Source - RNS
RNS Number : 3158M
Hutchison China Meditech Limited
12 October 2016
 

 

 

 

Director's Share Dealing

 

London: Wednesday, October 12, 2016: Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) has received notification that Mr Michael Howell, Independent Non-executive Director, has sold 15,000 ordinary shares of US$1.00 each in Chi-Med (the "Ordinary Shares") at a price of GBP17.90 per share on October 7, 2016. 

 

Following the above transaction, the holding of Mr Howell is 138,600 Ordinary Shares, representing approximately 0.23% 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

 

Mr Michael Howell

 

2

Reason for the notification

 

a)

 

Position/status

 

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

 

 

Sale of 15,000 Ordinary Shares on October 7, 2016 at a price of GBP17.90

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP17.90

15,000

 

 

 

d)

 

Aggregated information

-

Aggregated volume

-

Price

 

 

 

N/A

 

 

 

e)

 

Date of the transaction

 

2016-10-07

 

 

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

NOTES TO EDITORS

About Chi-Med

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 (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)

[email protected]




U.S. Based Media Enquiries



Brad Miles, BMC Communications

+1 (917) 570 7340 (Mobile)

[email protected]




Susan Duffy, BMC Communications

+1 (917) 499 8887 (Mobile)

[email protected]




Investor Relations



Matt Beck, The Trout Group

+1-646-378-2933 (Mobile)

[email protected]




David Dible,

Citigate Dewe Rogerson 

+44 7967 566 919 (Mobile)

[email protected]




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
 
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