Hammerson PLC — Director's Dealing 2017

Dec 19, 2017

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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

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