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Hammerson PLC - London-based property development and investment company - Says its shareholders have approved a share consolidation at a general meeting. It had said back in July the move seeks to simplify its share capital through a 1 for 10 share consolidation, and to increase distributable reserves by reducing its share premium account. Current stock price in London: 29.56 pence, down 0.5% on Thursday afternoon 12-month change: up 18% Current stock price in Johannesburg: R 6.89, up 0.2% 12-month change: up 17% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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