Form 8 (OPD) Interests in Hammerson plc

RNS Number : 8283Z

Hammerson PLC

19 December 2017

 

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Hammerson plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Offeror - Hammerson plc
(d) Is the discloser the offeror or the offeree?	OFFEROR
(e) Date position held:      The latest practicable date prior to the disclosure	18 DECEMBER 2017
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES If YES, specify which: Intu Properties plc

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	N/A
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	N/A	-	N/A	-
(2) Cash-settled derivatives:	N/A	-	N/A	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	N/A	-	N/A	-
TOTAL:	N/A	-	N/A	-

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

a)   Beneficial holdings of the Directors of Hammerson plc and their close relatives in its ordinary shares Name Number of shares Percentage of issued share capital David Tyler 60,000 0.0076% Margaret Fingerhut (spouse of David Tyler) 2,370 0.0003% David Atkins 378,511 0.0477% Susan Louise Atkins (spouse of David Atkins) 235,088 0.0296% Martin Wellsbury (Father of spouse of David Atkins) 1,000 0.0001% Timon Drakesmith 256,338 0.0323% Deborah Rheims Drakesmith (spouse of Timon Drakesmith) 159,523 0.0201% Peter Cole 324,778 0.0409% Jean-Philippe Mouton 308,758 0.0389% Terry Duddy 40,000 0.0050% Melanie Duddy (spouse of Terry Duddy) 10,000 0.0013% Pierre Bouchut 20,279 0.0026% Gwyn Burr 5,182 0.0007% Andrew Formica 22,000 0.0028% Judy Gibbons 4,115 0.0005% b)   Interests held by Directors of Hammerson plc under its share plans David Atkins: Name of Scheme Number of shares in respect of which options granted Original Grant Date Exercise period Exercise Price Long Term Incentive Plan 120,145 1 April 2014 April 2018 - April 2021 Nil cost option 142,168 26 March 2015 March 2019 - March 2022 Nil cost option 219,359 24 March 2016 March 2020 - March 2023 Nil cost option 224,974 3 April 2017 April 2021 - April 2024 Nil cost option Deferred Bonus Share Scheme 48,950 1 March 2016 March 2018 - March 2023 Nil cost option 21,700 27 April 2016 April 2018 - April 2023 Nil cost option 37,213 1 March 2017 March 2019 - March 2024 Nil cost option 18,530 2 May 2017 May 2019 - May 2024 Nil cost option Sharesave 2,102 24 March 2016 May 2019 - October 2019 £4.28 765 23 March 2017 May 2020 - October 2020 £4.70 Timon Drakesmith: Name of Scheme Number of shares in respect of which options granted Original Grant Date Exercise period Exercise Price Long Term Incentive Plan 82,108 1 April 2014 April 2018 - April 2021 Nil cost option 97,160 26 March 2015 March 2019 - March 2022 Nil cost option 149,914 24 March 2016 March 2020 - March 2023 Nil cost option 163,976 3 April 2017 April 2021 - April 2024 Nil cost option Deferred Bonus Share Scheme 33,453 1 March 2016 March 2018 - March 2023 Nil cost option 14,831 27 April 2016 April 2018 - April 2023 Nil cost option 27,187 1 March 2017 March 2019 - March 2024 Nil cost option 12,656 2 May 2017 May 2019 - May 2024 Nil cost option Sharesave 765 23 March 2017 May 2020 - October 2020 £4.70 Peter Cole: Name of Scheme Number of shares in respect of which options granted Original Grant Date Exercise period Exercise Price Long Term Incentive Plan 97,770 2 April 2013 April 2017 - April 2020 Nil cost option 87,542 1 April 2014 April 2018 - April 2021 Nil cost option 103,589 26 March 2015 March 2019 - March 2022 Nil cost option 159,834 24 March 2016 March 2020 - March 2023 Nil cost option 163,976 3 April 2017 April 2021 - April 2024 Nil cost option Deferred Bonus Share Scheme 53,224 12 March 2012 March 2014 - March 2019 Nil cost option 67,560 11 March 2013 March 2015 - March 2020 Nil cost option 2,577 3 March 2014 March 2016 -March 2021 Nil cost option 35,667 1 March 2016 March 2018 - March 2023 Nil cost option 15,812 27 April 2016 April 2018 - April 2023 Nil cost option 27,119 1 March 2017 March 2019 - March 2024 Nil cost option 13,503 2 May 2017 May 2019 - May 2024 Nil cost option Sharesave 3,504 23 March 2016 May 2021 - October 2021 £4.28 765 23 March 2017 May 2020 - October 2020 £4.70 Jean-Philippe Mouton: Name of Scheme Number of shares in respect of which conditional awards granted Original Grant Date Award Price Long Term Incentive Plan12 67,858 1 April 2014 Nil 78,895 26 March 2015 Nil 118,734 24 March 2016 Nil 131,358 3 April 2017 Nil Name of Scheme Number of shares in respect of which options granted Original Grant Date Exercise period Exercise Price Deferred Bonus Share Scheme 26,082 1 March 2016 March 2018 - March 2023 Nil cost option 11,498 27 April 2016 April 2018 - April 2023 Nil cost option 21,702 1 March 2017 March 2019 - March 2024 Nil cost option 10,687 2 May 2017 May 2019 - May 2024 Nil cost option 1 Long Term Incentive Plan awards granted to Jean-Philippe Mouton are in the form of conditional awards of free shares. 2  In the case of awards made to Jean-Philippe Mouton under the Long Term Incentive Plan, the award shares vest as soon as it has been determined that certain performance conditions have been satisfied. c)   Interests of connected advisers of Hammerson plc in Hammerson plc JPMorgan Chase Bank, N.A. (Custody): Class of relevant security Ordinary shares Interests Short Positions Number % Number % Relevant securities owned and/or controlled 82 0.00001% - - Deutsche Bank Aktiengesellschaft, Filiale Johannesburg: Class of relevant security Ordinary shares Interests Short Positions Number % Number % Cash settled equity swap 611,604 0.07710% 611,604 0.07710%

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	19 December 2017
Contact name:	Sarah Booth
Telephone number:	44 (0) 20 7887 1000

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

The announcement above has been released on the SENS system of the Johannesburg Stock Exchange.

 

END

 

 

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