Director/PDMR Shareholding

RNS Number : 2045N

Hammerson PLC

04 May 2018

 

Hammerson plc (the 'Company')

Notification of Transactions of Directors

4 May 2018

Further to the awards of nil cost options over 25p ordinary shares in the Company ('Shares') that were made on 1 March 2016 and 27 April 2016 under the Deferred Bonus Share Scheme ('DBSS'), which vested on 1 March 2018 and 27 April 2018 respectively, the Company has been notified that the following Executive Directors of the Company exercised their options on 3 May 2018.

Name of Director	Date of award	Number of Shares awarded	Dividend Shares	Number of Shares exercised	Number of Shares sold	Share price £	Number of Shares retained
David Atkins	01/03/2016	45,593	3,357	48,950	23,053	5.506	25,897
David Atkins	27/04/2016	20,618	1,748	22,366	10,533	5.506	11,833
Peter Cole	01/03/2016	33,221	2,446	35,667	24,709	5.54445	10,958
Peter Cole	27/04/2016	15,023	1,273	16,296	11,289	5.54445	5,007
Timon Drakesmith	01/03/2016	31,159	2,294	32,734*	15,416	5.513	17,318
Timon Drakesmith	27/04/2016	14,091	1,194	15,285	7,199	5.513	8,086
Jean-Philippe Mouton	27/04/2016	10,925	926	11,851	0	-	11,851

*Due to an administrative error at the time of the 2013 LTIP vesting, Mr Drakesmith received an additional 719 shares on the exercise of his award in May 2017. In order to rectify this error, Mr Drakesmith has agreed to reduce his DBSS award granted on 1 March 2016 by 719 shares.

Further to the awards of nil cost options over Shares that were made on 2 April 2013 and 1 April 2014 under the 2007 Long Term Incentive Plan ('LTIP'), which vested following the assessment of performance conditions on 25 April 2017 and 24 April 2018 respectively, the Company has been notified that the following Executive Directors of the Company exercised their options on 3 May 2018.

Name of Director	Date of award	Number of Shares awarded	Dividend Shares vested	Number of Shares vested and exercised	Number of Shares sold	Share price £	Number of Shares retained
David Atkins	01/04/2014	107,490	9,223	69,901	32,920	5.506	36,981
Peter Cole	02/04/2013	81,935	18,044	99,979	69,261	5.54445	30,718
Peter Cole	01/04/2014	78,321	6,720	50,932	35,284	5.54445	15,648
Timon Drakesmith	01/04/2014	73,460	6,303	47,772	22,498	5.513	25,274

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	628,599	703,310
Peter Cole	324,778	387,109
Timon Drakesmith	430,861	481,539
Jean-Philippe Mouton	374,321	386,172

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) £0.00 141,217
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 141,217 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue
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) £5.506 66,506
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £5.506 66,506 £366,182.03
e)	Date of the transaction	3 May 2018
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) £0.00 202,874
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 202,874 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue
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) £5.54445 140,543
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £5.54445 140,543 £779,233.63
e)	Date of the transaction	3 May 2018
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 95,791
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 95,791 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue
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) £5.513 45,113
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £5.513 45,113 £248,707.96
e)	Date of the transaction	3 May 2018
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 50,678
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 50,678 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue

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
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 11,851
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 11,851 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Deborah Rheims Drakesmith
2	Reason for the notification
a)	Position/status	Person Closely Associated with Timon Drakesmith, 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	Transfer of ordinary shares of 25 pence each from spouse
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 50,678
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 50,678 £0.00
e)	Date of the transaction	3 May 2018
f)	Place of the transaction	Outside a trading venue

 

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