Last checked at 12 Apr 2021 07:00
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 £73m 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