Hammerson PLC Dividend Declaration (2431X)
February 20 2017 - 2:01AM
UK Regulatory
TIDMHMSO
RNS Number : 2431X
Hammerson PLC
20 February 2017
Hammerson plc (the 'Company')
Dividend Declaration
Dividend No. 132
20 February 2017
Notice is hereby given that a final dividend on the Company's
ordinary share capital in respect of the year ended 31 December
2016 will be paid as follows:
2017
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Dividend declaration announcement released Monday, 20
February
------------------------------------------------- --------------
Last day to effect removal of shares between Monday, 6
the United Kingdom (UK) and South African March
(SA) registers
------------------------------------------------- --------------
Currency conversion announcement released Tuesday, 7
March
------------------------------------------------- --------------
Last day to trade on the Johannesburg Stock Tuesday, 14
Exchange (JSE) to qualify for the dividend March
------------------------------------------------- --------------
Ex--dividend on the JSE from commencement Wednesday,
of trading on 15 March
------------------------------------------------- --------------
Ex--dividend on the London Stock Exchange Thursday,
from the commencement of trading on 16 March
------------------------------------------------- --------------
Record date (applicable to both the UK principal Friday, 17
register and the SA branch register) March
------------------------------------------------- --------------
Removal of shares between the UK and SA Monday, 20
registers permissible from March
------------------------------------------------- --------------
Last day for receipt of Dividend Reinvestment Friday, 24
Plan (DRIP) mandates by Central Securities March
Depository Participants (CSDPs)
------------------------------------------------- --------------
Last day for receipt of DRIP elections to Monday, 27
SA Transfer Secretaries March
by 13h00 (SA
time)
------------------------------------------------- --------------
Last day for receipt of DRIP elections by Sunday, 2
UK Registrars April
------------------------------------------------- --------------
Final dividend payable (UK) Thursday,
27 April
------------------------------------------------- --------------
Final dividend payable (SA) Friday, 28
April
------------------------------------------------- --------------
DRIP purchases settlement date (subject Friday, 5
to market conditions and the purchase of May
shares in the open market)
------------------------------------------------- --------------
Notes:
1. The removal of shares to and from the UK principal register
and the SA branch register will not be permitted between Tuesday, 7
March 2017 and the close of business on Friday, 17 March 2017, both
dates inclusive.
2. Shareholders registered on the SA branch register should note
that, in accordance with the requirements of Strate, no
dematerialisation or rematerialisation of shares will be possible
from Wednesday, 15 March 2017 to Friday, 17 March 2017, both dates
inclusive.
3. Shareholders registered on the SA branch register will be
paid in SA Rand.
4. Shareholders registered on the SA branch register are liable
to dividends tax in South Africa at the rate of 15%. This tax is
reduced to the extent that the Company is obliged to withhold tax
in the UK. The Company is obliged to withhold tax at the rate of
20% in the UK. There will therefore be no dividends tax withheld in
South Africa. Under the double tax agreement between South Africa
and the UK, the maximum amount of tax payable in the UK is 15%.
Shareholders may reclaim any amount of UK withholding tax in excess
of 15% from Her Majesty's Revenue and Customs in terms of the
double tax agreement, in accordance with the relevant reimbursement
process. Further information on the reimbursement process will be
communicated in the currency conversion announcement on Tuesday, 7
March 2017.
5. Those shareholders who already participate in the DRIP need
not complete a DRIP mandate form for each dividend as such forms
provide an ongoing authority to participate in the DRIP until
cancelled in writing.
6. Shareholders on the UK principal register who wish to
participate in the DRIP should complete an application form online
at: www.capitashareportal.com.
7. Shareholders registered on the SA branch register who hold
their shares through the Strate system and who wish to participate
in the DRIP should contact their CSDP.
8. Copies of the terms and conditions of the UK DRIP are available from the UK Registrars.
9. As at Monday, 20 February 2017, being the declaration date of
the dividend, the Company had a total of 793,188,451 ordinary
shares in issue. The Company held no ordinary shares in
treasury.
10. The final dividend will be paid out of the Company's UK
distributable reserves.
11. The final dividend should be regarded as a 'foreign
dividend' for SA income tax and dividends tax purposes.
12. The final dividend is subject to the approval of
shareholders at the Annual General Meeting scheduled for Tuesday,
25 April 2017.
13. The dates above are subject to change. Any changes made will
be communicated as soon as practicably possible.
Registered Office UK Registrars SA Transfer Secretaries
Kings Place Capita Asset Services Computershare Investor
90 York Way The Registry Services Proprietary
London 34 Beckenham Road Limited
N1 9GE Beckenham (Registration number
United Kingdom Kent 2004/003647/07)
BR3 4TU 1(st) Floor, Rosebank
United Kingdom Towers,
15 Biermann Avenue,
Rosebank, 2196
South Africa
(PO Box 61051, Marshalltown,
2107, South Africa)
For further information contact:
Sarah Booth
General Counsel and Company Secretary
Tel: +44 (0)20 7887 1000
The announcement above has been released on the SENS system of
the Johannesburg Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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