Form 8 (OPD) Interests in Hammerson plc

RNS Number : 8283Z
Hammerson PLC
19 December 2017
 

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

Hammerson plc

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Offeror - Hammerson plc

(d) Is the discloser the offeror or the offeree?

OFFEROR

(e) Date position held:

     The latest practicable date prior to the disclosure

18 DECEMBER 2017

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES

If YES, specify which:

Intu Properties plc

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 

N/A

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

N/A

-

N/A

-

(2) Cash-settled derivatives:

 

N/A

-

N/A

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

N/A

-

N/A

-

 

     TOTAL:

N/A

-

N/A

-

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b)        Rights to subscribe for new securities

 

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

 

a)   Beneficial holdings of the Directors of Hammerson plc and their close relatives in its ordinary shares

 

Name

Number of shares

Percentage of issued share capital

David Tyler

60,000

0.0076%

Margaret Fingerhut (spouse of David Tyler)

2,370

0.0003%

David Atkins

378,511

0.0477%

Susan Louise Atkins (spouse of David Atkins)

235,088

0.0296%

Martin Wellsbury (Father of spouse of David Atkins)

1,000

0.0001%

Timon Drakesmith

256,338

0.0323%

Deborah Rheims Drakesmith (spouse of Timon Drakesmith)

159,523

0.0201%

Peter Cole

324,778

0.0409%

Jean-Philippe Mouton

308,758

0.0389%

Terry Duddy

40,000

0.0050%

Melanie Duddy (spouse of Terry Duddy)

10,000

0.0013%

Pierre Bouchut

20,279

0.0026%

Gwyn Burr

5,182

0.0007%

Andrew Formica

22,000

0.0028%

Judy Gibbons

4,115

0.0005%

 

b)   Interests held by Directors of Hammerson plc under its share plans

 

David Atkins:

 

Name of Scheme

Number of shares in respect of which options granted

Original Grant Date

Exercise period

Exercise Price

Long Term Incentive Plan

120,145

1 April 2014

April 2018 - April 2021

Nil cost option

142,168

26 March 2015

March 2019 - March 2022

Nil cost option

219,359

24 March 2016

March 2020 - March 2023

Nil cost option

224,974

3 April 2017

April 2021 - April 2024

Nil cost option

Deferred Bonus Share Scheme

48,950

1 March 2016

March 2018 - March 2023

Nil cost option

21,700

27 April 2016

April 2018 - April 2023

Nil cost option

37,213

1 March 2017

March 2019 - March 2024

Nil cost option

18,530

2 May 2017

May 2019 - May 2024

Nil cost option

Sharesave

2,102

24 March 2016

May 2019 - October 2019

£4.28

765

23 March 2017

May 2020 - October 2020

£4.70

 

Timon Drakesmith:

 

Name of Scheme

Number of shares in respect of which options granted

Original Grant Date

Exercise period

Exercise Price

Long Term Incentive Plan

82,108

1 April 2014

April 2018 - April 2021

Nil cost option

97,160

26 March 2015

March 2019 - March 2022

Nil cost option

149,914

24 March 2016

March 2020 - March 2023

Nil cost option

163,976

3 April 2017

April 2021 - April 2024

Nil cost option

Deferred Bonus Share Scheme

33,453

1 March 2016

March 2018 - March 2023

Nil cost option

14,831

27 April 2016

April 2018 - April 2023

Nil cost option

27,187

1 March 2017

March 2019 - March 2024

Nil cost option

12,656

2 May 2017

May 2019 - May 2024

Nil cost option

Sharesave

765

23 March 2017

May 2020 - October 2020

£4.70

 

Peter Cole:

 

Name of Scheme

Number of shares in respect of which options granted

Original Grant Date

Exercise period

Exercise Price

Long Term Incentive Plan

97,770

2 April 2013

April 2017 - April 2020

Nil cost option

87,542

1 April 2014

April 2018 - April 2021

Nil cost option

103,589

26 March 2015

March 2019 - March 2022

Nil cost option

159,834

24 March 2016

March 2020 - March 2023

Nil cost option

163,976

3 April 2017

April 2021 - April 2024

Nil cost option

Deferred Bonus Share Scheme

53,224

12 March 2012

March 2014 - March 2019

Nil cost option

67,560

11 March 2013

March 2015 - March 2020

Nil cost option

2,577

3 March 2014

March 2016 -March 2021

Nil cost option

35,667

1 March 2016

March 2018 - March 2023

Nil cost option

15,812

27 April 2016

April 2018 - April 2023

Nil cost option

27,119

1 March 2017

March 2019 - March 2024

Nil cost option

13,503

2 May 2017

May 2019 - May 2024

Nil cost option

Sharesave

3,504

23 March 2016

May 2021 - October 2021

£4.28

765

23 March 2017

May 2020 - October 2020

£4.70

 

Jean-Philippe Mouton:

 

Name of Scheme

Number of shares in respect of which conditional awards granted

Original Grant Date

Award Price

Long Term Incentive Plan12

67,858

1 April 2014

Nil

78,895

26 March 2015

Nil

118,734

24 March 2016

Nil

131,358

3 April 2017

Nil

 

Name of Scheme

Number of shares in respect of which options granted

Original Grant Date

Exercise period

Exercise Price

Deferred Bonus Share Scheme

26,082

1 March 2016

March 2018 - March 2023

Nil cost option

11,498

27 April 2016

April 2018 - April 2023

Nil cost option

21,702

1 March 2017

March 2019 - March 2024

Nil cost option

10,687

2 May 2017

May 2019 - May 2024

Nil cost option

 

1 Long Term Incentive Plan awards granted to Jean-Philippe Mouton are in the form of conditional awards of free shares.

2  In the case of awards made to Jean-Philippe Mouton under the Long Term Incentive Plan, the award shares vest as soon as it has been determined that certain performance conditions have been satisfied.

    

  

c)   Interests of connected advisers of Hammerson plc in Hammerson plc

 

JPMorgan Chase Bank, N.A. (Custody):

 

Class of relevant security

Ordinary shares

 

Interests

Short Positions

Number

%

Number

%

Relevant securities owned and/or controlled

82

0.00001%

-

-

 

Deutsche Bank Aktiengesellschaft, Filiale Johannesburg:

 

Class of relevant security

Ordinary shares

 

Interests

Short Positions

Number

%

Number

%

Cash settled equity swap

611,604

0.07710%

611,604

0.07710%

 

 

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

 

 

Date of disclosure:

19 December 2017

Contact name:

Sarah Booth

Telephone number:

44 (0) 20 7887 1000

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

The announcement above has been released on the SENS system of the Johannesburg Stock Exchange.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
FEEOKCDKPBDDABD

Companies

Hammerson (HMSO)
UK 100

Latest directors dealings