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3 May 2019 14:15
Hammerson plc (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.
Name of Director | 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 |
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 Director | Number of Shares awarded | Dividend Shares | Number of Shares vested and exercised | Number of Shares sold to satisfy Income Tax and NIC | Share price £ | Number of Shares retained |
David Atkins | 130,901 | 24,105 | 79,859 | 37,609 | 3.164 | 42,250 |
Timon Drakesmith | 89,460 | 16,474 | 54,577 | 25,703 | 3.164 | 28,874 |
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
Note: 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 | David Atkins | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Chief Executive Officer | ||||||||||||
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 | 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) |
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d) | Aggregated information - Aggregated volume - Price |
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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 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
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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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 /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 | 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) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
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 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) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
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 instrument, type of instrument.
Identification code | Ordinary shares of 25 pence each
ISIN: GB0004065016 | ||||||||||||
b) | Nature of the transaction | Transfer of ordinary shares of 25 pence each to spouse
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c) | Price(s) and volume(s) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
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 /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 ordinary shares of 25 pence each from spouse | ||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
e) | Date of the transaction | 2 May 2019 | ||||||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||||||
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