Hikma Pharmaceuticals PLC - EIP Vesting
LONDON, 15 May 2018: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) ("Hikma") (LEI: 549300BNS685UXH4JI75) announces that the following Persons Discharging Managerial Responsibility ("PDMR") have received shares as a result of the vesting of their conditional share awards on 15 May 2015 under the 2014 Executive Incentive Plan ("EIP") Element C which was completed on 15 May 2018. These awards were automatically exercised by operation of the conditional award and vesting process. The exercise price under the EIP is £nil.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
Said Darwazah
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Said Darwazah |
2 |
Reason for the notification |
|
a) |
Position/status |
Executive Chairman |
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
|
Shares acquired from vesting of the conditional awards on |
c) |
Price(s) and volume(s) |
Price(s): £nil Volume(s): 27,000 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
15 May 2018 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Mazen Darwazah
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Mazen Darwazah |
2 |
Reason for the notification |
|
a) |
Position/status |
Executive Vice Chairman |
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
|
Shares acquired from vesting of the conditional awards on |
c) |
Price(s) and volume(s) |
Price(s): £nil Volume(s): 20,000 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
15 May 2018 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Peter Speirs
Company Secretary, responsible for releasing this announcement
+44 (0) 20 7399 2760