Source - Alliance News
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Disposes of 168.2 million shares in Hammerson PLC on market for R 1.10 billion. Last month, Lighthouse said it planned to sell up to 634.5 million Hammerson shares in one or more tranches over the next 12 months. Hammerson is a London-based property development and investment company.
Current Lighthouse stock price in Johannesburg: R 7.70, down 0.4% on Tuesday
12-month change: up 18%
Current Hammerson stock price in London: 28.82 pence, down 1.2%
12-month change: up 13%
Current Hammerson stock price in Johannesburg: R 6.56, down 1.4%
12-month change: up 8.8%
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