Major Shareholding Notification • Oct 12, 2016
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 3158M
Hutchison China Meditech Limited
12 October 2016
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)
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.
| 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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