Director/PDMR Shareholding

RNS Number : 3707G

Hammerson PLC

06 May 2014

 



Hammerson plc (the "Company")

Notification of Transactions of Directors

6 May 2014

The following notification is made in accordance with the requirements of DTR 3.1.4 R.

On 2 May 2014, following the assessment of the performance conditions, the awards granted to Directors of the Company on 1 April 2011 under the Hammerson plc 2007 Long-Term Incentive Plan (the "LTIP") vested in the amounts shown in the table below.

		Number of shares vested
Name of Director	Shares awarded on 1 April 2011	Original award	Dividend shares	Total shares vested	Number of shares sold to cover tax liabilities arising on vesting	Number of shares retained	Total shares in which an interest is held
D J Atkins	193,708	23,180	2,363	25,543	12,030	13,513	345,518
P W Cole	139,072	16,642	1,695	18,337	8,636	9,701	258,136
J-P Mouton	61,483	7,357	0	7,357	0	7,357	237,873

The shares were sold on 2 May 2014 at a price of £5.76 per share.

Mr Atkins' retained shares are being transferred to a nominee account held in the name of his spouse, Mrs S L Atkins.

In accordance with the LTIP rules in place in 2011 for awards made to employees of the Company who are resident in France, Mr Mouton's vested shares will be transferred to a nominee account where they will be held for a two year holding period.

Sarah Booth

General Counsel and Company Secretary

 

 

 

 

END

 

 

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