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HAMMERSON PLC - Notification of transactions of Directors

Release Date: 03/05/2019 15:15
Code(s): HMN     PDF:  
 
Wrap Text
Notification of transactions of Directors

Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE share code: HMSO JSE share code: HMN
ISIN: GB0004065016
(“Hammerson” or “the Company”)

Notification of Transactions of Directors
3 May 2019


Further to the awards of nil cost options over 25p ordinary shares in the Company (‘Shares’) that were made
on 2 May 2017 under the Deferred Bonus Share Scheme (‘DBSS’), which vested on 2 May 2019, the
Company has been notified that the following Executive Directors of the Company exercised their options
on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.

                                                           Number of
                                                           Shares
                     Number of                Number of    sold to                Number of
 Name of                           Dividend                             Share
                     Shares                   Shares       satisfy                Shares
 Director                          Shares                               price £
                     awarded                  exercised    Income                 retained
                                                           Tax and
                                                           NIC
 David Atkins          18,252        1,951      20,203       9,515      3.164      10,688
 Timon
 Drakesmith            12,466        1,333      13,799       6,499      3.164       7,300
 

Further to the awards of nil cost options over Shares that were made on 26 March 2015 under the 2007 Long
Term Incentive Plan (‘LTIP’), which vested following the assessment of performance conditions on 30 April
2019, the Company has been notified that the following Executive Directors of the Company exercised their
options on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.

 Name of             Number of     Dividend   Number of    Number of    Share     Number of
 Director            Shares        Shares     Shares       Shares       price £   Shares
                     awarded                  vested and   sold to                retained
                                              exercised    satisfy
                                                           Income
                                                           Tax and
                                                           NIC
 David Atkins          130,901       24,105     79,859       37,609     3.164       42,250
 Timon                 89,460        16,474     54,577       25,703     3.164       28,874
 Drakesmith

Mr Drakesmith’s retained Shares are being held in the name of his spouse, Mrs D R Drakesmith.

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The
notification of dealing forms can be found below.


Julia Crane
Deputy Company Secretary


Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing
on the Johannesburg Stock Exchange.

Sponsor:
Investec Bank Limited


 Notification of dealing form
1    Details of the person discharging managerial responsibilities / person closely
     associated
a)   Name                                  David Atkins
2    Reason for the notification
a)   Position/status                       Chief Executive Officer
b)   Initial notification                  Initial notification
     /Amendment
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          Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               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 and the Hammerson plc Long Term Incentive
                                       Plan
c)   Price(s) and volume(s)
                                           Price(s)                Volume(s)
                                           £0.00                   100,062


d)   Aggregated information
     - Aggregated volume                   Aggregate        Aggregate       Aggregate
     - Price                               Price            Volume          Total
                                           £0.00            100,062         £0.00



e)   Date of the transaction           2 May 2019


f)   Place of the transaction          Outside a trading venue

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          Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               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)
                                           £3.164                  47,124


d)   Aggregated information
     - Aggregated volume                   Aggregate        Aggregate       Aggregate
     - Price                               Price            Volume          Total
                                           £3.164           47,124          £149,100.34



e)   Date of the transaction           2 May 2019


f)   Place of the transaction          XLON
Notification of dealing form
1    Details of the person discharging managerial responsibilities / person closely
     associated
a) Name                                    Timon Drakesmith
2    Reason for the notification
a) Position/status                         Chief Financial Officer
b) Initial notification                    Initial notification
     /Amendment
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            Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               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 and the Hammerson plc Long Term Incentive
                                       Plan
c)   Price(s) and volume(s)
                                           Price(s)                Volume(s)
                                           £0.00                   68,376


d)   Aggregated information
     - Aggregated volume                   Aggregate        Aggregate       Aggregate
     - Price                               Price            Volume          Total
                                           £0.00            68,376          £0.00



e)   Date of the transaction           2 May 2019


f)   Place of the transaction          Outside a trading venue

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          Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               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)
                                           £3.164                  32,202


d)   Aggregated information
     - Aggregated volume                   Aggregate        Aggregate       Aggregate
     - Price                               Price            Volume          Total
                                           £3.164           32,202          £101,887.13
e)   Date of the transaction           2 May 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          Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               ISIN: GB0004065016
b)   Nature of the transaction         Transfer of ordinary shares of 25 pence each to spouse

c)   Price(s) and volume(s)
                                            Price(s)                 Volume(s)
                                            £0.00                    36,174


d)   Aggregated information
     - Aggregated volume                    Aggregate        Aggregate        Aggregate
     - Price                                Price            Volume           Total
                                            £0.00            36,174           £0.00



e)   Date of the transaction           2 May 2019


f)   Place of the transaction          Outside a trading venue




Notification of dealing form

1    Details of the person discharging managerial responsibilities / person closely
     associated
a) Name                                    Deborah Rheims Drakesmith
2    Reason for the notification
a) Position/status                         Person Closely Associated with Timon Drakesmith, Chief
                                           Financial Officer
b) Initial notification                    Initial notification
     /Amendment
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            Ordinary shares of 25 pence each
     instrument, type of instrument.

     Identification code               ISIN: GB0004065016
b)   Nature of the transaction         Transfer of ordinary shares of 25 pence each from
                                       spouse
c)   Price(s) and volume(s)
                                            Price(s)                 Volume(s)
                                            £0.00                    36,174
d)   Aggregated information
     - Aggregated volume            Aggregate      Aggregate   Aggregate
     - Price                        Price          Volume      Total
                                    £0.00          36,174      £0.00



e)   Date of the transaction    2 May 2019


f)   Place of the transaction   Outside a trading venue

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