Director/PDMR Shareholding

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Regulatory News | 06 Sep, 2019

Updated : 15:16

RNS Number : 5560L
Hammerson PLC
06 September 2019
 

Hammerson plc (the Company)

Notification of Transaction of Person Discharging Managerial Responsibilities (PDMR)

6 September 2019

 

A conditional award of ordinary shares of 25 pence each in the Company (the Award) was granted to Jean-Philippe Mouton, a PDMR of the Company, on 26 March 2015 under the Hammerson plc 2007 Long Term Incentive Plan (LTIP). On 1 May 2019 the Award vested in the amount shown in the table below, following the assessment of the performance conditions.

 

Number of shares awarded

Total shares vested

65,905

40,206

 

In accordance with the LTIP rules applicable to the 2015 awards made to employees of the Company who are resident in France, Mr Mouton's vested shares have been transferred to him.

 

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

 

 

Julia Crane

Deputy Company Secretary

Tel: +44 (0)20 7887 1000

 

 

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

Jean-Philippe Mouton

2

Reason for the notification

a)

Position/status

Managing Director, France

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 shares following vesting of a conditional award over ordinary shares of 25 pence each under the Hammerson plc 2007 Long Term Incentive Plan

c)

Price(s) and volume(s)





Price(s)

Volume(s)


£0.00

40,206




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total


£0.00

40,206

£0.00

e)

Date of the transaction

5 September 2019

f)

Place of the transaction

Outside a trading venue

 

 


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