Edition:
India

Hammerson PLC (HMSO.L)

HMSO.L on London Stock Exchange

61.00GBp
3 Aug 2020
Change (% chg)

-- (--)
Prev Close
61.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
8,914,278
52-wk High
325.30
52-wk Low
39.57

Latest Key Developments (Source: Significant Developments)

Hammerson Is Considering A Possible Equity Raise, Stake Sale
Monday, 3 Aug 2020 

Aug 3 (Reuters) - Hammerson PLC ::HAMMERSON PLC - RESPONSE TO PRESS SPECULATION.HAMMERSON - IS IN ADVANCED DISCUSSIONS ON TERMS OF A POSSIBLE DISPOSAL OF ITS 50% INTEREST IN VIA OUTLETS TO ITS JOINT VENTURE PARTNER APG.HAMMERSON - IS ALSO CONSIDERING A POSSIBLE EQUITY RAISE BY WAY OF A RIGHTS ISSUE..HAMMERSON - AFTER REOPENING OF FLAGSHIP DESTINATIONS ACROSS EUROPE, FOOTFALL AND SALES CONTINUE TO IMPROVE AND Q3 RENT COLLECTION IN UK UP TO OVER 30%.  Full Article

Bullring Owner Hammerson Plots 600 Mln Stg Rights Issue - Sky News
Saturday, 1 Aug 2020 

Aug 1 (Reuters) - :BULLRING OWNER HAMMERSON PLOTS £600 MILLION RIGHTS ISSUE - SKY NEWS.HAMMERSON IS IN TALKS TO SELL ITS 50% STAKE IN VIA OUTLETS - SKY NEWS.  Full Article

Hammerson Says Robert Noel To Succeed David Tyler As Non-Executive Chair
Monday, 15 Jun 2020 

June 15 (Reuters) - Hammerson PLC ::ROBERT NOEL IS TO SUCCEED DAVID TYLER AS NON-EXECUTIVE CHAIR OF COMPANY..NOEL WILL JOIN BOARD AND TAKE OVER POSITION WITH EFFECT FROM A DATE TO BE CONFIRMED BUT NO LATER THAN 1 OCTOBER 2020.  Full Article

Hammerson Is Preparing To Announce Rob Noel Will Replace David Tyler As Its Chairman- Sky News
Sunday, 14 Jun 2020 

June 14 (Reuters) - :HAMMERSON IS PREPARING TO ANNOUNCE ROB NOEL WILL REPLACE DAVID TYLER AS ITS CHAIRMAN- SKY NEWS.  Full Article

Hammerson Says Flagship Destinations In England To Re-Open From 15 June
Monday, 1 Jun 2020 

June 1 (Reuters) - Hammerson PLC ::HAMMERSON - FLAGSHIP DESTINATIONS IN ENGLAND TO RE-OPEN FROM 15 JUNE, IN LINE WITH GUIDANCE FROM UK GOVERNMENT.HAMMERSON - IN IRELAND, THERE WILL BE PHASED RE-OPENING OF STORES, BEGINNING WITH SMALL RETAIL OUTLETS.HAMMERSON PLC - FLAGSHIP DESTINATIONS IN SCOTLAND ARE CURRENTLY CLOSED, WITH EXCEPTION OF ESSENTIAL STORES.  Full Article

APG Asset Management Discloses 14.2052% Stake In Hammerson As Of Oct 3
Friday, 4 Oct 2019 

Oct 4 (Reuters) - Hammerson PLC ::APG ASSET MANAGEMENT N.V. DISCLOSES 14.2052% STAKE IN HAMMERSON AS OF OCT 3 VERSUS PRIOR STAKE OF 13.1858% - FILING.  Full Article

Shopping Centre Operator Hammerson Appoints James Lentom CFO
Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Hammerson PLC ::APPOINTMENT OF CHIEF FINANCIAL OFFICER.APPOINTMENT OF JAMES LENTON AS CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR.JAMES WILL BECOME AN EXECUTIVE DIRECTOR ON JOINING CO ON 16 SEPT 2019 AND WILL TAKE OVER ROLE OF CFO WITH EFFECT FROM 1 OCTOBER 2019.JAMES SUCCEEDS TIMON DRAKESMITH, CURRENT CFO AND MANAGING DIRECTOR.TIMON WILL STEP DOWN AS AN EXECUTIVE DIRECTOR AND CFO ON 1 OCTOBER 2019 AND LEAVE ON 15 NOVEMBER 2019.  Full Article

Hammerson Says HY Net Rental Income Falls To £156.6 Mln
Monday, 29 Jul 2019 

July 29 (Reuters) - Hammerson PLC ::HY NET RENTAL INCOME £156.6M VERSUS £178.5M AS REPORTED LAST YEAR.HY ADJUSTED PROFIT £107.4M VERSUS £120.0M.INTERIM DIVIDEND PER SHARE 11.1P.HY EPRA NET ASSET VALUE PER SHARE £6.85 VERSUS £7.38.TENANT RESTRUCTURING: UK FLAGSHIP LFL NRI IMPACT OF NEGATIVE 1.8% IN H1 2019.  Full Article

Hammerson Says Declared An Interim Dividend Of 11.1 Pence Per Share
Monday, 29 Jul 2019 

July 29 (Reuters) - Hammerson PLC ::DIVIDEND DECLARATION.BOARD OF DIRECTORS OF COMPANY HAS DECLARED AN INTERIM DIVIDEND OF 11.1 PENCE PER SHARE FOR SIX MONTH PERIOD ENDED 30 JUNE 2019..  Full Article

Hammerson Sells Major Stake In Italie Deux For 423 Mln Stg
Monday, 29 Jul 2019 

July 29 (Reuters) - Hammerson PLC ::HAMMERSON SELLS MAJOR STAKE IN ITALIE DEUX FOR £423M.DISPOSAL REFLECTS A 4.1% NET INITIAL YIELD ON ITALIE DEUX.TOTAL SALE PRICE REPRESENTS A 8.5% DISCOUNT TO DECEMBER 2018 BOOK VALUE AND MARGINALLY BELOW END OF JUNE 2019 BOOK VALUE.SALE OF A 75% STAKE IN PARISIAN SHOPPING DESTINATION ITALIE DEUX, AND FORWARD SALE OF 75% OF ITALIK EXTENSION FOR A TOTAL OF £423M.WILL COMPLETE ITALIK EXTENSION, WITH A PROJECTED COST TO COMPLETE OF £18M AS AT 30TH JUNE 2019.ITALIE DEUX ELEMENT OF TRANSACTION IS EXPECTED COMPLETE IN AUTUMN 2019 AND PROCEEDS WILL BE USED TO REDUCE DEBT.  Full Article

Photo

Mall operator Hammerson plans rights issue and disposal to ride out crisis

Debt-laden British Mall operator Hammerson is drawing up plans for a possible rights issue and is in advanced talks on the sale of its stake in discount shopping outlets joint venture to help it through the coronavirus crisis, it said on Monday.