26th Aug 2024 13:04
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells additional 224.1 million shares in Hammerson PLC on market for ZAR1.45 billion. Last month, it disposed of an additional 111.1 million shares in Hammerson for ZAR765.6 million. The sale is part of Lighthouse's plan to dispose of up to 634.5 million shares in Hammerson over the next 12 months from May.
Current Lighthouse stock price in Johannesburg: ZAR8.29, up 0.9% on Monday afternoon
12-month change: up 42%
Current Hammerson stock price in Johannesburg: ZAR6.91, up 2.4%
12-month change: up 20%
Current Hammerson stock price in London: 28.96 pence
12-month change: up 20%
By Artwell Dlamini, Alliance News reporter
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Related Shares:
Hammerson