Last checked at 6 Sep 2019 15:15
Hammerson plc (the Company)
Notification of Transaction of Person Discharging Managerial Responsibilities (PDMR)
6 September 2019
A conditional award of ordinary shares of 25 pence each in the Company (the Award) was granted to Jean-Philippe Mouton, a PDMR of the Company, on 26 March 2015 under the Hammerson plc 2007 Long Term Incentive Plan (LTIP). On 1 May 2019 the Award vested in the amount shown in the table below, following the assessment of the performance conditions.
Number of shares awarded | Total shares vested |
65,905 | 40,206 |
In accordance with the LTIP rules applicable to the 2015 awards made to employees of the Company who are resident in France, Mr Mouton's vested shares have been transferred to him.
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing form can be found below.
Julia Crane
Deputy Company Secretary
Tel: +44 (0)20 7887 1000
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.
Notification of dealing form | ||||||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
a) | Name | Jean-Philippe Mouton | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Managing Director, France | ||||||||||||
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 | Transfer of shares following vesting of a conditional award over ordinary shares of 25 pence each under the Hammerson plc 2007 Long Term Incentive Plan | ||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
e) | Date of the transaction | 5 September 2019 | ||||||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||||||