Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHutchmed Regulatory News (HCM)

Share Price Information for Hutchmed (HCM)

Share Price is delayed by 15 minutes
Get Live Data
161.50    -11.00 (-6.38%)
Bid:
158.50
Ask:
162.50
Spread: 4.00 (2.524%)
Market Cap: £1.39b
HCM Live PriceLast checked at - London Stock Exchange

Intraday Hutchmed Share Chart

Disclosure Update

18 Jun 2021 07:00

RNS Number : 3221C
Hutchmed (China) Limited
18 June 2021
 

 

Disclosure Update

 

Hong Kong, Shanghai, & Florham Park, NJ - Friday, June 18, 2021: HUTCHMED (China) Limited ("HUTCHMED" or the "Company") (Nasdaq/AIM: HCM) today filed the Post Hearing Information Pack (the "PHIP") with the Stock Exchange of Hong Kong Limited ("SEHK") in connection with a proposed listing (the "Listing") of its ordinary shares, par value US$0.10 per share ("Shares"), on the Main Board of the Hong Kong Stock Exchange and concurrent global offering of Shares (the "Global Offering").

 

The PHIP contains updated disclosure of certain information previously disclosed in the Company's annual report on Form 20-F for the year ended December 31, 2020 filed on March 4, 2021 (the "2020 Annual Report") and supplemental and additional descriptions of certain aspects of the Company's business and financial information as required by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the latter of which is available for viewing at http://www.rns-pdf.londonstockexchange.com/rns/3226C_2-2021-6-18.pdf. This disclosure should be read in conjunction with the Company's 2020 Annual Report and final results announcement published on March 4, 2021. The unaudited condensed consolidated interim financial information of the Company as of and for the three months ended March 31, 2021 are available for viewing at http://www.rns-pdf.londonstockexchange.com/rns/3226C_1-2021-6-18.pdf.

 

There is no assurance as to if or when such Listing will take place. This announcement is neither an offer to sell nor a solicitation of an offer to buy, nor shall there be any offer, solicitation or sale of the Company's securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018).

 

 

About HUTCHMED

 

HUTCHMED (Nasdaq/AIM: HCM) (formerly Hutchison China MediTech) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. A dedicated organization of over 1,300 personnel has advanced ten cancer drug candidates from in-house discovery into clinical studies around the world, with its first two oncology drugs now approved and launched. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

 

 

Forward-Looking Statements

 

This announcement contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED's current expectations regarding future events. Forward-looking statements involve risks and uncertainties. Factors that may cause such a difference include risks and uncertainties related to completion of the SEHK's review of the Company's listing application and completion of the Global Offering (including the terms of the Global Offering), market conditions, the satisfaction of customary closing conditions related to the Global Offering, whether and the degree to which the Company will continue to benefit from CK Hutchison Holding's support, and the Company's ability to progress the development of its drug candidates and successfully commercialize them. More information about the risks and uncertainties faced by the Company will be contained or incorporated by reference in the preliminary prospectus filed with the SEHK and preliminary prospectus supplement filed with the SEC, in each case related to the Global Offering, when completed. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED's filings with the SEHK, SEC and on AIM. HUTCHMED undertakes no obligation to update or revise the information contained in this announcement, whether as a result of new information, future events or circumstances or otherwise.

 

 

IMPORTANT NOTICE

 

No prospectus required for the purposes of Regulation (EU) 2017/1129 ("EU Prospectus Regulation") or Regulation (EU) 2017/1129 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018) ("UK Prospectus Regulation") or admission document (as defined in the AIM Rules for Companies published by the London Stock Exchange plc) will be made available in connection with the matters contained in this announcement.

 

No money, securities or other consideration is being solicited, and, if sent in response to the information contained in this announcement, will not be accepted.

 

This announcement is not directed to, or intended for distribution or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.

 

The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement come should inform themselves about and observe any such restrictions.

 

CONTACTS

 

Investor Enquiries

 

Mark Lee, Senior Vice President

+852 2121 8200

Annie Cheng, Vice President

+1 (973) 567 3786

 

 

Media Enquiries

 

Americas - Brad Miles, Solebury Trout

+1 (917) 570 7340 (Mobile) bmiles@troutgroup.com

Europe - Ben Atwell / Alex Shaw, FTI Consulting

+44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile)HUTCHMED@fticonsulting.com

Asia - Joseph Chi Lo / Zhou Yi, Brunswick

+852 9850 5033 (Mobile) / +852 9783 6894 (Mobile)

HUTCHMED@brunswickgroup.com

 

 

Nominated Advisor

 

Atholl Tweedie/Freddy Crossley, Panmure Gordon (UK) Limited

+44 (20) 7886 2500

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDXDLLFFQLBBBB
Date   Source Headline
25th Mar 20207:00 amRNSAnnual Financial Report
9th Mar 20207:00 amRNSVesting of awards under Long Term Incentive Plan
3rd Mar 20202:18 pmRNSForm-20F Publication
3rd Mar 202012:15 pmRNSFinal Results and Clinical Update
25th Feb 20207:00 amRNSNotice of Results
10th Feb 20207:00 amRNSPhase II Savolitinib / Imfinzi® Combination Data
6th Feb 20204:35 pmRNSPrice Monitoring Extension
6th Feb 20207:20 amRNSIssue of Equity
4th Feb 20204:40 pmRNSSecond Price Monitoring Extn
4th Feb 20204:35 pmRNSPrice Monitoring Extension
31st Jan 20207:00 amRNSNotice of Results
29th Jan 20207:25 amRNSHolding(s) in Company
23rd Jan 20207:35 amRNSPricing of US$110 Million Public Offering of ADSs
22nd Jan 20207:00 amRNSChi-Med Announces Proposed Offering of ADSs
20th Jan 202010:40 amRNSPositive SANET-p Phase III Clinical Trial Results
13th Jan 20207:00 amRNSChi-Med Starts Surufatinib+PD-1 Ph2 Combo Trial
6th Jan 20207:04 amRNSChi-Med to Present at JP Morgan Conference
31st Dec 20197:00 amRNSBlock Listing Six Monthly Return
31st Dec 20197:00 amRNSTotal Voting Rights
20th Dec 20197:00 amRNSSurufatinib Granted Priority Review in China
12th Dec 20198:57 amRNSGrant of share options
29th Nov 20198:56 amRNSTotal Voting Rights
28th Nov 20197:00 amRNSElunate® Included in China NRDL
25th Nov 20197:47 amRNSChi-Med Highlights Presentations at 2019 ESMO Asia
25th Nov 20197:00 amRNSSurufatinib granted FDA orphan drug designation
11th Nov 20197:00 amRNSSurufatinib China NDA acceptance
17th Oct 20197:26 amRNSChi-Med Ph II gastric cancer data for Savolitinib
10th Oct 201910:22 amRNSGrant of share options under share option scheme
10th Oct 20199:00 amRNSInnovent and Chi-Med Expand Global Collaboration
4th Oct 20197:11 amRNSChi-Med Phase I/Ib Trial of HMPL-523 in Lymphoma
3rd Oct 20198:26 amRNSHolding(s) in Company
30th Sep 20191:49 pmRNSHolding(s) in Company
30th Sep 201912:11 pmRNSHolding(s) in Company
30th Sep 20197:00 amRNSChi-Med Surufatinib Phase III data at ESMO
30th Sep 20197:00 amRNSTotal Voting Rights
25th Sep 20197:00 amRNSChi-Med Presents SANET-ep Phase III data at ESMO
18th Sep 20197:00 amRNSChi-Med Highlights Presentations at 2019 CSCO
3rd Sep 20197:19 amRNSChi-Med to present at MS conference
3rd Sep 20197:00 amRNSChi-Med initiates Phase I trial
30th Aug 20197:00 amRNSTotal Voting Rights
23rd Aug 20197:00 amRNSStart of Clinical Trial in China
20th Aug 20197:48 amRNSHolding(s) in Company
30th Jul 201910:48 amRNSTR-1: Form for notification of major holdings
30th Jul 20197:00 amRNS2019 Interim Results and Clinical Programs Update
10th Jul 20194:35 pmRNSPrice Monitoring Extension
3rd Jul 20197:00 amRNSChi-Med to Announce 2019 Half-Year Results
3rd Jul 20197:00 amRNSTR-1: Form for notification of major holdings
28th Jun 201911:10 amRNSBlocklisting Six Monthly Return
28th Jun 201910:07 amRNSPricing of U.S. Public Secondary Offering of ADSs
28th Jun 20197:00 amRNSSecondary Offering of American Depositary Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.