Director/PDMR Shareholding

RNS Number : 5065B

Hammerson PLC

04 April 2017

 

Hammerson plc (the "Company")

Notification of Transactions of Directors

4 April 2017

 

On 3 April 2017, awards over 25 pence ordinary shares in the Company were granted to Executive Directors under the Company's Long Term Incentive Plan (the "LTIP").

 

The awards have been granted as nil cost options to all Executive Directors with the exception of Jean-Philippe Mouton to whom a conditional award of shares has been granted.  The awards are scheduled to vest four years after the date of the award, subject to continued employment with the Company and confirmation that predetermined performance conditions have been satisfied.  Upon vesting, those LTIP awards that have been granted as nil cost options will be exercisable until the conclusion of the seventh anniversary of the grant date; the LTIP award that has been granted as a conditional award of shares will vest on the vesting date.  All awards will accrue dividend shares during the vesting period.

 

The maximum number of shares (excluding dividend shares) over which the awards could potentially vest for each Executive Director is as follows:

 

	Number of shares
D J Atkins	221,593
P W Cole	161,512
N T Drakesmith	161,512
J-P Mouton	129,384

 

The price used to calculate the number of shares awarded was 565.9 pence per share, this being the Company's average closing share price over the five business days from 27 March 2017 to 31 March 2017 inclusive. 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.

Note: the announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.

 

Sarah Booth

General Counsel and Company Secretary

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	David Atkins
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Hammerson plc
b)	LEI	213800G1C9KKVVDN1A60
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code	Ordinary shares of 25 pence each ISIN: GB0004065016
b)	Nature of the transaction	Awards over ordinary shares of 25 pence each in the form of nil cost options under the Hammerson plc 2007 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 221,593
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 221,593 £0.00
e)	Date of the transaction	3 April 2017
f)	Place of the transaction	XLON

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Peter Cole
2	Reason for the notification
a)	Position/status	Chief Investment Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Hammerson plc
b)	LEI	213800G1C9KKVVDN1A60
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code	Ordinary shares of 25 pence each ISIN: GB0004065016
b)	Nature of the transaction	Awards over ordinary shares of 25 pence each in the form of nil cost options under the Hammerson plc 2007 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 161,512
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 161,512 £0.00
e)	Date of the transaction	3 April 2017
f)	Place of the transaction	XLON

 

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Timon Drakesmith
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Hammerson plc
b)	LEI	213800G1C9KKVVDN1A60
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code	Ordinary shares of 25 pence each ISIN: GB0004065016
b)	Nature of the transaction	Awards over ordinary shares of 25 pence each in the form of nil cost options under the Hammerson plc 2007 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 161,512
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 161,512 £0.00
e)	Date of the transaction	3 April 2017
f)	Place of the transaction	XLON

 

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Jean-Philippe Mouton
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Hammerson plc
b)	LEI	213800G1C9KKVVDN1A60
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code	Ordinary shares of 25 pence each ISIN: GB0004065016
b)	Nature of the transaction	Conditional award of ordinary shares of 25 pence each under the Hammerson plc 2007 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 129,384
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 129,384 £0.00
e)	Date of the transaction	3 April 2017
f)	Place of the transaction	XLON

 

END

 

 

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