PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER Rules 8.1 and 8.2 of the Takeover Code (the Code ) 1. KEY INFORMATION FORM 8 (OPD) (a) Full name of discloser: (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree (d) Is the discloser the offeror or the offeree? (e) position held: The latest practicable date prior to the disclosure (f) In addition to the company in 1(c) above, is the discloser making disclosures in any other party to the offer? If it is a cash offer or possible cash offer, state N/A Hammerson plc Offeror - Hammerson plc OFFEROR 18 DECEMBER 2017 YES If YES, specify which: Intu Properties plc 2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates Class of relevant security: N/A Interests Short positions Number % Number % (1) Relevant securities owned N/A - N/A - and/or controlled: (2) Cash-settled derivatives: N/A - N/A - (3) Stock-settled derivatives (including s) and agreements to purchase/sell: TOTAL: N/A - N/A - N/A - N/A - All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded s), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: N/A N/A 3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE Details of any interests, short positions and rights to subscribe (including directors and other employee s) of any person acting in concert with the party to the offer making the disclosure: a) Beneficial holdings of the Directors of Hammerson plc and their close relatives in its ordinary shares Name shares Percentage of issued share capital David Tyler 60,000 0.0076% Margaret Fingerhut (spouse 0.0003% of David Tyler) 2,370 David Atkins 378,511 0.0477% Susan Louise Atkins 0.0296% (spouse of David Atkins) 235,088 Martin Wellsbury (Father of 0.0001% spouse of David Atkins) 1,000 Timon Drakesmith 256,338 0.0323% Deborah Rheims 0.0201% Drakesmith (spouse of Timon Drakesmith) 159,523 Peter Cole 324,778 0.0409% Jean-Philippe Mouton 308,758 0.0389% Terry Duddy 40,000 0.0050% Melanie Duddy (spouse of 0.0013% Terry Duddy) 10,000 Pierre Bouchut 20,279 0.0026% Gwyn Burr 5,182 0.0007% Andrew Formica 22,000 0.0028% Judy Gibbons 4,115 0.0005% b) Interests held by Directors of Hammerson plc under its share plans David Atkins: Incentive Plan which s 120,145 1 April 2014 142,168 26 March 2015 219,359 24 March 2016 period 2022 March March
Deferred Bonus Share Sharesave 224,974 3 April 2017 48,950 1 March 2016 21,700 27 April 2016 37,213 1 March 2017 18,530 2 May 2017 2,102 24 March 2016 765 23 March 2017 April April May 2019 October 2019 May October 4.28 4.70 Timon Drakesmith: Incentive Plan Deferred Bonus Share which s 82,108 1 April 2014 97,160 26 March 2015 149,914 24 March 2016 163,976 3 April 2017 33,453 1 March 2016 14,831 27 April 2016 27,187 1 March 2017 12,656 2 May 2017 Sharesave 765 23 March 2017 Peter Cole: period 2022 March March April April May October 4.70 which s period Incentive Plan 97,770 2 April 2013 87,542 1 April 2014 103,589 26 March 2015 159,834 24 March 2016 163,976 3 April 2017 April 2017 April 2022 March March April April
Deferred Bonus Share Sharesave 53,224 12 March 2012 67,560 11 March 2013 2,577 3 March 2014 35,667 1 March 2016 15,812 27 April 2016 27,119 1 March 2017 13,503 2 May 2017 3,504 23 March 2016 765 23 March 2017 March 2014 March 2019 March 2015 March March 2016 March May October May October 4.28 4.70 Jean-Philippe Mouton: Incentive Plan 12 which conditional awards Award 67,858 1 April 2014 Nil 78,895 26 March 2015 Nil 118,734 24 March 2016 Nil 131,358 3 April 2017 Nil which s period Deferred Bonus Share 26,082 1 March 2016 11,498 27 April 2016 21,702 1 March 2017 10,687 2 May 2017 1 Incentive Plan awards to Jean-Philippe Mouton are in the form of conditional awards of free shares. 2 In the case of awards made to Jean-Philippe Mouton under the Incentive Plan, the award shares vest as soon as it has been determined that certain performance conditions have been satisfied.
c) Interests of connected advisers of Hammerson plc in Hammerson plc JPMorgan Chase Bank, N.A. (Custody): Class of relevant security Relevant securities owned and/or controlled Ordinary shares Interests Short Positions Number % Number % 82 0.00001% - - Deutsche Bank Aktiengesellschaft, Filiale Johannesburg: Class of relevant security Cash settled equity swap Ordinary shares Interests Short Positions Number % Number % 611,604 0.07710% 611,604 0.07710% Details of any open stock-settled derivative positions (including traded s), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state none None (b) Agreements, arrangements or understandings relating to s or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any ; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state none None
(c) Attachments Are any Supplemental Forms attached? Supplemental Form 8 (Open Positions) Supplemental Form 8 (SBL) NO NO of disclosure: 19 December 2017 Contact name: Sarah Booth Telephone number: 44 (0) 20 7887 1000 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel s Market Surveillance Unit is available for consultation in relation to the Code s disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel s website at www.thetakeoverpanel.org.uk. The announcement above has been released on the SENS system of the Johannesburg Stock Exchange.