HAMMERSON PLC - TR-1: Notification of major interest in shares

Release Date: 16/01/2017 17:15
Code(s): HMN
 
Wrap Text
TR-1: Notification of major interest in shares

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

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                              Hammerson PLC
attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the
                                                                                                        X
acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments

An event changing the breakdown of voting rights

Other (please
specify):


3. Full name of person(s) subject to the           Morgan Stanley (Institutional Securities Group and Global
notification obligation: iii                                        Wealth Management)




4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or                                        11.01.2017
reached: v

6. Date on which issuer notified:                                        13.01.2017
7. Threshold(s) that is/are crossed or
                                         5%*
reached: vi, vii
8. Notified details:
                                      viii, ix
A: Voting rights attached to shares
Class/type of          Situation previous              Resulting situation after the triggering transaction
shares                 to the triggering
                       transaction
if possible using      Number          Number          Number          Number of voting              % of voting rights
                                                                                                     x
the ISIN CODE          of              of              of shares       rights
                       Shares          Voting                                 xi     Indirect
                                                       Direct          Direct        xii             Direct      Indirect
                                       Rights
GB0004065016           5,003,105       5,003,105       1,272,131       1,272,131                     0.16%




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial           Expiration           Exercise/            Number of voting               % of voting
                                 xiii
instrument                  date                 Conversion           rights that may be             rights
                                                        xiv
                                                 Period               acquired if the
                                                                      instrument is
                                                                      exercised/ converted.
Right of recall over               N/A                  N/A                   39,470,501                      4.98%
securities lending
agreements



                                                                                                 xv, xvi
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction
                                                                                                                       xix,
Type of financial      Exercise   Expiration       Exercise/       Number of voting rights      % of voting rights
                                       xvii                                                     xx
instrument             price      date             Conversion      instrument refers to
                                                          xviii
                                                   period
                                                                                                 Nominal           Delta

Call Option (Cash
                        569.20     20.01.2017          N/A                 129,579                   N/A           0.02%
Settled)


Call Option (Cash
                        557.50     17.02.2017          N/A                 166,440                   N/A           0.02%
Settled)

Total (A+B+C)

Number of voting rights                                      Percentage of voting rights
41,038,651                                                   5.17%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square,
Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 40,897,030 voting
rights (5.16%) and is a subsidiary of Morgan Stanley Investments (UK)

Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London, E14 4AD, UNITED
KINGDOM. is an indirect holder of 40,897,030 voting rights (5.16%) and is a subsidiary of
Morgan Stanley UK Group

Morgan Stanley UK Group, 25 Cabot Square, LNCS/5, Canary Wharf, London, E14 4QA,
UNITED KINGDOM. is an indirect holder of 40,897,030 voting rights (5.16%) and is a subsidiary
of Morgan Stanley International Limited

Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA,
UNITED KINGDOM. is an indirect holder of 40,897,030 voting rights (5.16%) and is a subsidiary
of Morgan Stanley International Holdings Inc.

Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE),
Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect
holder of 40,897,030 voting rights (5.16%) and is a subsidiary of Morgan Stanley



Proxy Voting:
10. Name of the proxy holder:
                                                               N/A


11. Number of voting rights proxy holder will cease
                                                               N/A
to hold:

12. Date on which proxy holder will cease to hold
                                                               N/A
voting rights:



                                               Morgan Stanley's total holding in Hammerson PLC
13. Additional information:                    remains above the 5.00% threshold previously disclosed,
                                               however, this notification is being made on the basis that
                                               the holding in sections 8(b)+8(c) has crossed a relevant
                                               threshold in their own right at the component level.

14. Contact name:                              Craig Horsley


15. Contact telephone number:                  +44 141 245-7736
For further information contact:

Sarah Booth
General Counsel and Company Secretary
Tel: +44 (0)20 7887 1000

Hammerson has its primary listing on the London Stock Exchange and a secondary inward
listing on the Johannesburg Stock Exchange.
Joint Sponsors:
Deutsche Securities (SA) Proprietary Limited
Java Capital

16 January 2017

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