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Director's Share Dealing

9 Aug 2016 08:07

RNS Number : 6317G
Hutchison China Meditech Limited
09 August 2016
 

 

 

 

Director's Share Dealing

 

London: Tuesday, August 9, 2016: Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) has received notification that the spouse of Mr Christopher Nash, Independent Non-executive Director, has purchased 3,120 and 42 ordinary shares of US$1.00 each in Chi-Med (the "Ordinary Shares") at a price of GBP19.00 and GBP18.99 per share respectively on August 4, 2016.

 

Following the above transaction, the combined holding of Mr Nash and his spouse is 39,596 Ordinary Shares, representing approximately 0.065% of the current issued share capital of Chi-Med.

 

The notification set out below is 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

 

Ms Rebecca Pynt

 

2

Reason for the notification

 

a)

 

Position/status

 

Spouse of Mr Christopher Nash, an Independent Non-executive Director of Chi-Med

 

 

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 Shares of US$1.00 each

 

DI ISIN: KYG4672N1016

 

ADS ISIN: US44842L1035

 

 

b)

 

Nature of the transaction

 

 

Acquisition of 3,120 and 42 Ordinary Shares on August 4, 2016 at a price of GBP19.00 and GBP18.99 respectively

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP19.00

3,120

GBP18.99

42

 

 

 

d)

 

Aggregated information

-

Aggregated volume

-

Price

 

 

 

N/A

 

 

 

e)

 

Date of the transaction

 

2016-08-04

 

 

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

NOTES TO EDITORS

About Chi-Med

Chi-Med is an innovative China-based 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

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

Brian Korb, The Trout Group

+1 (917) 653 5122 (Mobile)

bkorb@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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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