Director/PDMR Shareholding

RNS Number : 2811Z

Hammerson PLC

13 March 2012

 



Hammerson plc

Notification of Transactions of Directors

13 March 2012

On 12 March 2012 the Executive Directors of Hammerson plc (the "Company") were granted deferred awards over the Company's 25 pence ordinary shares in accordance with the terms of the Company's Annual Incentive Plan.  The deferred share awards are made in respect of performance for the 2011 financial year:

	Shares awarded
D J Atkins	59,635
P W B Cole	43,849
N T Drakesmith	35,023

The awards will vest on the second anniversary of the grant date on 12 March 2014, subject to continued employment with the Hammerson group.

The price used to calculate the number of shares awarded was 406.30 pence per share, this being the Company's average closing share price over a 3-day period from 7 March 2012 to 9 March 2012 inclusive.

This announcement is made in accordance with DTR 3.1.4R.

Sarah Booth

General Counsel and Company Secretary

 

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