Notification of Share Repurchase Programme
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")
NOTIFICATION OF SHARE REPURCHASE PROGRAMME
12 March 2024
FOR IMMEDIATE RELEASE
The Company announces that it will today commence a programme to purchase up to
5,317,013 of its ordinary shares of 5 pence each (the "Maximum Number of Shares") (the
"Share Repurchase Programme"). The sole purpose of the Share Repurchase Programme
is to purchase ordinary shares to be used to meet obligations arising from employee share
option programmes operated by the Company. To the extent permitted by law, ordinary
shares purchased under the Share Repurchase Programme will be held in treasury.
For the purpose of the Share Repurchase Programme, the Company has entered into an
instruction to Morgan Stanley & Co. International Plc ("Morgan Stanley") in relation to the
purchase by Morgan Stanley, acting as principal, of ordinary shares and the simultaneous
on-sale of such ordinary shares by Morgan Stanley to the Company. The Share
Repurchase Programme will commence on 12 March 2024 and will end no later than 30
June 2024.
Any purchase of ordinary shares under the Share Repurchase Programme will be
executed in accordance with the relevant regulations (including but not limited to the
Listing Rules) and the Company's general authority to make market purchases of ordinary
shares. The Company will announce any market repurchase of ordinary shares no later
than 7.30 a.m. (UK Time) on the business day following the calendar day on which the
repurchase occurs.
Contact:
Josh Warren
Director of Strategy, Commercial Finance and Investor Relations
Tel: +44 20 7887 1053
josh.warren@hammerson.com
Richard Crowle
Senior Assistant Company Secretary
Tel: +44 20 7887 1000
Richard.crowle@hammerson.com
This announcement does not constitute, or form part of, an offer or any solicitation of an
offer for securities in any jurisdiction.
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: 12-03-2024 12:45:00
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