Director's Dealing • Mar 8, 2023
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information ![]()
RNS Number : 2733S
Hutchmed (China) Limited
08 March 2023
Hong Kong, Shanghai & Florham Park, NJ - Wednesday, March 8, 2023: HUTCHMED (China) Limited ("HUTCHMED" or the "Company") (Nasdaq/AIM: HCM; SEHK:13) has received notifications that Mr Johnny Cheng, Executive Director and Chief Financial Officer, sold a total of 1,300,000 Ordinary Shares of US$0.10 each of the Company at an average price of HK$27.073 per Ordinary Shares on March 3, 2023 and March 6, 2023.
Following the above sale of 1,300,000 Ordinary Shares, the holding of Mr Cheng is 1,261,460 Ordinary Shares and 274,493 ADSs Note, representing approximately 0.3% of the current issued share capital of the Company.
Note: 274,493 ADSs included (i) 41,552 ADSs currently held by Mr Cheng, (ii) 217,800 ADSs granted under Share Option Scheme and (iii) 15,141 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
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
Ordinary Shares of US$0.10 each
DI ISIN: KYG4672N1198
b)
Nature of the transaction
Sale of 830,000 Ordinary Shares on March 3, 2023 at an average price of HK$27.101.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
HK$26.850
50,000 Ordinary Shares
HK$26.950
20,000 Ordinary Shares
HK$27.000
110,000 Ordinary Shares
HK$27.005
50,000 Ordinary Shares
HK$27.015
20,000 Ordinary Shares
HK$27.016
40,000 Ordinary Shares
HK$27.027
30,000 Ordinary Shares
HK$27.050
10,000 Ordinary Shares
HK$27.091
200,000 Ordinary Shares
HK$27.100
50,000 Ordinary Shares
HK$27.113
100,000 Ordinary Shares
HK$27.150
20,000 Ordinary Shares
HK$27.200
30,000 Ordinary Shares
HK$27.300
40,000 Ordinary Shares
HK$27.450
10,000 Ordinary Shares
HK$27.500
20,000 Ordinary Shares
HK$27.656
20,000 Ordinary Shares
HK$27.700
10,000 Ordinary Shares
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Aggregated volume: 830,000 Ordinary Shares
Price information: HK$22,494,120
e)
Date of the transaction
2023-03-03
f)
Place of the transaction
Hong Kong Stock Exchange
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$0.10 each
DI ISIN: KYG4672N1198
b)
Nature of the transaction
Sale of 470,000 Ordinary Shares on March 6, 2023 at an average price of HK$27.022.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
HK$26.850
30,000 Ordinary Shares
HK$26.900
10,000 Ordinary Shares
HK$26.908
10,000 Ordinary Shares
HK$26.950
70,000 Ordinary Shares
HK$27.000
50,000 Ordinary Shares
HK$27.050
68,500 Ordinary Shares
HK$27.060
200,000 Ordinary Shares
HK$27.100
20,000 Ordinary Shares
HK$27.250
10,000 Ordinary Shares
HK$27.300
1,500 Ordinary Shares
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Aggregated volume: 470,000 Ordinary Shares
Price information: HK$12,700,455
e)
Date of the transaction
2023-03-06
f)
Place of the transaction
Hong Kong Stock Exchange
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 more than 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 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 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHNKFBDOBKKDNK
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.