21st Jun 2012 15:12
Hammerson plc
Notification of Transactions of Directors
21 June 2012
On 20 June 2012, Hammerson plc (the "Company") was notified of the following transactions in its 25 pence ordinary shares on behalf of Timon Drakesmith, a Director of the Company, in respect of the vesting of a conditional share award of 250,000 shares made to Mr Drakesmith in June 2011 as part of his recruitment terms:
| Number of shares vested | Number of dividend shares accrued | Shares sold | Shares retained |
Timon Drakesmith | 250,000 | 8,478 | 134,679 | 123,799 |
Shares were sold on 20 June 2012 at a price of 431.26 pence per share to cover Income Tax and NIC liability. The retained shares were transferred to Mr Drakesmith's designated nominee account.
This announcement is made in accordance with DTR 3.1.4R.
Catherine Springett
Deputy Company Secretary
Related Shares:
Hammerson