IN BRIEF: Lighthouse Properties sells more Hammerson shares

Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital ...

Alliance News 18 June, 2024 | 3:50PM
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Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Disposes of 109.1 million shares in Hammerson PLC on market for ZAR718.5 million on Monday as part of its plan to sell up to 634.5 million Hammerson shares over the next 12 months. Late last month, Lighthouse sold 168.2 million shares in Hammerson on market for ZAR1.10 billion. Hammerson is a London-based property development and investment company.

Current Lighthouse stock price in Johannesburg: ZAR8.08, up 4.1% on Tuesday afternoon

12-month change: up 23%

Current Hammerson stock price in London: 28.06 pence, up 0.6%

12-month change: up 5.3%

Current Hammerson stock price in Johannesburg: ZAR6.46, down 0.9%

12-month change: up 4.0%

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Hammerson PLC 30.48 GBX 1.60 -
Lighthouse Properties PLC 803.00 ZAC -1.59 -

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