THIS ANNOUNCEMENT (AND THE INFORMATION CONTAINED HEREIN) IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
FOR IMMEDIATE RELEASE
Hammerson plc ("Hammerson" or the "Group" or the "Company")
Results of the General Meeting
Further to the announcement entitled "Dividend Declaration" on 5 August 2021, the Company announces that, at the General Meeting held earlier today, the resolution set out in the circular relating to the proposed enhanced scrip dividend alternative and to convene a General Meeting of the Company, published by the Company on 11 October 2021 (the "Circular"), was duly passed without amendment on a poll by the requisite majority of shareholders of the Company. Capitalised terms used but not otherwise defined in this announcement have the meanings given to them in the Circular, which is available at https://www.hammerson.com/investors
The Resolution was passed as a special resolution. The full text of the Resolution is set out in the Circular.
Details of the total votes received in relation to the Resolutions are as follows:
| RESOLUTION | VOTES | ||||||
| FOR* | AGAINST** | VOTES CAST | WITHHELD*** | ||||
| No. of Shares | % of Shares voted | No. of Shares | % of Shares voted | % of Issued Share Capital | No. of Shares | ||
| 1 | To grant the Board authority to offer the enhanced scrip dividend alternative | 3,109,199,105
| 100.00% | 88,664 | 0.00 | 73.96% | 601,426 |
* Votes in favour include votes where the Chair of the General Meeting was given discretion regarding how to vote.
** Percentages are expressed as a proportion of total votes cast (which does not include votes withheld).
*** A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' the Resolution.
The Resolution passed at the General Meeting enables the Directors to proceed with the proposed Interim 2021 Dividend and Enhanced Scrip Dividend Alternative, as set out in the Circular. Cash payments in respect of the Interim 2021 Dividend and the date of issue, admission and first day of dealings in New Shares on the London Stock Exchange, Euronext Dublin, and Johannesburg Stock Exchange is expected to be Tuesday, 7 December 2021.
The Board retains the discretion to withdraw or modify the terms of the Enhanced Scrip Dividend Alternative and the Interim 2021 Dividend, because there are certain situations in which the Board may decide that it is no longer appropriate to pay the Interim 2021 Dividend and to offer the Enhanced Scrip Dividend Alternative, or it may not be permissible for the Company to do so.
In accordance with Listing Rule 9.6.2R, a copy of the Resolution passed at the General Meeting has been submitted to the National Storage Mechanism, which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The documents have also been submitted to Euronext Dublin.
A copy of the poll results for the General Meeting is also available on the Hammerson plc website (www.hammerson.com).
Enquiries
Hammerson
Investor Contact
Josh Warren, Hammerson, Director of Strategy and Investor Relations
Tel: +44 20 7887 1053
josh.warren@hammerson.com
25 November 2021
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
