"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."
That is all.
So it was "join our company, and here's about £1-million to oil the wheels..."
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