Full Press Release Details
Director's Share Dealing
London: Thursday, August 10, 2017: Hutchison China MediTech Limited ( Chi-Med ) (AIM/Nasdaq: HCM) has received notifications that Ms Edith Shih, Non-executive Director and Company Secretary, purchased a total of 1,807 American Depositary Shares of the Company ( ADSs , each representing one half of one ordinary share of US$1.00 each in the capital of Chi-Med) at an average price of US$26.18 per ADS on August 7 and 9, 2017.
Following the above purchases, Ms Shih is interested in 85,663 ADSs and 70,000 Ordinary Shares, representing approximately 0.19% 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 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 | 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 one half of one Ordinary Share of US$1.00 ADS ISIN: US44842L1035 | |
| b) | Nature of the transaction | Acquisition of 1,807 ADSs on August 7 and 9, 2017 at an average price of US$26.18 per ADS. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| US$26.10 | 870 | ||
| US$26.09 | 200 | ||
| US$25.98 | 130 | ||
| US$26.30 | 107 | ||
| US$26.40 | 100 | ||
| US$26.39 | 200 | ||
| US$26.38 | 200 | ||
| d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 1,807 ADSs Price information: US$26.18 | |
| e) | Date of the transaction | 2017-08-07 acquisition of 1,200 ADSs 2017-08-09 acquisition of 607 ADSs | |
| f) | Place of the transaction | Nasdaq Stock Market |
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 ( CK Hutchison ) (SEHK: 0001). For more information, please visit: www.chi-med.com.
| Investor Enquiries | ||
| Mark Lee, SVP Corporate Finance & Development | +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 |