Director/PDMR Shareholding
Hammerson PLC announced that Rob Wilkinson, Chief Executive Officer Designate, received share awards totaling 324,234 ordinary shares valued at £3.1366 per share, to compensate for forfeited remuneration from his previous employer. These awards, which are nil-cost options, will vest annually from March 2026 to March 2029 and are consistent with the company's Directors' Remuneration Policy.
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Following the appointment of Rob Wilkinson as Chief Executive Officer Designate on 15 December 2025, and as Chief Executive Officer with effect from 1 January 2026, share awards pursuant to Listing Rule 9.3.2 have been made to Rob over ordinary shares of 5 pence each in Hammerson, to compensate him for remuneration arrangements forfeited on leaving his former employer. As set out in the announcement released on 9 September 2025 confirming Rob's appointment, the forfeited remuneration arrangement subject to the compensatory Hammerson buyout award relates to the annual bonuses (including deferred bonuses) for 2023, 2024, 2025 and 2026 Rob forfeited on leaving his former employer. The awards will vest and become exercisable in March of 2026, 2027, 2028 and 2029 respectively.
The price used to calculate the number of shares awarded was £3.1366 per share, this being the Company's average closing share price over the ten business days from 1 December 2025 to 12 December 2025 inclusive.
All remuneration arrangements are consistent with the terms of the Directors' Remuneration Policy approved by shareholders at the Company's AGM in May 2023.
The following disclosure is made in accordance with UK MAR.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Robert Wilkinson |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer Designate / PDMR |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Hammerson plc |
| b) | LEI | 213800G1C9KKVVDN1A60 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5 pence each ("Shares") ISIN: GB00BRJQ8J25 |
| b) | Nature of the transaction | Awards of nil cost options pursuant to Listing Rule 9.3.2. Performance conditions do not apply to these awards. |
| c) | Price(s) and volume(s) | Price(s) Volume Vesting date £0.00 153,350 15 March 2026 £0.00 86,399 15 March 2027 £0.00 55,792 15 March 2028 £0.00 28,693 15 March 2029 |
| d) | Aggregated information - Aggregated volume - Price | Aggregate Price Aggregate Volume Aggregate Total £0.00 324,234 £0.00 |
| e) | Date of the transaction | 15 December 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.