Director/PDMR Shareholding

RNS Number : 0133G
Hammerson PLC
23 May 2017
 

Hammerson plc (the "Company")

Notification of Transactions of Directors

23 May 2017

 

 

Further to the awards of nil cost options over 25p ordinary shares in the Company ("Shares") that were made on 3 March 2015 and 28 April 2015 under the Deferred Bonus Share Scheme ("DBSS"), which vested on 9 May 2017, the Company has been notified that the following Executive Directors of the Company exercised their options on 19 May 2017.

 

The total number of options exercised is shown in the table below.

 

Name of Director

Date of award

Number of Shares awarded

Dividend Shares

Number of Shares exercised

Number of Shares sold

Number of Shares retained

David Atkins

03/03/2015

37,334

3,292

40,626

19,132

21,494

David Atkins

28/04/2015

8,437

588

9,025

4,251

4,774

Peter Cole

03/03/2015

24,893

2,195

27,088

27,088

0

Peter Cole

28/04/2015

6,148

428

6,576

6,576

0

Timon Drakesmith

03/03/2015

28,403

2,505

30,908

14,556

16,352

Timon Drakesmith

28/04/2015

5,766

402

6,168

2,905

3,263

Jean-Philippe Mouton

03/03/2015

12,278

1,082

13,360

0

13,360

Jean-Philippe Mouton

12/03/2015

6,337

559

6,896

0

6,896

Jean-Philippe Mouton

28/04/2015

4,125

287

4,412

0

4,412

 

Further to the awards of nil cost options over Shares that were made on 2 April 2012 and 2 April 2013 under the 2007 Long Term Incentive Plan ("LTIP"), which vested following the assessment of performance conditions on 25 April 2016 and 9 May 2017 respectively, the Company has been notified that the following Executive Directors of the Company exercised their options on 19 May 2017.

 

The total number of options exercised is shown in the table below.

 

Name of Director

Date of award

Number of Shares awarded

Number of Shares vested

Dividend Shares vested

Total Shares vested

Number of Shares exercised

Number of Shares sold

Number of Shares retained

David Atkins

02/04/2012

281,724

66,431

11,525

77,956

77,956

36,713

41,243

David Atkins

02/04/2013

240,000

155,840

24,600

180,440

180,440

84,977

95,463

Peter Cole

02/04/2012

202,263

47,694

8,273

55,967

55,967

55,967

0

Peter Cole

02/04/2013

172,307

111,885

18,416

130,301

34,000

34,000

0

Timon Drakesmith

02/04/2012

192,631

45,422

7,880

53,302

53,302

25,103

28,199

Timon Drakesmith

02/04/2013

164,102

106,557

17,539

124,096

124,096

58,441

65,655

 

For all of the transactions in the above tables, the Shares were sold on 19 May 2017 at a price of £5.7781 per Share.

 

Mr Atkins' retained Shares are being transferred to a nominee account held in the name of his spouse, Mrs S L Atkins.

 

Mr Drakesmith's retained Shares are being held in the name of his spouse, Mrs D R Drakesmith.

 

Following the above transactions, the total beneficial shareholdings of the Executive Directors in the Company are as follows:

 

Name of Director

Interest in Shares prior to transactions

Total Shares held beneficially

David Atkins

450,395

613,369

Peter Cole

324,525

324,525

Timon Drakesmith

302,278

415,747

Jean-Philippe Mouton

284,090

308,758

 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.

 

Note: the announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.

 

 

Sarah Booth

General Counsel and Company Secretary

 

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

David Atkins

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer

a)

Name

Hammerson plc

b)

LEI

213800G1C9KKVVDN1A60

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

308,047




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

308,047

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Sale of ordinary shares of 25 pence each

 

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£5.7781

145,073




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£5.7781

145,073

£838,246.30

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Transfer of ordinary shares of 25 pence each to spouse

 

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

162,974




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

162,974

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Peter Cole

2

Reason for the notification

a)

Position/status

Chief Investment Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer

a)

Name

Hammerson plc

b)

LEI

213800G1C9KKVVDN1A60

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

123,631




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

123,631

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Sale of ordinary shares of 25 pence each

 

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£5.7781

123,631




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£5.7781

123,631

£714,352.28

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Timon Drakesmith

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer

a)

Name

Hammerson plc

b)

LEI

213800G1C9KKVVDN1A60

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

214,474




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

214,474

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Sale of ordinary shares of 25 pence each

 

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£5.7781

101,005




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£5.7781

101,005

£583,616.99

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Transfer of ordinary shares of 25 pence each to spouse

 

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

113,469




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

113,469

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Jean-Philippe Mouton

2

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer

a)

Name

Hammerson plc

b)

LEI

213800G1C9KKVVDN1A60

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;

(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument.

 

Identification code

Ordinary shares of 25 pence each

 

 

ISIN: GB0004065016

b)

Nature of the transaction

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

24,668




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

24,668

£0.00

e)

Date of the transaction

19 May 2017

f)

Place of the transaction

XLON

 

 

 


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