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Hammerson plc Announces Change in Voting Rights Ownership

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Hammerson plc Announces Change in Voting Rights Ownership

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an update.

Hammerson plc, a UK-based real estate investment trust, announced a change in voting rights ownership following an acquisition by Coronation Fund Managers. The transaction increased Coronation’s voting rights in Hammerson to 6.13%, up from a previous 5.04%, reflecting a significant shift in shareholder composition. This adjustment may impact the company’s decision-making processes and influence its strategic direction due to the increased influence of Coronation Fund Managers.

More about Hammerson plc R.E.I.T.

YTD Price Performance: 1.14%

Average Trading Volume: 1,079,367

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.35B

See more insights into HMSO stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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