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Regulatory Notice, RNS Announcements | 20 Mar 2017

Directors’ Share Dealing

London: Monday, March 20, 2017: Hutchison China MediTech Limited (“Chi-Med”) (AIM/Nasdaq: HCM) has received notifications that:-

  1. Mr Paul Carter, Independent Non-executive Director, purchased a total of 2,800 ordinary shares of US$1.00 each in the capital of Chi-Med (“Ordinary Shares”) at a price of GBP26.37 per share on March 15, 2017;
  2. Dr Dan Eldar, Non-executive Director, purchased a total of 6,225 American Depositary Shares of the Company (“ADSs”, each representing one half of one Ordinary Share) at an average price of US$16.85 per ADS on March 15, 2017;
  3. Dr Karen Ferrante, Independent Non-executive Director, purchased a total of 2,540 ADSs at an average price of US$19.77 per ADS on March 16, 2017; and
  4. Ms Edith Shih, Non-executive Director and Company Secretary, purchased a total of 10,000 ADSs at an average price of US$19.10 per ADS on March 16, 2017.

Following the above purchases, Mr Carter is interested in 2,800 Ordinary Shares, representing approximately 0.005% of the current issued share capital of Chi-Med; Dr Eldar is interested in 6,225 ADSs, representing approximately 0.005% of the current issued share capital of Chi-Med; Dr Ferrante is interested in 2,540 ADSs, representing approximately 0.002% of the current issued share capital of Chi-Med; and Ms Shih is interested in 50,741 ADSs and 60,000 Ordinary Shares, representing approximately 0.14% of the current issued share capital of Chi-Med.

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 Paul Carter
2 Reason for the notification
a) Position/status Independent Non-executive Director
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 Share of US$1.00 each

DI ISIN: KYG4672N1016

ADS ISIN: US44842L1035

b) Nature of the transaction Acquisition of 2,800 Ordinary Shares on March 15, 2017 at a price of GBP26.37 per share
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP26.37 2,800
d) Aggregated information

Aggregated volume
Price
N/A
e) Date of the transaction 2017-03-15
f) Place of the transaction London Stock Exchange (XLON)

 

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Dr Dan Eldar
2 Reason for the notification
a) Position/status Non-executive Director
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

ADS each representing one half of one Ordinary Share of US$1.00

ADS ISIN: US44842L1035

b) Nature of the transaction Acquisition of 6,225 ADSs on March 15, 2017 at an average price of US$16.85 per ADS
c) Price(s) and volume(s)
Price(s) Volume(s)
US$16.51 3,220
US$17.19 2,600
US$17.33 5
US$17.16 100
US$17.47 100
US$17.48 200
d) Aggregated information

Aggregated volume
Price
N/A
e) Date of the transaction 2017-03-15
f) Place of the transaction Nasdaq Stock Market

 

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Dr Karen Ferrante
2 Reason for the notification
a) Position/status Independent Non-executive Director
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

ADS each representing one half of one Ordinary Share of US$1.00

ADS ISIN: US44842L1035

b) Nature of the transaction Acquisition of 2,540 ADSs on March 16, 2017 at an average price of US$19.77 per ADS
c) Price(s) and volume(s)
Price(s) Volume(s)
US$19.76 1,100
US$19.84 668
US$19.65 372
US$19.85 200
US$19.60 100
US$19.84 100
d) Aggregated information

Aggregated volume
Price
N/A
e) Date of the transaction 2017-03-16
f) Place of the transaction Nasdaq Stock Market

 

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 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

ADS each representing one half of one Ordinary Share of US$1.00

ADS ISIN: US44842L1035

b) Nature of the transaction Acquisition of 10,000 ADSs on March 16, 2017 at an average price of US$19.10 per ADS
c) Price(s) and volume(s)
Price(s) Volume(s)
US$19.10 9,908
US$19.02 92
d) Aggregated information

Aggregated volume
Price
N/A
e) Date of the transaction 2017-03-16
f) Place of the transaction Nasdaq Stock Market

 

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

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david.dible@citigatedr.co.uk

Panmure Gordon (UK) Limited

Richard Gray / Andrew Potts
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