Source - Alliance News

Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells additional 224.1 million shares in Hammerson PLC on market for R 1.45 billion. Last month, it disposed of an additional 111.1 million shares in Hammerson for R 765.6 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: R 8.29, up 0.9% on Monday afternoon

12-month change: up 42%

Current Hammerson stock price in Johannesburg: R 6.91, up 2.4%

12-month change: up 20%

Current Hammerson stock price in London: 28.96 pence

12-month change: up 20%

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