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
7 March 2018
On 6 March 2018, awards over 25 pence ordinary shares in the Company were granted to
Executive Directors under the Company's Long Term Incentive Plan (LTIP).
The awards have been granted as nil cost options to all Executive Directors with the exception of
Jean-Philippe Mouton to whom a conditional award of shares has been granted. The awards are
scheduled to vest four years after the date of the award, subject to continued employment with
the Hammerson group and confirmation that predetermined performance conditions have been
satisfied. The awards are subject to a holding period which ends on the fifth anniversary of the
date of grant (Holding Period). Following the end of the Holding Period, those LTIP awards that
have been granted as nil cost options will, to the extent they vest, be exercisable until the
conclusion of the seventh anniversary of the grant date; the shares which are subject to the LTIP
award that has been granted as a conditional award of shares will, to the extent it vests, be
delivered at the end of the Holding Period. All awards will accrue dividend shares during the
period from grant until the expiry of the Holding Period.
The maximum number of shares (excluding dividend shares) over which the awards could
potentially vest for each Executive Director is as follows:
Number of shares
D J Atkins 285,587
P W Cole 207,861
N T Drakesmith 207,861
J-P Mouton 173,687
Additionally on 6 March 2018, the Executive Directors were granted the first tranche of deferred
share awards over 25 pence ordinary shares in the Company under the Deferred Bonus Share
Scheme, the deferred bonus element of the Annual Incentive Plan (AIP), as follows:
Number of shares
subject to the
award
D J Atkins 52,900
P W Cole 36,121
N T Drakesmith 38,557
J-P Mouton 32,166
The awards have been made in the form of nil cost options and will vest on the second
anniversary of the grant date on 6 March 2020, subject to continued employment with the
Hammerson group. Upon vesting, the options will remain exercisable until 6 March 2025.
A second tranche of deferred share awards may be made in May 2018 once the vesting of the
Total Property Return measure of the AIP has been calculated.
The price used to calculate the number of shares awarded was 450.30 pence per share, this being
the Company's average closing share price over the five business days from 27 February 2018 to
5 March 2018 inclusive.
This announcement is made in accordance with the requirements of the EU Market Abuse
Regulation. The notification of dealing forms can be found below.
Sarah Booth
General Counsel and Company Secretary
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
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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc 2017
Long Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 285,587
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 285,587 £0.00
e) Date of the transaction 6 March 2018
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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc
Deferred Bonus Share Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 52,900
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 52,900 £0.00
e) Date of the transaction 6 March 2018
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 Peter Cole
2 Reason for the notification
a) Position/status Chief Investment 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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc 2017
Long Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 207,861
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 207,861 £0.00
e) Date of the transaction 6 March 2018
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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc
Deferred Bonus Share Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 36,121
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 36,121 £0.00
e) Date of the transaction 6 March 2018
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 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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc 2017
Long Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 207,861
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 207,861 £0.00
e) Date of the transaction 6 March 2018
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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc
Deferred Bonus Share Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 38,557
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 38,557 £0.00
e) Date of the transaction 6 March 2018
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 Jean-Philippe Mouton
2 Reason for the notification
a) Position/status Executive Director
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 Conditional award of ordinary shares of 25 pence each
under the Hammerson plc 2017 Long Term Incentive
Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 173,687
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 173,687 £0.00
e) Date of the transaction 6 March 2018
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 Awards over ordinary shares of 25 pence each in the
form of nil cost options under the Hammerson plc
Deferred Bonus Share Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 32,166
d) Aggregated information
- Aggregated volume Aggregate Aggregate Aggregate
- Price Price Volume Total
£0.00 32,166 £0.00
e) Date of the transaction 6 March 2018
f) Place of the transaction Outside a trading venue
Date: 07/03/2018 01:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
