While recognizing some of the strategic challenges Hammerson is working to address, APG AM remains confident in the Company’s current leadership team which has been making demonstrable progress on the execution of the strategy aimed at delivering long term sustainable value in a challenging backdrop. APG AM believes it is in the best interest of the Company and its stakeholders to allow the current board of directors to continue to perform effectively and demonstrate commitment to their role. Therefore, at the Hammerson AGM of 4 May 2023, APG AM will vote for all the incumbent directors up for re-election, and will not support the resolutions 18 and 19 that have been requisitioned by Lighthouse.
APG’s statement on AGM of Hammerson
Published on:
14 April 2023