HAMMERSON PLC - TR-1: Standard form for notification of major holdings

Release Date: 04/02/2019 13:00
Code(s): HMN
 
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TR-1: Standard form for notification of major holdings

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: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)i

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                                  Hammerson Plc
attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an “X”)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments                                                                X

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv
Name                                                                                      JPMorgan Chase & Co.
City and country of registered office (if applicable)                                 Wilmington, Delaware, USA

4. Full name of shareholder(s) (if different from 3.)v
                                                                                      J.P. Morgan Securities plc
                                                                                     J.P. Morgan Securities LLC
Name
                                                                J.P. Morgan Equities South Africa Proprietary Ltd
                                                                     JPMorgan Chase Bank, National Association
City and country of registered office (if applicable)                                    London, United Kingdom

5. Date on which the threshold was crossed or
                                                                                                30 January 2019
reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):                                                  01 February 2019

7. Total positions of person(s) subject to the notification obligation

                             % of voting rights    % of voting rights      Total of both in %   Total number of
                             attached to shares   through financial in-       (8.A + 8.B)       voting rights of
                            (total of 8. A)                struments                                       issuervii
                                                    (total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which
threshold was
                                0.13%                        5.21%                       5.34 %               766,352,172
crossed or reached
Position of previous
notification (if                0.37%                        4.94%                       5.31 %
applicable)

 8. Notified details of the resulting situation on the date on which the threshold was crossed or
 reachedviii
 A: Voting rights attached to shares
 Class/type of             Number of voting rightsix                            % of voting rights
 shares
 ISIN code (if possible)          Direct                   Indirect                      Direct                    Indirect
                              (Art 9 of Directive      (Art 10 of Directive          (Art 9 of Directive      (Art 10 of Directive
                           2004/109/EC) (DTR5.1)         2004/109/EC)             2004/109/EC) (DTR5.1)         2004/109/EC)
                                                           (DTR5.2.1)                                             (DTR5.2.1)

   GB0004065016                                            998,091                                                 0.13%




 SUBTOTAL 8. A                                 998,091                                                0.13%



 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
                                                                              Number of voting rights
 Type of financial         Expiration         Exercise/                       that may be acquired if
                                                                                                           % of voting rights
 instrument                datex              Conversion Periodxi             the instrument is
                                                                              exercised/converted.
  Physically Settled
                           05/02/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           12/02/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           19/02/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           26/02/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           05/03/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           12/03/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           19/03/2019         Call: 7.864, Put: 5.243                 739,705                      0.10%
  Call or Put Option*
  Physically Settled
                           15/06/2020         Call: 7.864, Put: 5.243                 600,000                      0.08%
  Call or Put Option*
  Physically Settled
                           22/06/2020         Call: 7.864, Put: 5.243                 600,000                      0.08%
  Call or Put Option*
  Physically Settled
                           29/06/2020         Call: 7.864, Put: 5.243                 600,000                      0.08%
  Call or Put Option*
Physically Settled
                      06/07/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      13/07/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      20/07/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      27/07/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      03/08/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      10/08/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      17/08/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      24/08/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      28/08/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      07/09/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      14/09/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      21/09/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      28/09/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      05/10/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      12/10/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      19/10/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      26/10/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      02/11/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      09/11/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      16/11/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      23/11/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      30/11/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      07/12/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      14/12/2020   Call: 7.864, Put: 5.243   600,000   0.08%
Call or Put Option*
Physically Settled
                      21/12/2020   Call: 7.479, Put: 4.986   600,000   0.08%
Call or Put Option*
Physically Settled
                      29/12/2020   Call: 7.479, Put: 4.986   600,000   0.08%
Call or Put Option*
Physically Settled
                      04/01/2021   Call: 7.479, Put: 4.986   600,000   0.08%
Call or Put Option*
Physically Settled
                        11/01/2021     Call: 7.479, Put: 4.986            600,000                0.08%
Call or Put Option*
Physically Settled
                        18/01/2021     Call: 7.479, Put: 4.986            600,000                0.08%
Call or Put Option*
Physically Settled
                        25/01/2021     Call: 7.479, Put: 4.986            600,000                0.08%
Call or Put Option*
Physically Settled
                        01/02/2021     Call: 7.479, Put: 4.986            600,000                0.08%
Call or Put Option*
Physically Settled
                        08/02/2021     Call: 7.479, Put: 4.986            600,000                0.08%
Call or Put Option*
Right of Recall                    n/a n/a                                 5,000                 0.00%

                                       SUBTOTAL 8. B 1                26,182,935                 3.42%

     * Please note that either a call or a put option (but not both) can be exercised upon maturity,
     depending on the share price of Hammerson Plc.

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
                                         Exercise/
Type of financial     Expiration                       Physical or cash      Number of
                                        Conversion                                          % of voting rights
  instrument            datex                            settlementxii      voting rights
                                         Period xi
 Cash-settled
                      25/02/2019        25/02/2019           Cash            3,977,750           0.52%
 Equity Swap
 Cash-settled
                      08/03/2019        08/03/2019           Cash            2,250,000           0.29%
 Equity Swap
 Cash-settled
                      12/04/2019        12/04/2019           Cash             54,792             0.01%
 Equity Swap
 Cash-settled
                      18/04/2019        18/04/2019           Cash              9,334             0.00%
 Equity Swap
 Cash-settled
                      24/04/2019        24/04/2019           Cash            1,250,000           0.16%
 Equity Swap
 Cash-settled
                      02/05/2019        02/05/2019           Cash            2,133,000           0.28%
 Equity Swap
 Cash-settled
                      05/06/2019        05/06/2019           Cash             21,663             0.00%
 Equity Swap
 Cash-settled
                      12/06/2019        12/06/2019           Cash              7,135             0.00%
 Equity Swap
 Cash-settled
                      17/07/2019        17/07/2019           Cash              6,232             0.00%
 Equity Swap
 Cash-settled
                      19/07/2019        19/07/2019           Cash                  463           0.00%
 Equity Swap
 Cash-settled
                      22/08/2019        22/08/2019           Cash              3,000             0.00%
 Equity Swap
 Cash-settled
                      23/09/2019        23/09/2019           Cash             10,755             0.00%
 Equity Swap
 Cash-settled
                      02/10/2019        02/10/2019           Cash              1,531             0.00%
 Equity Swap
 Cash-settled
                      13/12/2019        13/12/2019           Cash             139,018            0.02%
 Equity Swap
 Cash-settled
                      30/12/2019        30/12/2019           Cash              5,568             0.00%
 Equity Swap
   Cash-settled
                         06/01/2020           06/01/2020               Cash                 9,698                 0.00%
   Equity Swap
   Cash-settled
                         15/01/2020           15/01/2020               Cash              2,145,395                0.28%
   Equity Swap
   Cash-settled
                         13/02/2020           13/02/2020               Cash                25,372                 0.00%
   Equity Swap
   Cash-settled
                         17/02/2020           17/02/2020               Cash              1,076,079                0.14%
   Equity Swap
   Cash-settled
                         18/02/2020           18/02/2020               Cash                 2,287                 0.00%
   Equity Swap
   Cash-settled
                         26/02/2020           26/02/2020               Cash                 4,062                 0.00%
   Equity Swap
   Cash-settled
                         03/03/2020           03/03/2020               Cash                  248                  0.00%
   Equity Swap
   Cash-settled
                         01/05/2020           01/05/2020               Cash                15,093                 0.00%
   Equity Swap
   Cash-settled
                         26/05/2020           26/05/2020               Cash                22,216                 0.00%
   Equity Swap
   Cash-settled
                         08/02/2023           08/02/2023               Cash               575,374                 0.08%
   Equity Swap
   Cash-settled
                         21/12/2023           21/12/2023               Cash                  163                  0.00%
   Equity Swap
                                                                    SUBTOTAL
                                                                      8.B.2
                                                                                        13,746,228                1.79%



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv      X
(please add additional rows as necessary)
                                                                    % of voting rights
                                 % of voting rights if it                                            Total of both if it
                                                                  through financial in-
                                  equals or is higher                                               equals or is higher
          Namexv                                                  struments if it equals
                                  than the notifiable                                               than the notifiable
                                                                  or is higher than the
                                       threshold                                                        threshold
                                                                   notifiable threshold
JPMorgan Chase & Co.
JPMorgan Chase Bank,
National Association
J.P. Morgan Internation-
al Finance Limited
J.P. Morgan Capital
Holdings Limited
J.P. Morgan Securities
                                                                            5.21%                           5.34%
plc


JPMorgan Chase & Co.
JPMorgan Chase Bank,
National Association
JPMorgan Chase & Co.
JPMorgan Chase Bank,
National Association
J.P. Morgan Internation-
al Finance Limited
J.P. Morgan EU Capital
Holdings Limited
J.P. Morgan EU Hold-
ings Limited
J.P. Morgan Equities
South Africa Proprietary
Limited


JPMorgan Chase & Co.
JPMorgan Chase Hold-
ings LLC
J.P. Morgan Broker-
Dealer Holdings Inc.
J.P. Morgan Securities
LLC
10. In case of proxy voting, please identify:
Name of the proxy holder                                 N/A

The number and % of voting rights held                   N/A

The date until which the voting rights will be held      N/A



11. Additional informationxvi

Table 8A) Includes stock borrows of 20,646,368 (2.69%)

Chain of controlled undertakings:

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)

JPMorgan Chase & Co. (100%)
JPMorgan Chase Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)
 Place of completion                                                             London, United Kingdom

 Date of completion                                                                     01 February 2019


For further information contact:


Verity Pickard
Assistant 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.


Sponsor:
Investec Bank Limited

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