27 April 2016
A conditional award of ordinary shares of 25 pence each in the Company (the "Award") was granted to Jean-Philippe Mouton, an Executive Director on 2 April 2012 under the Hammerson plc 2007 Long Term Incentive Plan (the "LTIP").
On 25 April 2016, following the assessment of the performance conditions, the Award vested in the amount shown in the table below.
Director |
Shares awarded 1 April 2012 |
Total shares vested |
Total shares in which an interest is held |
J-P Mouton |
84,426 |
19,907 |
265,702 |
In accordance with the LTIP rules applicable to the 2012 awards made to employees of the Company who are resident in France, Mr Mouton's vested shares will be transferred as soon as practicable to a nominee account where they will be held for a two year holding period.
This announcement is made in accordance with DTR 3.1.4R.
Sarah Booth
General Counsel and Company Secretary