HAMMERSON PLC - Hammerson increases its interest in Brent Cross

Hammerson increases its interest in Brent Cross

Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE and Euronext Dublin share code: HMSO  JSE share code: HMN
ISIN: GB00BRJQ8J25
Hammerson plc ("Hammerson")


Hammerson increases its interest in Brent Cross

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

12 May 2025

In response to recent press speculation, Hammerson confirms it is in a process to
acquire the units in the abrdn UK Shopping Centre Trust ("SCUT"), which holds the
59% of Brent Cross not already held by Hammerson for a net cash consideration of
around £200m. Hammerson's existing managing stake, together with the SCUT units
already acquired or for which binding contracts have been exchanged, currently
represents an economic interest in Brent Cross of over 90%. The process is ongoing
and a further update will follow in due course.

ENDS


Hammerson Investor Contact

Josh Warren, Hammerson, Director of Strategy, Commercial Finance & Investor
Relations

T: +44 (0) 20 7887 1053   E: josh.warren@hammerson.com


MHP for Hammerson

Oliver Hughes, Ollie Hoare and Charles Hirst

T: +44 (0) 20 3128 8100    E: Hammerson@mhpgroup.com
Market Abuse Regulation Statement: This announcement contains inside
information. The person responsible for arranging the release of this announcement
on behalf of Hammerson is Alex Dunn, General Counsel & Company Secretary.


Notes to editors:

Hammerson is the largest UK-listed, pure-play owner and manager of prime retail
and leisure anchored city destinations across the UK, France and Ireland. We own,
manage and invest in landmark city destinations integrating retail, leisure and
community hubs to meet evolving customer and occupier needs while delivering
sustainable long-term growth for our stakeholders. Our 10 city locations rank in the
top 20 of all retail venues across our geographies and in the top 1% where retail
spend is concentrated. Our catchment reach of 40 million people attracts 170 million
visitors per annum, generating £3 billion of sales for our brand partners.


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

Date: 12-05-2025 10:20:00
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