Hikma Pharmaceuticals PLC - EIP Awards
LONDON, 13 April 2017: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) announces that the Remuneration Committee has made the following conditional awards and nil cost options under the Hikma Pharmaceuticals PLC 2014 Executive Incentive Plan (the "EIP") to Persons Discharging Managerial Responsibility ("PDMR") of the Company.
Awards under the EIP were made on 13 April 2017 at a price of 1,740 pence per Ordinary Share (being the average price for the 30-day period prior to 31 December 2016, in accordance with the EIP rules) as follows:
Notification and public disclosure of transactions by persons discharging managerial responsibilities
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Majda Labadi |
2 |
Reason for the notification |
|
a) |
Position/status |
Corporate Vice President for Human Resources and Head of Operations, MENA |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Hikma Pharmaceuticals PLC |
b) |
LEI |
549300BNS685UXH4JI75 |
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 and identification code |
Description: Ordinary shares of 10 pence each (Shares) ID Code: GB00B0LCW083 |
b) |
Nature of the transaction
|
The Company granted the named individual above a conditional award to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years. |
c) |
Price(s) and volume(s) |
Price(s): £17.40 Volume(s): 17,825 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
13 April 2017 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Majda Labadi |
2 |
Reason for the notification |
|
a) |
Position/status |
Corporate Vice President for Human Resources and Head of Operations, MENA |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Hikma Pharmaceuticals PLC |
b) |
LEI |
549300BNS685UXH4JI75 |
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 and identification code |
Description: Ordinary shares of 10 pence each (Shares) ID Code: GB00B0LCW083 |
b) |
Nature of the transaction
|
The Company granted the named individual above a conditional award to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years. |
c) |
Price(s) and volume(s) |
Price(s): £17.40 Volume(s): 16,146 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
13 April 2017 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Susan Ringdal |
2 |
Reason for the notification |
|
a) |
Position/status |
Vice President, Corporate Strategy and Investor Relations |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Hikma Pharmaceuticals PLC |
b) |
LEI |
549300BNS685UXH4JI75 |
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 and identification code |
Description: Ordinary shares of 10 pence each (Shares) ID Code: GB00B0LCW083 |
b) |
Nature of the transaction
|
The Company granted the named individual above a nil cost option to acquire Shares under Element B of the 2014 Executive Incentive Plan (EIP). Shares under Element B EIP award will vest after 2 years. |
c) |
Price(s) and volume(s) |
Price(s): £17.40 Volume(s): 14,031 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
13 April 2017 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Susan Ringdal |
2 |
Reason for the notification |
|
a) |
Position/status |
Vice President, Corporate Strategy and Investor Relations |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Hikma Pharmaceuticals PLC |
b) |
LEI |
549300BNS685UXH4JI75 |
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 and identification code |
Description: Ordinary shares of 10 pence each (Shares) ID Code: GB00B0LCW083 |
b) |
Nature of the transaction
|
The Company granted the named individual above a nil cost option to acquire Shares under Element C of the 2014 Executive Incentive Plan (EIP). Shares under Element C EIP award will vest after 3 years. |
c) |
Price(s) and volume(s) |
Price(s): £17.40 Volume(s): 13,477 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
13 April 2017 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |