Full Press Release Details
Director's Share Dealing
Hong Kong, Shanghai & Florham Park, NJ - Thursday, September 14, 2023: HUTCHMED (China) Limited ("HUTCHMED" or the "Company") (Nasdaq/AIM: HCM; SEHK:13) has received notifications that the spouse of Mr Graeme Jack, Independent Non-executive Director, sold a total of 3,000 American Depositary Shares of the Company ("ADSs", each representing five Ordinary Shares of US$0.10 each of the Company) at a price of US$14.70 per ADS on September 12, 2023.
Following the above sale of 3,000 ADSs, the holding of Mr Jack is 17,339 ADSs Note, representing approximately 0.01% of the current issued share capital of the Company.
Note: 17,339 ADSs included (i) 9,128 ADSs currently held by Mr Jack and (ii) 8,211 ADSs as beneficiary of a trust under long term incentive plan.
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 | Ms Debbie Sue Chung | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Spouse of Mr Graeme Jack, 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 | HUTCHMED (China) Limited | |||
| b) | LEI | 2138006X34YDQ6OBYE79 | |||
| 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 five Ordinary Shares of US$0.10 each ADS ISIN: US44842L1035 | |||
| b) | Nature of the transaction | Sale of 3,000 ADSs on September 12, 2023 at a price of US$14.70 per ADS. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| US$14.70 | 3,000 ADSs | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | |||
| e) | Date of the transaction | 2023-09-12 | |||
| f) | Place of the transaction | Nasdaq Stock Market |
| Investor Enquiries | |
| Mark Lee, Senior Vice President | +852 2121 8200 |
| Annie Cheng, Vice President | +1 (973) 306 4490 |
| Media Enquiries | |
| Ben Atwell / Alex Shaw, FTI Consulting | +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile) HUTCHMED@fticonsulting.com |
| Zhou Yi, Brunswick | +852 9783 6894 (Mobile) HUTCHMED@brunswickgroup.com |
| Nominated Advisor | |
| Atholl Tweedie / Freddy Crossley / Daphne Zhang, Panmure Gordon | +44 (20) 7886 2500 |