| Mon 21 Nov 2016, 17:45 | | HAMMERSON PLC - Grand Central joint venture regulatory clearance |
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HMN 201611210048A
Grand Central joint venture regulatory clearance
Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE share code: HMSO JSE share code: HMN
ISIN: GB0004065016
(“Hammerson” or “the Company”)
21 November 2016
Grand Central joint venture regulatory clearance
Hammerson and Canada Pension Plan Investment Board have been informed that the acquisition
of Grand Central, Birmingham, by the 50:50 joint venture between the two parties has been
cleared to proceed, pursuant to the Merger Regulation of the European Commission.
Having received clearance, the joint venture transaction and Hammerson’s disposal of 50% of
Grand Central for £175 million, as previously announced, is anticipated to close by mid-
December.
For further information:
Rebecca Patton, Head of Investor Relations
020 7887 1109
Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on
the Johannesburg Stock Exchange.
Joint Sponsors:
Deutsche Securities (SA) Proprietary Limited
Java Capital
Notes to Editors
Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our
portfolio of high-quality retail property has a value of around £9 billion and includes 22 prime
shopping centres, 18 convenient retail parks and investments in 15 premium outlet villages,
through our partnership with Value Retail and the VIA Outlets joint venture. Key investments
include Bullring, Birmingham, Bicester Village, Dundrum Town Centre, Dublin and Les Terrasses
du Port, Marseille.
Date: 21/11/2016 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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