6th Sep 2013 10:12
LONDON (Alliance News) - Hammerson PLC Friday said that 26 shares in the property investor were purchased on behalf of Chief Financial Officer Timon Drakesmith at a price of 483.90 pence per share on Wednesday, under the partnership shares element of the company's share incentive plan.
It also said that in accordance with the terms of its share incentive plan, Drakesmith was awarded two matching shares for each partnership share purchased, meaning he was awarded another 52 shares.
As a result, Drakesmith now owns a total of 176,884 shares in the company.
Hammerson shares were trading at 487.80 pence per share Friday morning, down 0.20 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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