Transaction in Own Shares • Mar 6, 2023
Transaction in Own Shares
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RNS Number : 9839R
Hutchmed (China) Limited
06 March 2023
Hong Kong, Shanghai & Florham Park, NJ - Monday, March 6, 2023: HUTCHMED (China) Limited ("HUTCHMED") (Nasdaq/AIM: HCM; SEHK:13) announces that following the announcement of the 2022 annual results of HUTCHMED on February 28, 2023, the following awards granted under the Long Term Incentive Plan ("LTIP") on April 20, 2020 to Dr Weiguo Su and Mr Johnny Cheng were vested on March 3, 2023:-
| Award Holders | Number of American depositary shares ("ADS") |
| Person Discharging Managerial Responsibilities | |
| Dr Weiguo Su (Executive Director, Chief Executive Officer and Chief Scientific Officer) | 50,431 |
| Mr Johnny Cheng (Executive Director and Chief Financial Officer) | 22,953 |
| Total | 73,384 |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
(a) Dr Weiguo Su
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Dr Weiguo Su
2
Reason for the notification
a)
Position/status
Executive Director, Chief Executive Officer and Chief Scientific Officer
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
ADS ISIN: US44842L1035
b)
Nature of the transaction
Vesting of awards granted on April 20, 2020 under HUTCHMED's LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 50,431 ADS |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
2023-03-03
f)
Place of the transaction
Outside a trading venue
(b) Mr Johnny Cheng
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mr Johnny Cheng
2
Reason for the notification
a)
Position/status
Executive Director and Chief Financial Officer
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
ADS ISIN: US44842L1035
b)
Nature of the transaction
Vesting of awards granted on April 20, 2020 under HUTCHMED's LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 22,953 ADS |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
2023-03-03
f)
Place of the transaction
Outside a trading venue
HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) 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. It has about 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology/immunology. Since inception HUTCHMED has been focused on bringing cancer drug candidates from in-house discovery to patients around the world, with its first three oncology drugs now approved and marketed in China. For more information, please visit: www.hutch‑med.com or follow us on LinkedIn.
| ##### Investor Enquiries | |
| Mark Lee, Senior Vice President | +852 2121 8200 |
| Annie Cheng, Vice President | +1 (973) 306 4490 |
| ##### Media Enquiries | |
| Americas - Brad Miles, Solebury Trout | +1 (917) 570 7340 (Mobile) [email protected] |
| Europe - Ben Atwell / Alex Shaw, FTI Consulting | +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile) [email protected] |
| Asia - Zhou Yi, Brunswick | +852 9783 6894 (Mobile) [email protected] |
| ##### Nominated Advisor | |
| Atholl Tweedie / Freddy Crossley, Panmure Gordon (UK) Limited |
+44 (20) 7886 2500 |
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