RNS Number : 0735Y

Hammerson PLC

03 May 2019

Hammerson plc (the 'Company')

Notification of Transactions of Directors

3 May 2019

Further to the awards of nil cost options over 25p ordinary shares in the Company ('Shares') that were made on 2 May 2017 under the Deferred Bonus Share Scheme ('DBSS'), which vested on 2 May 2019, the Company has been notified that the following Executive Directors of the Company exercised their options on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.

Name of Director	Number of Shares awarded	Dividend Shares	Number of Shares exercised	Number of Shares sold to satisfy Income Tax and NIC	Share price £	Number of Shares retained
David Atkins	18,252	1,951	20,203	9,515	3.164	10,688
Timon Drakesmith	12,466	1,333	13,799	6,499	3.164	7,300

Further to the awards of nil cost options over Shares that were made on 26 March 2015 under the 2007 Long Term Incentive Plan ('LTIP'), which vested following the assessment of performance conditions on 30 April 2019, the Company has been notified that the following Executive Directors of the Company exercised their options on 2 May 2019 and sold Shares to satisfy their Income Tax and National Insurance liabilities.

Name of Director	Number of Shares awarded	Dividend Shares	Number of Shares vested and exercised	Number of Shares sold to satisfy Income Tax and NIC	Share price £	Number of Shares retained
David Atkins	130,901	24,105	79,859	37,609	3.164	42,250
Timon Drakesmith	89,460	16,474	54,577	25,703	3.164	28,874

Mr Drakesmith's retained Shares are being held in the name of his spouse, Mrs D R Drakesmith.

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

Julia Crane

Deputy Company Secretary

Note: 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

David Atkins

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£0.00	100,062

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£0.00	100,062	£0.00

e)

Date of the transaction

2 May 2019

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 instrument, type of instrument.

Identification code

Ordinary shares of 25 pence each

ISIN: GB0004065016

b)

Nature of the transaction

Sale of ordinary shares of 25 pence each

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£3.164	47,124

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£3.164	47,124	£149,100.34

e)

Date of the transaction

2 May 2019

f)

Place of the transaction

XLON

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

/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

Exercise of options over ordinary shares of 25 pence each under the Hammerson plc Deferred Bonus Share Scheme and the Hammerson plc Long Term Incentive Plan

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£0.00	68,376

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£0.00	68,376	£0.00

e)

Date of the transaction

2 May 2019

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 instrument, type of instrument.

Identification code

Ordinary shares of 25 pence each

ISIN: GB0004065016

b)

Nature of the transaction

Sale of ordinary shares of 25 pence each

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£3.164	32,202

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£3.164	32,202	£101,887.13

e)

Date of the transaction

2 May 2019

f)

Place of the transaction

XLON

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 ordinary shares of 25 pence each to spouse

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£0.00	36,174

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£0.00	36,174	£0.00

e)

Date of the transaction

2 May 2019

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

Deborah Rheims Drakesmith

2

Reason for the notification

a)

Position/status

Person Closely Associated with Timon Drakesmith, Chief Financial Officer

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 ordinary shares of 25 pence each from spouse

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
	£0.00	36,174

d)

Aggregated information

-     Aggregated volume

-     Price

	Aggregate Price	Aggregate Volume	Aggregate Total
	£0.00	36,174	£0.00

e)

Date of the transaction

2 May 2019

f)

Place of the transaction

Outside a trading venue

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