Last checked at 20 Mar 2017 08:04
Directors' Share Dealing
London: Monday, March 20, 2017: Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) has received notifications that:-
1. Mr Paul Carter, Independent Non-executive Director, purchased a total of 2,800 ordinary shares of US$1.00 each in the capital of Chi-Med ("Ordinary Shares") at a price of GBP26.37 per share on March 15, 2017;
2. Dr Dan Eldar, Non-executive Director, purchased a total of 6,225 American Depositary Shares of the Company ("ADSs", each representing one half of one Ordinary Share) at an average price of US$16.85 per ADS on March 15, 2017;
3. Dr Karen Ferrante, Independent Non-executive Director, purchased a total of 2,540 ADSs at an average price of US$19.77 per ADS on March 16, 2017; and
4. Ms Edith Shih, Non-executive Director and Company Secretary, purchased a total of 10,000 ADSs at an average price of US$19.10 per ADS on March 16, 2017.
Following the above purchases, Mr Carter is interested in 2,800 Ordinary Shares, representing approximately 0.005% of the current issued share capital of Chi-Med; Dr Eldar is interested in 6,225 ADSs, representing approximately 0.005% of the current issued share capital of Chi-Med; Dr Ferrante is interested in 2,540 ADSs, representing approximately 0.002% of the current issued share capital of Chi-Med; and Ms Shih is interested in 50,741 ADSs and 60,000 Ordinary Shares, representing approximately 0.14% of the current issued share capital of Chi-Med.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) |
Name |
Mr Paul Carter
|
2 | Reason for the notification | |
a) |
Position/status |
Independent Non-executive Director
|
b) |
Initial notification/Amendment
|
Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) |
Name
|
Hutchison China MediTech Limited |
b)
|
LEI |
N/A |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) |
Description of the financial instrument, type of instrument Identification code
|
Ordinary Share of US$1.00 each
DI ISIN: KYG4672N1016
ADS ISIN: US44842L1035
| ||||||
b) |
Nature of the transaction
|
Acquisition of 2,800 Ordinary Shares on March 15, 2017 at a price of GBP26.37 per share | ||||||
c) |
Price(s) and volume(s) |
| ||||||
d) |
Aggregated information
|
N/A | ||||||
e) |
Date of the transaction |
2017-03-15
| ||||||
f) |
Place of the transaction |
London Stock Exchange (XLON)
| ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) |
Name |
Dr Dan Eldar
|
2 | Reason for the notification | |
a) |
Position/status |
Non-executive Director
|
b) |
Initial notification/Amendment
|
Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) |
Name
|
Hutchison China MediTech Limited |
b)
|
LEI |
N/A |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) |
Description of the financial instrument, type of instrument Identification code
|
ADS each representing one half of one Ordinary Share of US$1.00
ADS ISIN: US44842L1035
| ||||||||||||||||
b) |
Nature of the transaction
|
Acquisition of 6,225 ADSs on March 15, 2017 at an average price of US$16.85 per ADS | ||||||||||||||||
c) |
Price(s) and volume(s) |
| ||||||||||||||||
d) |
Aggregated information
|
N/A | ||||||||||||||||
e) |
Date of the transaction |
2017-03-15
| ||||||||||||||||
f) |
Place of the transaction |
Nasdaq Stock Market
|
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) |
Name |
Dr Karen Ferrante
|
2 | Reason for the notification | |
a) |
Position/status |
Independent Non-executive Director
|
b) |
Initial notification/Amendment
|
Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) |
Name
|
Hutchison China MediTech Limited |
b)
|
LEI |
N/A |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) |
Description of the financial instrument, type of instrument Identification code
|
ADS each representing one half of one Ordinary Share of US$1.00
ADS ISIN: US44842L1035
| ||||||||||||||||
b) |
Nature of the transaction
|
Acquisition of 2,540 ADSs on March 16, 2017 at an average price of US$19.77 per ADS | ||||||||||||||||
c) |
Price(s) and volume(s) |
| ||||||||||||||||
d) |
Aggregated information
|
N/A | ||||||||||||||||
e) |
Date of the transaction |
2017-03-16
| ||||||||||||||||
f) |
Place of the transaction |
Nasdaq Stock Market
|
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) |
Name |
Ms Edith Shih
|
2 | Reason for the notification | |
a) |
Position/status |
Non-executive Director and Company Secretary
|
b) |
Initial notification/Amendment
|
Initial notification
|
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) |
Name
|
Hutchison China MediTech Limited |
b)
|
LEI |
N/A |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) |
Description of the financial instrument, type of instrument Identification code
|
ADS each representing one half of one Ordinary Share of US$1.00
ADS ISIN: US44842L1035
| ||||||||
b) |
Nature of the transaction
|
Acquisition of 10,000 ADSs on March 16, 2017 at an average price of US$19.10 per ADS | ||||||||
c) |
Price(s) and volume(s) |
| ||||||||
d) |
Aggregated information
|
N/A | ||||||||
e) |
Date of the transaction |
2017-03-16
| ||||||||
f) |
Place of the transaction |
Nasdaq Stock Market
|
About Chi-Med
Chi-Med is an innovative biopharmaceutical company which researches, develops, manufactures and sells pharmaceuticals and healthcare products. Its Innovation Platform, Hutchison MediPharma Limited, focuses on discovering and developing innovative therapeutics in oncology and autoimmune diseases for the global market. Its Commercial Platform manufactures, markets, and distributes prescription drugs and consumer health products in China.
Chi-Med is majority owned by the multinational conglomerate CK Hutchison Holdings Limited (SEHK: 0001). For more information, please visit: www.chi-med.com.
Contacts
Investor Enquiries | ||
Christian Hogg, CEO | +852 2121 8200 | |
U.K. & International Media Enquiries | ||
Anthony Carlisle,Citigate Dewe Rogerson | +44 7973 611 888 (Mobile) | anthony.carlisle@cdrconsultancy.co.uk |
U.S. Based Media Enquiries | ||
Brad Miles, BMC Communications | +1 (917) 570 7340 (Mobile) | bmiles@bmccommunications.com |
Susan Duffy, BMC Communications | +1 (917) 499 8887 (Mobile) | sduffy@bmccommunications.com |
Investor Relations | ||
Matt Beck, The Trout Group | +1 (917) 415 1750 (Mobile) | mbeck@troutgroup.com |
David Dible,Citigate Dewe Rogerson | +44 7967 566 919 (Mobile) | david.dible@citigatedr.co.uk |
Panmure Gordon (UK) Limited | ||
Richard Gray / Andrew Potts | +44 (20) 7886 2500 |