Major Shareholding Notification • May 3, 2019
Major Shareholding Notification
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RNS Number : 0735Y
Hammerson PLC
03 May 2019
Hammerson plc (the 'Company')
Notification of Transactions of Directors
3 May 2019
Further to the awards of nil cost options over 25p ordinary shares in the Company ('Shares') that were made on 2 May 2017 under the Deferred Bonus Share Scheme ('DBSS'), which vested on 2 May 2019, the Company has been notified that the following Executive Directors of the Company exercised their options on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.
| Name of Director | Number of Shares awarded | Dividend Shares | Number of Shares exercised | Number of Shares sold to satisfy Income Tax and NIC | Share price £ | Number of Shares retained |
| David Atkins | 18,252 | 1,951 | 20,203 | 9,515 | 3.164 | 10,688 |
| Timon Drakesmith | 12,466 | 1,333 | 13,799 | 6,499 | 3.164 | 7,300 |
Further to the awards of nil cost options over Shares that were made on 26 March 2015 under the 2007 Long Term Incentive Plan ('LTIP'), which vested following the assessment of performance conditions on 30 April 2019, the Company has been notified that the following Executive Directors of the Company exercised their options on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.
| Name of Director | Number of Shares awarded | Dividend Shares | Number of Shares vested and exercised | Number of Shares sold to satisfy Income Tax and NIC | Share price £ | Number of Shares retained |
| David Atkins | 130,901 | 24,105 | 79,859 | 37,609 | 3.164 | 42,250 |
| Timon Drakesmith | 89,460 | 16,474 | 54,577 | 25,703 | 3.164 | 28,874 |
Mr Drakesmith's retained Shares are being held in the name of his spouse, Mrs D R Drakesmith.
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.
Julia Crane
Deputy Company Secretary
Note: the announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.
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 | 100,062 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £0.00 | 100,062 | £0.00 |
e)
Date of the transaction
2 May 2019
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) | |
| £3.164 | 47,124 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £3.164 | 47,124 | £149,100.34 |
e)
Date of the transaction
2 May 2019
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 | 68,376 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £0.00 | 68,376 | £0.00 |
e)
Date of the transaction
2 May 2019
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) | |
| £3.164 | 32,202 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £3.164 | 32,202 | £101,887.13 |
e)
Date of the transaction
2 May 2019
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 | 36,174 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £0.00 | 36,174 | £0.00 |
e)
Date of the transaction
2 May 2019
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 | 36,174 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| £0.00 | 36,174 | £0.00 |
e)
Date of the transaction
2 May 2019
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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