Director/PDMR Shareholding

RNS Number : 1051I

Hammerson PLC

06 August 2019

 

Hammerson plc (the 'Company')

Notification of Transaction of Person Discharging Managerial Responsibilities (PDMR)

6 August 2019

The Company was notified on 2 August 2019 that Mark Bourgeois, Managing Director UK and Ireland and a PDMR of the Company, has acquired 23,500 ordinary shares of 25 pence each (Shares) at a price of £2.132 per Share.

The Company has also been notified that further to the award of nil cost options over Shares that was made on 2 May 2017 under the Deferred Bonus Share Scheme, which vested on 2 May 2019, Mark Bourgeois exercised his options on 5 August 2019 and sold Shares to satisfy his Income Tax and National Insurance liabilities as shown in the table below.

Number of Shares awarded	Dividend Shares	Number of Shares exercised	Number of Shares sold to satisfy Income Tax and NIC	Share price £	Number of Shares retained
8,312	889	9,201	4,334	2.061	4,867

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.

 

Michael Pasmore

Assistant Company Secretary

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Mark Bourgeois
2	Reason for the notification
a)	Position/status	Managing Director UK and Ireland
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	Purchase of ordinary shares of 25 pence
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.132 23,500
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £2.132 23,500 £50,102
e)	Date of the transaction	2 August 2019
f)	Place of the transaction	XLON
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	Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 9,201
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £0.00 9,201 £0.00
e)	Date of the transaction	5 August 2019
f)	Place of the transaction	XLON
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	Sale of ordinary shares of 25 pence each
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.061 4,334
d)	Aggregated information -     Aggregated volume -     Price	Aggregate Price Aggregate Volume Aggregate Total £2.061 4,334 £8,932.37
e)	Date of the transaction	5 August 2019
f)	Place of the transaction	XLON

 

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