Holding(s) in Company

RNS Number : 0458O

Hammerson PLC

22 May 2015

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Hammerson plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					X
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Rockcastle Global Real Estate Company Limited
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		21/05/2015
6. Date on which issuer notified:		21/05/2015
7. Threshold(s) that is/are crossed or reached: vi, vii		3%, 4%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Cash settled equity swap with full economic effect for Rockcastle Global Real Estate Company Limited (parent company i.e. no subsidiary has an economic interest)

680.4417

Monthly cash settlement with renewal of instrument but no formal expiry

34 500 000

Nominal

Delta

4.398%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

34 500 000

4.398%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Rockcastle Global Real Estate Company Limited ("Rockcastle parent company") has a long economic interest in Hammerson plc through an equity swap product held with its prime brokers. The interest is now borne completely by the Rockastle parent company and no subsidiary company has any economic interest.
14. Contact name:	Nicholas Matulovich
15. Contact telephone number:	[phone]

 

END

 

 

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