Hammerson PLC Response to Press Speculation (0588V)
April 12 2021 - 1:00AM
UK Regulatory
TIDMHMSO
RNS Number : 0588V
Hammerson PLC
12 April 2021
Hammerson plc (the Company)
12 April 2021
Response to Press Speculation
Hammerson plc (the "Company") notes recent press
speculation.
As announced at its Full Year results, the Company continues to
make asset disposals in liquid markets to further strengthen the
balance sheet, with gross proceeds of GBP73m achieved to date in
2021.
The Company confirms that it is in discussions on terms of a
possible disposal of its retail parks portfolio to Brookfield.
There can be no certainty that a transaction will take place or
the terms on which any transaction may occur. The Company will
provide a further update in due course, if appropriate.
ENDS
This announcement has also been released on the SENS system of
the Johannesburg Stock Exchange and on Euronext Dublin.
Investor Contact
Josh Warren, Hammerson, Head of Investor Relations
Tel: +44 20 7887 1053
josh.warren@hammerson.com
Press Contacts
Hammerson
Catrin Sharp, Head of Corporate Communications
Tel: +44 20 7887 1063
catrin.sharp@hammerson.com
FTI Consulting (for Hammerson)
Dido Laurimore
Tel: +44 20 3727 1000/ 0780 1654424
dido.laurimore@fticonsulting.com
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END
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