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Block Admission London: Wednesday, June 15 , 2016 : Hutchison China MediTech Limited ( Chi-Med ) (AIM/Nasdaq: HCM) today announces that an application has been made to the London Stock Exchange plc for a block admission

Key Takeaway: London: Wednesday, June 15, 2016: Hutchison China MediTech Limited ( Chi-Med ) (AIM/Nasdaq: HCM) today announces that an application has been made to the London Stock Exchange plc for a block admission of 1,000,000 ordinary shares, par value of US$1.00 each ( Ordinary Shares ) to

Full Press Release Details

London: Wednesday, June 15, 2016: Hutchison China MediTech Limited ( Chi-Med ) (AIM/Nasdaq: HCM) today announces that an application has been made to the London Stock Exchange plc for a block admission of 1,000,000 ordinary shares, par value of US$1.00 each ( Ordinary Shares ) to be admitted to trading on AIM. It is expected that such admission will become effective on June 20, 2016.
These Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the Share Option Scheme adopted by Chi-Med on May 13, 2016. When issued, these Ordinary Shares will be credited as fully paid and will rank pari passu with the existing Ordinary Shares in issue.
Chi-Med is a China-based, globally-focused healthcare group which researches, develops, manufactures and sells pharmaceuticals and health-related consumer products. Its Innovation Platform, Hutchison MediPharma Limited, is focused on discovering, developing and commercializing innovative therapeutics in oncology and autoimmune diseases. Its pipeline of eight novel oral compounds for cancer and inflammation is in development in North America, Europe, Australia and Greater China.
Chi-Med s 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.
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Last updated: Jun 16, 2016