Wrap Text
Dividend Declaration
Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE share code: HMSO JSE share code: HMN
ISIN: GB0004065016
(‘Hammerson’ or ‘the Company’)
Dividend Declaration
Dividend No. 135
24 July 2018
The Board of Directors of the Company has declared an interim dividend of 11.1 pence per share (“Dividend”) for the six
month period ended 30 June 2018. The interim dividend is payable on Monday, 8 October 2018 to shareholders on the
register at the close of business on Friday, 31 August 2018.
The Dividend will be treated as a Property Income Distribution (“PID”), net of withholding tax where appropriate.
The Company will not be offering a scrip dividend alternative, but for shareholders who wish to receive their dividend in
the form of shares, the Dividend Reinvestment Plan (“DRIP”) will be available.
The key dates are as follows:
2018
Last day to effect removal of shares between the United Kingdom (UK) and South African Friday, 17 August
(SA) registers
Currency conversion date Monday, 20 August
Currency conversion announcement released by 11h00 (SA time) Tuesday, 21 August
Last day to trade on the Johannesburg Stock Exchange (JSE) to qualify for the dividend Tuesday, 28 August
Ex-dividend on the JSE from commencement of trading on Wednesday, 29 August
Ex-dividend on the London Stock Exchange from the commencement of trading on Thursday, 30 August
Record date (applicable to both the UK principal register and the SA branch register) Friday, 31 August
Removal of shares between the UK and SA registers permissible from Monday, 3 September
Last day for receipt of DRIP mandates by Central Securities Depository Participants (CSDPs) Friday, 14 September
Last day for receipt of DRIP elections by UK Registrars and SA Transfer Secretaries Monday, 17 September
Final dividend payable (UK and SA) Monday, 8 October
DRIP purchases settlement date UK (subject to market conditions and the purchase of Wednesday, 10 October
shares in the open market)
DRIP purchases settlement date SA (subject to market conditions and the purchase of Monday, 22 October
shares in the open market)
Notes:
1. No transfers between the UK principal register and the SA branch register may take place from Monday, 20 August
2018 to Friday 31 August 2018, both dates inclusive.
2. Shareholders registered on the SA branch register should note that, in accordance with the requirements of Strate,
no dematerialisation or rematerialisation of shares will be possible from Wednesday, 29 August 2018 to Friday,
31 August 2018, both dates inclusive.
3. The final dividend should be regarded as a ‘foreign dividend’ for SA income tax and dividends tax purposes.
4. Shareholders registered on the SA branch register will be paid in SA Rand.
5. SA dividends tax, at the rate of 20% will apply to cash PIDs and dividends payable by the Company unless the beneficial
owner of the dividend is exempt from SA dividends tax (e.g. if it is a South African resident company). Under the
double tax agreement between the UK and SA (“the DTA”), the maximum tax payable in the UK is 15%. South African
resident shareholders are therefore entitled to claim the excess of 5% from Her Majesty’s Revenue and Customs
("HMRC"). As SA shareholders are entitled to reclaim this excess from HMRC, the maximum rebate allowable in respect
of the UK withholding tax against the SA dividends tax is 15%, which means that the Company will have to withhold a
further 5% from the dividend in South Africa to bring the total dividends tax to 20%. In summary, therefore, 20% will
be withheld in the UK, a further 5% will be withheld in SA (where appropriate), but South African resident shareholders
will be entitled to claim back 5% from HMRC, which will bring the overall total to 20%.
6. Those shareholders who already participate in the DRIP need not complete a DRIP mandate form for each dividend as
such forms provide an ongoing authority to participate in the DRIP until cancelled in writing.
7. Shareholders on the UK principal register who wish to participate in the DRIP should complete an application form
online at: www.signalshares.com.
8. Shareholders registered on the SA branch register who hold their shares through the Strate system and who wish to
participate in the DRIP should contact their CSDP.
9. Copies of the terms and conditions of the UK DRIP are available from the UK Registrars.
10. As at Tuesday, 24 July 2018, being the declaration date of the final dividend, the Company had a total of 794 243 747
ordinary shares in issue. There are no shares held in treasury.
11. The final dividend will be paid out of the Company’s UK distributable reserves.
12. The dates above are subject to change. Any changes made will be communicated as soon as practicably possible.
Registered Office UK Registrars SA Transfer Secretaries
Kings Place Link Asset Services Computershare Investor Services
90 York Way The Registry Proprietary Limited
London 34 Beckenham Road (Registration
N1 9GE Beckenham number 2004/003647/07)
United Kingdom Kent 1st Floor, Rosebank Towers,
BR3 4TU 15 Biermann Avenue, Rosebank, 2196
United Kingdom South Africa
(PO Box 61051, Marshalltown, 2107,
South Africa)
For further information contact:
Sarah Booth
General Counsel and Company Secretary
Tel: +44 (0)20 7887 1000
Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on the Johannesburg
Stock Exchange.
Joint Sponsors:
Deutsche Securities (SA) Proprietary Limited
Java Capital
Date: 24/07/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
