HPREF II Silverburn Investments LP and HPREF II UK General Partner Limited
    2.   £70m at Hammerson share



ENDS

Hammerson Investor Contact

Josh Warren, Hammerson, Director of Strategy & Investor Relations

T: +44 20 7887 1053 E: josh.warren@hammerson.com



Hammerson Media Contacts

Natalie Gunson, Director of Corporate Communications

T: +44 20 7887 4672 E: Natalie.Gunson@hammerson.com

FTI Consulting (for Hammerson)

John Waples

Tel: +44 20 3727 1000 E: john.waples@fticonsulting.com

Dido Laurimore

T: +44 20 3727 1000 E: Dido.Laurimore@FTIConsulting.com

Notes to Editors
                                                                                 
Hammerson creates vibrant, continually evolving spaces, in and around thriving European cities, with a
focus on prime urban estates and premium outlets. As at 31 December 2021, our portfolio of high-quality
venues had a value of £5.4 billion. Key venues include Bullring, Birmingham, Dundrum Town Centre, Dublin,
and Les Terrasses du Port, Marseille, and investments in premium outlets at Bicester Village, Oxfordshire,
La Vallée, Paris, and Las Rozas, Madrid.

Date: 16-03-2022 09:00:00
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