Business
Circular, Notice of Meeting and Form of Proxy
Circular, Notice of Meeting and Form of Proxy.
About this update from Hammerson Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\n \nHammerson plc (\"Hammerson\" or the \"Company\")\nPublication of Circular, Notice of General Meeting and Form of Proxy\n8 August 2024\n \nThe Company announces that the following documents have today been posted or otherwise made available to shareholders:\n \n- Circular and Notice of Meeting convening a General Meeting and inviting shareholders to approve resolutions to, among other things, authorise the proposed consolidation, sub-division and re-designation of the Company's ordinary shares (the \"Proposed Share Consolidation\") and the proposed cancellation of the Company's share premium account (the \"Proposed Capital Reduction\") (the \"Circular\"); and\n- Form of Proxy (South Africa).\n \nOn 22 July 2024, Hammerson announced that it had entered into a binding agreement for the disposal of its entire interest in Value Retail. At the same time, it was announced that Hammerson proposed to undertake ancillary corporate actions, being the Proposed Share Consolidation and the Proposed Capital Reduction. The Circular provides shareholders with further information about the background to, and reasons for, the Proposed Share Consolidation and Proposed Capital Reduction, as well as containing details of the requisite Court approval process relating to the Proposed Capital Reduction.\n \nAn expected timetable of key events is set out at the end of this announcement. Further detailed information on the expected timetable is set out in the Circular.\n \nThe above documents have been uploaded to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The documents have also been submitted to Euronext Dublin.\n \nThe Circular and Form of Proxy (South Africa) will also shortly be available to view on the Company's website at www.hammerson.com/investors/shareholder-centre/general-meetings. \n \nThe General Meeting (the \"Meeting\") will be held at 9.30 am (London time) / 10.30 am (South African Standard Time (\"SA time\")) on Thursday, 12 September 2024 at the Company's registered office, Marble Arch House, 66 Seymour Street, London W1H 5BX, United Kingdom. Only persons entered on the Company's UK Principal register (\"UK Register\") at 6.00 pm (Lo...