Hammerson plc R.E.I.T. (GB:HMSO) has released an update.
Hammerson plc has announced the successful sanctioning of its share premium account cancellation by the High Court of England and Wales, a move that enhances the company’s distributable reserves. This capital reduction is set to be finalized upon registration by the Registrar of Companies, maintaining the company’s issued share capital at 500,226,560 ordinary shares with the total voting rights unchanged.
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