Director/PDMR Shareholding

RNS Number : 3326P

Hammerson PLC

23 March 2009

 



HAMMERSON plc

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR INTO ANY JURISDICTION WHERE SUCH ACTION WOULD BREACH ANY APPLICABLE LAW.

23 March 2009

Directors Dealings and Shareholdings

In accordance with the Directors' intentions stated in the Circular to shareholders and the Prospectus dated 9 February 2009, each Director, to the extent that they were able, took up their rights to subscribe in full for New Shares under the Rights Issue or sold sufficient of their Nil Paid Rights during the nil paid dealing period to meet the costs of taking up the balance of their entitlements to New Shares.

Following the Rights Issue, the interests of the Directors are as follows:

Name	New Shares subscribed for in Rights Issue at 150 pence	Nil Paid Rights sold during Rights Issue	Resulting total holding (number of shares)	Resulting total holding (%)
John Nelson	14,000	-	24,000	0.00345
John Richards	192,418	1,104	330,649	0.04753
David Atkins	28,520	-	48,892	0.00703
John Clare	23,800	-	40,800	0.00587
Peter Cole	83,939	1,513	144,977	0.02084
David Edmonds	11,200	-	19,200	0.00276
Jacques Espinasse	7,000	-	12,000	0.00173
John Hirst	7,788	-	13,351	0.00192
Simon Melliss	90,704	-	155,493	0.02235
Tony Watson	7,000	-	12,000	0.00173

In accordance with Disclosure Rule 3.1.2R, the Company was duly notified by each of the Directors above that on completion of the Rights Issue he was interested in ordinary shares of 25 pence each in the Company as stated in the table above.

Definitions used in the Prospectus shall have the same meanings when used in this announcement, unless the context requires otherwise.

Contact:

Chris Smith, Director of Corporate Affairs    Tel: [phone]

                                                                    [e-mail]

Disclaimer:

This announcement is not a prospectus and investors should not subscribe for any New Shares issued in connection with the Rights Issue except on the basis of the information contained in the Prospectus.

This announcement shall not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to acquire, any New Shares or entitlements to New Shares to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. The distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Neither this announcement nor any part or copy of it may be printed, downloaded, distributed, or transmitted into the United States, except to qualified institutional buyers within the meaning of Rule 144A under the US Securities Act of 1933, as amended (the 'Securities Act'). Any failure to comply with these restrictions may constitute a violation of the securities laws of the United States or another jurisdiction.

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The New Shares have not been, nor will they be, registered under the Securities Act, or under the securities laws of any state in the United States or under the applicable securities laws of Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law. Subject to certain exceptions, the New Shares may not be offered or sold in the United States, Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law, or to or for the benefit of any national, resident or citizen of the United States, Canada, Australia, Japan, South Africa or any jurisdiction where to do so would breach any applicable law.

Neither the content of Hammerson plc's website nor any website accessible by hyperlinks on Hammerson plc's website is incorporated in, or forms part of, this announcement.

Prices and values of, and income from, shares may go down as well as up and an investor may not get back the amount invested. It should be noted that past performance is no guide to future performance. Persons needing advice should consult an independent adviser. 

 

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