Hammerson PLC Director/PDMR Shareholding (7600Z)

TIDMHMSO

RNS Number : 7600Z

Hammerson PLC

22 September 2020

Hammerson plc (the Company)

Notification of Transaction of Director

22 September 2020

The Company was notified on 21 September 2020 that Desmond de Beer, a Non-Executive Director of the Company, acquired Letters of Allocation (LoA) on 18 September 2020 over a total of 300,000 ordinary shares of 5 pence each as follows:-

 
 Purchaser*            No of LoAs   Price per LoA(GBP)** 
 Optimprops 3 (Pty) 
  Limited              300,000      0.0418 
                      -----------  --------------------- 
 

* Optimprops 3 (Pty) Limited forms part of a trust structure of which Desmond de Beer is one of the ultimate beneficiaries.

** Price per share based on a GBP/ZAR rate of GBP 1 = ZAR 22.897

Following this transaction, Desmond de Beer has an interest in 0.923% of the total issued share capital of the Company.

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

[phone]

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                               Desmond de Beer 
     ---------------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                    Non-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       Letters of Allocation over ordinary 
       instrument, type of instrument.    shares of 5 pence each 
 
 
       Identification code                ISIN: GB00BMCZL472 
     ---------------------------------  ----------------------------------------- 
 b)   Nature of the transaction          Purchase of Letters of Allocation over 
                                          ordinary shares of 5 pence 
     ---------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s) 
                                           Price(s)      Volume(s) 
                                          ------------  ---------- 
                                           GBP 0.0418    300,000 
                                          ------------  ---------- 
     ---------------------------------  ----------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume              Aggregate    Aggregate   Aggregate 
                                             Price        Volume      Total 
                                           -----------  ----------  ------------- 
        *    Price                          GBP 0.0418   300,000     GBP12,540.00 
                                           -----------  ----------  ------------- 
     ---------------------------------  ----------------------------------------- 
 e)   Date of the transaction            18 September 2020 
     ---------------------------------  ----------------------------------------- 
 f)   Place of the transaction           Johannesburg Stock Exchange 
     ---------------------------------  ----------------------------------------- 
 

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September 22, 2020 09:45 ET (13:45 GMT)