HAMMERSON PLC - Notification Of Share Buyback Programme

Notification Of Share Buyback Programme

Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE and Euronext Dublin share code: HMSO      JSE share code: HMN
ISIN: GB00BRJQ8J25
("Hammerson" or "the Company")

16 October 2024

FOR IMMEDIATE RELEASE

Hammerson plc (the "Company")

NOTIFICATION OF SHARE BUYBACK PROGRAMME

Further to the Company's announcement on 22 July 2024, the Company announces that
it will today commence a programme to purchase its ordinary shares of 5 pence each up
to a maximum consideration of £140 million (the "Share Buyback Programme"). The sole
purpose of the Share Buyback Programme is to reduce the Company's share capital. To
the extent permitted by law, ordinary shares purchased under the Share Buyback
Programme will be cancelled.

For the purpose of the Share Buyback Programme, the Company has entered into an
instruction to Morgan Stanley & Co. International Plc ("Morgan Stanley") in relation to the
purchase by Morgan Stanley, acting as principal, of ordinary shares and the simultaneous
on-sale of such ordinary shares by Morgan Stanley to the Company. The Share Buyback
Programme will commence on 16 October 2024 and will end no later than 16 October
2026.

Any purchase of ordinary shares under the Share Buyback Programme will be executed
in accordance with the relevant regulations (including but not limited to the UK Listing
Rules) and the Company's general authority to make market purchases of ordinary shares.
The Company will announce any market repurchase of ordinary shares no later than 7.30
a.m. (UK Time) on the business day following the calendar day on which the repurchase
occurs.

Contact:

Josh Warren
Director of Strategy, Commercial Finance and Investor Relations
Tel: +44 20 7887 1053
josh.warren@hammerson.com

Richard Crowle
Senior Assistant Company Secretary
Tel: +44 20 7887 1000
Richard.crowle@hammerson.com

This announcement does not constitute, or form part of, an offer or any solicitation of an
offer for securities in any jurisdiction.

Hammerson has its primary listing on the London Stock Exchange and secondary inward
listings on the Johannesburg Stock Exchange and Euronext Dublin.

Sponsor: Investec Bank Limited

Date: 16-10-2024 08:00:00
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