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Pin to quick picksHammerson Regulatory News (HMSO)

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Director/PDMR Shareholding

7 Jun 2024 10:00

RNS Number : 4963R
Hammerson PLC
07 June 2024
 

Hammerson plc (the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

7 June 2024

 

This notification relates to an award of Restricted Shares over 5p ordinary shares in the Company (Shares) that was made to Harry Badham, a PDMR of the Company, on 1 June 2021 under the Hammerson plc Restricted Share Plan (RSP) (Award). In accordance with the default rules of the RSP, the Award vested on 1 June 2024 and the relevant Shares were subsequently released to the PDMR on 4 June 2024. A portion of these Shares were then sold automatically to cover the tax liability in respect of the Award, in accordance with the default rules of the RSP.

 

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

 

Notification of dealing form

1

Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Harry Badham

2

Reason for the notification

a)

Position/status

Chief Development and Asset Repositioning Officer (PDMR)

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 5 pence each

 

 

ISIN: GB00BK7YQK64

b)

Nature of the transaction

i) Vesting of award over ordinary shares under the Hammerson plc Restricted Share Plan and ii) release of resulting ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

686,498

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

£0.00

686,498

£0.00

e)

Date of the transactions

i) 1 June 2024

ii) 4 June 2024

f)

Place of the transaction

Outside a trading venue

5

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 5 pence each

 

 

ISIN: GB00BK7YQK64

b)

Nature of the transaction

Automatic sale of ordinary shares of 5 pence each to cover tax arising on the vesting of an award under the Hammerson plc Restricted Share Plan, in accordance with the Rules of that plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.2819834

323,788

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

£0.2819834

323,788

£91,302.84

e)

Date of the transaction

4 June 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

Richard Crowle

Senior Assistant Company Secretary

+44 (0) 20 7887 1000

 

This announcement has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.

 

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