Hikma Pharmaceuticals PLC - EIP Vesting
LONDON, 13 March 2024: 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 which were granted on 25 February 2022 under the 2014 Executive Incentive Plan ("EIP") Element B and 25 February 2021 under the EIP Element C.
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 the vesting of conditional awards under the EIP Element B and EIP Element C. All Shares were retained. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 34,652 |
||
Nil |
EIP Award, Element C: 19,830 |
||
d) |
Aggregated information
|
Price(s): nil Volume(s): 54,482 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Riad Mishlawi
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Riad Mishlawi |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Chief Executive Officer |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. All Shares were retained. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 22,099 |
||
Nil |
EIP Award, Element C: 17,120 |
||
d) |
Aggregated information
|
Price(s): nil Volume(s): 39,219 |
|
e) |
Date of the transaction |
12 March 2024 |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. All Shares were retained. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 26,812 |
||
Nil |
EIP Award, Element C: 13,903 |
||
d) |
Aggregated information
|
Price(s): nil Volume(s): 40,715 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Khalid Nabilsi
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Khalid Nabilsi |
|
2 |
Reason for the notification |
||
a) |
Position/status |
PDMR |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. All Shares were retained. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 20,643 |
||
Nil |
EIP Award, Element C: 13,927 |
||
d) |
Aggregated information |
Price(s): nil Volume(s): 34,570 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Brian Hoffmann
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Brian Hoffmann |
|
2 |
Reason for the notification |
||
a) |
Position/status |
PDMR |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 14,663 |
||
Nil |
EIP Award, Element C: 10,227 |
||
d) |
Aggregated information |
Price(s): nil Volume(s): 24,890 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
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 sold to cover tax following the vesting of conditional awards under the EIP Element B and EIP Element C. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£18.942 |
EIP Award, Element B: 5,471 |
||
£18.942 |
EIP Award, Element C: 3,816 |
||
d) |
Aggregated information |
Price(s): £18.942 Volume(s): 9,287 Total(s): £175,916.51 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Susan Ringdal
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Susan Ringdal |
|
2 |
Reason for the notification |
||
a) |
Position/status |
PDMR |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 11,072 |
||
Nil |
EIP Award, Element C: 6,812 |
||
d) |
Aggregated information |
Price(s): nil Volume(s): 17,844 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
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 sold to cover tax following the vesting of conditional awards under the EIP Element B and EIP Element C. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£18.942 |
EIP Award, Element B: 5,109 |
||
£18.942 |
EIP Award, Element C: 3,144 |
||
d) |
Aggregated information |
Price(s): £18.942 Volume(s): 8,253 Total(s): £156,330.24 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Hussein Arkhagha
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Hussein Arkhagha |
|
2 |
Reason for the notification |
||
a) |
Position/status |
PDMR |
|
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 the vesting of conditional awards under the EIP Element B and EIP Element C. All Shares were retained. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
EIP Award, Element B: 10,598 |
||
Nil |
EIP Award, Element C: 5,245 |
||
d) |
Aggregated information |
Price(s): nil Volume(s): 15,843 |
|
e) |
Date of the transaction |
12 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Helen Middlemist
Group Company Secretary
+44 (0)20 7399 2760
13 March 2024