REG - Hammerson PLC - Director/PDMR Shareholding

HammersonAnnouncement

07/06/2024 10:00

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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                                          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 instrument, type of instrument.  Ordinary shares of 5 pence each

     Identification code

                                                                   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                                        Aggregate Price  Aggregate Volume  Aggregate Total

                                                              £0.00            686,498           £0.00
     -     Aggregated volume

     -     Price
 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.  Ordinary shares of 5 pence each

     Identification code

                                                                   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                                        Aggregate Price  Aggregate Volume  Aggregate Total

                                                              £0.2819834       323,788           £91,302.84
     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                       4 June 2024
 f)  Place of the transaction                                      London Stock Exchange (XLON)

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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