Director/PDMR Shareholding

RNS Number : 3198Z

Hammerson PLC

05 March 2013

 



Hammerson plc (the "Company")

Notification of Transactions of Directors

5 March 2013

On 5 March 2013, the Company was notified of transactions by the Directors in the Company's ordinary shares of 25 pence each (the "Shares") as follows:

1.    Upon the vesting on 4 March 2013 of the conditional award of Part C (deferred) shares made under the Annual Bonus Scheme on 3 March 2011 for the 2010 financial year, the Company was notified of the following transactions by Executive Directors:

	Shares vested	Shares sold	Shares retained
D J Atkins	44,324	23,095*	21,229
P W B Cole	39,620	39,620*	-
J-P Mouton	7,139	-	7,139

*Shares were sold on 4 March 2013 at a price of 504.00 pence per share.  Shares sold by Mr Atkins were to cover Income Tax and NIC liability only.

2.    The Company was notified by the trustees of the Hammerson Share Incentive Plan (the "SIP") that Shares in the Company were purchased on behalf of Timon Drakesmith, an Executive Director, on 4 March 2013 under the Partnership Shares element of the SIP at a price of 512.50 pence per Share.  In accordance with the terms of the SIP, Mr Drakesmith was awarded two Matching Shares for each Partnership Share purchased.

The number of Partnership Shares purchased and Matching Shares awarded are as follows:

	Number of Partnership Shares purchased	Number of Matching Shares awarded
N T Drakesmith	24	48

3.    David Tyler, a Non-Executive Director, purchased 20,000 Shares at a price of 521.00 pence per Share on 5 March 2013.

Following the above transactions, the shareholdings in the Company of the above-named Directors are as follows:

	Total Shares held beneficially
D J Atkins	199,167
P W B Cole	246,200
N T Drakesmith	175,822
J-P Mouton	178,613
D A Tyler	20,000

This notification is made in accordance with the requirements of DTR 3.1.4 R.

Sarah Booth

General Counsel and Company Secretary

 

END

 

 

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