1st Apr 2005 11:22
Hammerson PLC01 April 2005 Notification of Directors Interests Part of the annual performance related bonus of Executive Directors of Hammersonplc is payable in ordinary shares in the Company. Following the grant of shareson 1 March 2005 in respect of the bonus payable for 2004, the interests of theExecutive Directors is now as follows: Shares acquired Total holding R J G Richards 3,939 29,538J A Bywater 2,346 11,662P W B Cole 2,489 16,959G Devaux 1,575 12,007S R Melliss 2,762 19,394 The number of shares acquired was calculated by reference to the mid-marketclosing price of 856.5 pence on 1 March 2005. On 8 March 2005 allocations of shares by way of the grant of nil cost optionswere made, in accordance with the terms of the Deferred Share Plan, to executivedirectors and senior executives of Hammerson plc. These options may beexercised after a period of three years with the number of shares over whichsuch options can be exercised being dependent on the level of achievement ofperformance targets over that period. The maximum number of shares over whichan option can be exercised in respect of the grant made on 8 March 2005 and thetotal maximum number of shares in respect of this and previous grants made in2002, 2003 and 2004 by the following Executive Directors are as follows: Grant on 8.3.05 Total on 8.3.05 R J G Richards 46,685 213,290J A Bywater 26,600 124,229P W B Cole 28,771 128,549G Devaux 27,685 133,615S R Melliss 32,571 156,253 For further information: Stuart HaydonCompany Secretary020 7887 1000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Hammerson