Edition:
United Kingdom

Hammerson PLC (HMNJ.J)

HMNJ.J on Johannesburg Stock Exchange

3,898.00ZAc
19 Aug 2019
Change (% chg)

113.00 (+2.99%)
Prev Close
3,785.00
Open
3,855.00
Day's High
3,919.00
Day's Low
3,830.00
Volume
229,511
Avg. Vol
705,492
52-wk High
9,295.00
52-wk Low
3,559.00

Latest Key Developments (Source: Significant Developments)

Baillie Gifford & Co Discloses 5.01% Stake In Hammerson
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Hammerson PLC ::BAILLIE GIFFORD & CO DISCLOSES 5.01% STAKE IN HAMMERSON PLC AS OF JULY 9- FILING.  Full Article

Blackrock Discloses 8.58% Stake In Hammerson PLC - Filing
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Hammerson PLC ::BLACKROCK DISCLOSES 8.58% STAKE IN HAMMERSON PLC - FILING.  Full Article

Intu Properties CEO David Fischel To Step Down
Thursday, 26 Jul 2018 

July 26 (Reuters) - Intu Properties PLC ::DAVID FISCHEL, CHIEF EXECUTIVE, WILL BE STANDING DOWN FROM BOARD AND LEAVING INTU ONCE HIS SUCCESSOR IS APPOINTED.UNDER PROPOSED HAMMERSON DEAL, FISCHEL WAS EXPECTING TO STAND DOWN UPON DEAL COMPLETING; THAT TRANSACTION IS NO LONGER PROCEEDING.  Full Article

Hammerson Says Klepierre's Revised Bid "Very Significantly" Undervalues Company
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Hammerson Plc ::STATEMENT RE REVISED PROPOSAL FROM KLÉPIERRE S.A..RECEIVED A REVISED PROPOSAL FROM KLÉPIERRE RELATING TO A POSSIBLE ACQUISITION OF ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.REVISED PROPOSAL IS 635 PENCE PER HAMMERSON SHARE, COMPRISING 50% IN NEW KLÉPIERRE SHARES AND 50% IN CASH..BOARD REMAINS OPEN TO DISCUSS ANY PROPOSAL FROM KLÉPIERRE WHICH PROPERLY REFLECTS VALUE OF COMPANY.PROPOSAL AT 635P, IS ONLY A 3% INCREASE ON PREVIOUS PROPOSAL AND CONTINUES VERY SIGNIFICANTLY TO UNDERVALUE COMPANY.THERE CAN BE NO CERTAINTY OF A FIRM OFFER FOR HAMMERSON FROM KLÉPIERRE OR TERMS ON WHICH ANY FIRM OFFER MIGHT BE MADE.  Full Article

Hammerson signs credit facility for Intu properties deal​
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Hammerson Plc ::‍HAMMERSON PLC SIGNS £1,500 MILLION REVOLVING CREDIT FACILITY WITH A 3 YEAR MATURITY​.‍SUCCESSFUL SYNDICATION AND SIGNING OF A £1,500 MILLION UNSECURED REVOLVING CREDIT FACILITY ("RCF") AT AN INITIAL MARGIN OF 100 BASIS POINTS WITH A SYNDICATE OF TWELVE OF ITS RELATIONSHIP BANKS.​.‍NEW FACILITY CAN ONLY BE DRAWN ON COMPLETION OF PROPOSED ACQUISITION OF INTU PROPERTIES PLC ("INTU") ANNOUNCED ON 6 DECEMBER 2017 AND WILL BE USED TO REPAY SELECTED INTU DEBT FACILITIES​.  Full Article

Klépierre: Statement Regarding Hammerson PLC
Monday, 19 Mar 2018 

March 19 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE : STATEMENT REGARDING HAMMERSON PLC ("HAMMERSON").NOTES RECENT SPECULATION REGARDING A PROPOSAL MADE BY KLÉPIERRE TO HAMMERSON..CONFIRMS THAT ON 8 MARCH 2018, KLÉPIERRE MADE A PROPOSAL ON A NON-ADVERSARIAL BASIS TO BOARD OF HAMMERSON.INTENTION OF ENGAGING IN A CONSTRUCTIVE DIALOGUE REGARDING A POSSIBLE OFFER TO ACQUIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.INTENTION TO BUY AT VALUE OF 615 PENCE PER HAMMERSON ORDINARY SHARE.PROPOSAL REPRESENTS A PREMIUM OF APPROXIMATELY 40.7% TO CLOSING PRICE OF 437.10 PENCE PER HAMMERSON ORDINARY SHARE ON 16 MARCH 2018.CONSIDERATION WOULD COMPRISE A COMBINATION OF CASH AND SHARES IN KLÉPIERRE..BOARD OF HAMMERSON REJECTED PROPOSAL IN LESS THAN 24 HOURS ON 9 MARCH 2018..  Full Article

Hammerson Says Reports Of Positive Feedback On Intu Deal Not Statement Of Support​
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Hammerson Plc ::HAMMERSON CLARIFICATION RE: PRESS REPORT.NOTES PRESS REPORTS REFERRING TO POSITIVE FEEDBACK IT HAS RECEIVED FROM ITS DISCUSSIONS WITH SHAREHOLDERS IN FOR INTU DEAL.‍HAMMERSON CLARIFIES THAT THIS POSITIVE FEEDBACK SHOULD NOT BE TREATED AS FORMAL STATEMENTS OF SUPPORT​.  Full Article

Hammerson Posts FY ‍Adjusted Profit Of 246.3 Million STG
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Hammerson Plc ::FINAL DIVIDEND 14.8 PENCEPER SHARE.TOTAL DIVIDEND 25.5 PENCEPER SHARE.FY ‍ADJUSTED PROFIT 246.3 MILLION STG VERSUS 230.7 MILLION STG YEAR AGO.‍FY ADJUSTED EARNINGS PER SHARE 31.1P​.AS DEC 31 ‍EPRA NET ASSET VALUE PER SHARE £7.76​.‍AS AT DEC 31, GEARING 58%​.AS AT DEC 31 ‍LOAN TO VALUE 36%​.FY NET RENTAL INCOME ‍370.4​ MILLION POUNDS VERSUS 346.5 MILLION POUNDS YEAR AGO.FY DIVIDEND PER SHARE ‍14.8​ PENCE VERSUS 13.9 PENCE A YEAR AGO.  Full Article

Hammerson Announces Disposal Of Battery Retail Park, Birmingham
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Hammerson Plc ::DISPOSAL OF BATTERY RETAIL PARK, BIRMINGHAM.‍EXCHANGED CONTRACTS FOR SALE OF BATTERY RETAIL PARK, BIRMINGHAM, TO NFU MUTUAL FOR £57.5 MILLION​.  Full Article

Hammerson says disposal of Place Des Halles shopping centre
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - HAMMERSON PLC ::DISPOSAL OF PLACE DES HALLES SHOPPING CENTRE.CONTRACTS FOR SALE OF ITS SHARE (64.5%) OF PLACE DES HALLES SHOPPING CENTRE IN STRASBOURG, FRANCE.LASALLE INVESTMENT MANAGEMENT WILL PURCHASE CENTRE FROM HAMMERSON AND ITS CO-OWNER FOR A TOTAL NET VENDOR PRICE (100%) OF EUR 291 MILLION.  Full Article

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UK mall operator Intu's shares slump as retail failures weigh

Shares in British shopping centre operator Intu sank more than 21% on Wednesday after reporting a fall in first-half net rental income on Wednesday, the latest sign of weakness in a struggling British retail sector.