Director's Dealing • May 4, 2018
Director's Dealing
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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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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