Hammerson plc (the 'Company')
Dividend Timetable
26
February 2025
The Board of Directors of the
Company has recommended a final cash dividend of 8.07 pence per
ordinary share ("Share")
for the period ended 31 December 2024 (the "Final 2024 Dividend"), subject to
approval by the shareholders of the Company at the 2025 Annual
General Meeting (the "AGM"). The Final 2024 Dividend will be
paid as a non-Property Income Distribution, and treated as an ordinary UK company dividend.
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 terms and conditions of the DRIP for UK
shareholders can be found at www.signalshares.com.
Shareholders registered on the South African
Branch Register should contact their Central Securities Depository
Participant ("CSDP") or
Broker for further information.
The expected timetable for the
payment of the Final 2024 Dividend is set out below.
Expected Timetable of Events
|
|
2025
|
|
1.
Currency conversion date (Sterling/Rand)
|
Monday, 14
April
|
|
2.
Currency conversion announcement released
by 10.00 am (UK Time) / 11.00 am (SA time)
|
Tuesday,
15 April
|
|
3. Last
day to effect removal of shares between the United Kingdom
("UK") and South African
("SA") Registers
|
Tuesday,
22 April
|
|
4.
Last day to trade on the JSE to qualify for the dividend
|
Tuesday,
22 April
|
|
5. Shares become "ex-dividend" on the JSE at the commencement of
trading
|
Wednesday,
23 April
|
|
6. Last
day to trade on the LSE and on Euronext Dublin to qualify for the
dividend
|
Wednesday,
23 April
|
|
7. Shares become "ex-dividend" on the LSE and on Euronext Dublin
at the commencement of trading
|
Thursday,
24 April
|
|
8. Dividend record date (applicable to both the UK principal
register and the SA branch register)
|
Friday, 25
April
|
|
9.
Date on which removal of shares between the UK and SA registers
becomes permissible
|
Tuesday, 29 April
|
|
10. Last date to
trade for SA Shareholders to be eligible to participate in and vote
at the AGM
|
Thursday,
8 May
|
|
11.
Last day for receipt of DRIP mandates by CSDPs and
SA Transfer Secretaries
|
Monday, 12
May
|
|
12. Last day for
receipt of DRIP elections by UK Registrars
|
Monday, 12
May
|
|
13. Record date
for UK and SA Shareholders to participate in and vote at the
AGM
|
Tuesday,
13 May
|
|
14. Attending,
voting or appointment of proxy deadline
|
Tuesday,
13 May
|
|
15. Annual General
Meeting, 9.00 am (UK Time) / 10.00 am (SA
time)
|
Thursday,
15 May
|
|
16.
Dividend Payment Date (UK, ROI and SA)
|
Tuesday, 3
June
|
|
17.
DRIP purchases settlement date UK and ROI (subject
to market conditions and the purchase of shares in the open
market)
|
Thursday,
5 June
|
|
18.
DRIP purchases settlement date SA (subject to
market conditions and the purchase of shares in the open
market)
|
Wednesday,
18 June
|
|
19. Results of
Dividend Reinvestment Plan announcement
released
|
Wednesday,
18 June
|
Notes:
1. The removal of shares
to and from the UK principal register and the SA branch register
will not be permitted between Wednesday, 23 April
2025 to Friday, 25 April 2025, 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, 23
April 2025 to Friday, 25 April 2025, both
dates inclusive.
3. The final dividend
should be regarded as a 'foreign dividend' for SA income tax and
dividends tax purposes and the funds will be paid from the United
Kingdom. Any shareholder who is in any doubt as to their tax
position should seek independent professional advice.
4. Shareholders
registered on the SA branch register will be paid in SA
Rand.
5. Those shareholders who hold their shares on the UK principal
register and 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 or online at www.signalshares.com. If you are unsure
whether you have submitted a DRIP election you can check your
account online at: www.signalshares.com.
Alternatively, you can contact the UK Registrar, MUFG Corporate
Markets (formerly Link Group), by email
at drip.enquiries@cm.mpms.mufg.com
or by phone on 0371 664 0381 or +44 (0) 371 664
0381 from overseas. Calls are charged at the standard geographic
rate and will vary by provider. Calls from outside the UK will be
charged at the applicable international rate. Lines are open
between 9:00 am and 5:30 pm, Monday to Friday excluding public
holidays in England and Wales.
6. Shareholders on the
UK principal register who wish to participate in the DRIP should
complete an application form online at: www.signalshares.com.
7. 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.
8. DRIP terms and
conditions for SA shareholders can be found on the Company's
website at www.hammerson.com.
9. As at 26 February
2025, the Company had a total of 490,818,902 ordinary shares in
issue, with 1,300,825 of those ordinary shares held in Treasury.
10. The dates above are subject to
change. Any changes made will be communicated as soon as
practicably possible.
11. Payment of the Final 2024
Dividend is subject to shareholder approval at the Company's 2025
Annual General Meeting.
12. The Board retains the discretion
to withdraw or modify the terms of the Final 2024 Dividend at any
time, because there are certain situations in which the Board may
decide that it is no longer appropriate to pay the Final 2024
Dividend, or it may not be permissible for the Company to do
so.
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.
