Director/PDMR Shareholding

RNS Number : 6433E

Hammerson PLC

09 May 2017

 

Hammerson plc (the "Company")

Notification of Transaction of Director

9 May 2017

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 2013 under the Hammerson plc 2007 Long Term Incentive Plan (the "LTIP").

On 9 May 2017 the Award vested in the amount shown in the table below, following the assessment of the performance conditions.

Director	Shares awarded 2 April 2013	Total shares vested	Total shares in which an interest is held
J-P Mouton	138,717	90,073	355,775

In accordance with the LTIP rules applicable to the 2013 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 the requirements of the EU Market Abuse Regulation.  The notification of dealing form can be found below.

The announcement above has 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	Jean Philippe Mouton
2	Reason for the notification
a)	Position/status	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	Vesting of a conditional award over 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 90,073
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 90,073 £0.00
e)	Date of the transaction	9 May 2017
f)	Place of the transaction	XLON

 

END

 

 

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