Director/PDMR Shareholding

RNS Number : 1726R

Hammerson PLC

04 March 2016

 

Hammerson plc (the "Company")

Director/PDMR Shareholding - Notification of Transactions of Directors

4 March 2016

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

Further to the awards of nil cost options over 25p ordinary shares in the Company (the "Shares") that were made on 11 March 2013 and 3 March 2014 under the Hammerson Deferred Bonus Share Scheme, which vested on 11 March 2015 and 3 March 2016 respectively, the Company has been notified that the following Executive Directors of the Company, exercised their options on 3 March 2016.

The total number of options exercised is shown in the tables below, along with the number of Shares sold.  All share sales were made on 3 March 2016 at a price of £5.582 per Share (in order to cover Income Tax and National Insurance liability plus associated brokerage costs). The total number of Shares in which the Executive Directors have an interest following the transactions is also shown.  72,114 Shares retained by David Atkins will be transferred to a nominee account in the name of his spouse, Mrs L Atkins.  17,467 Shares retained by Timon Drakesmith will be transferred to his spouse, Mrs D R Drakesmith.

Name of Director	Shares awarded on 11 March 2013	Dividend Shares	Shares awarded on 3 March 2014	Dividend Shares	Total Shares exercised	Number of Shares sold	Number of Shares retained
David Atkins	80,391	7,628	45,548	2,740	136,307	64,193	72,114

Name of Director	Shares awarded on 3 March 2014	Dividend Shares	Total Shares exercised	Number of Shares sold	Number of Shares retained
Timon Drakesmith	31,144	1,873	33,017	15,550	17,467
Jean-Philippe Mouton	23,617	1,420	25,037	0	25,037

Following the above transactions, the shareholdings in the Company of the Directors named below are as follows:

Name of Director	Total Shares held beneficially
David Atkins	444,170
Timon Drakesmith	297,651
Jean-Philippe Mouton	265,928

Sarah Booth

General Counsel and Company Secretary

 

END

 

 

RDSEAXDLELKKEFF