Director's Share Dealing

RNS Number : 6335O

Hutchison China Meditech Limited

22 August 2017

 

Director's Share Dealing

London: Tuesday, August 22, 2017: Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) has received notifications that Ms Edith Shih, Non-executive Director and Company Secretary, purchased a total of 4,000 American Depositary Shares of the Company ("ADSs", each representing one half of one ordinary share of US$1.00 each in the capital of Chi-Med) at an average price of US$24.99 per ADS on August 18 and 21, 2017.

Following the above purchases, Ms Shih is interested in 100,000 ADSs and 70,000 Ordinary Shares, representing approximately 0.20% 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	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	2138006X34YDQ6OBYE79
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 4,000 ADSs on August 18 and 21, 2017 at an average price of US$24.99 per ADS.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		US$25.00	3,569
		US$24.98	100
		US$24.99	100
		US$24.91	200
		US$24.92	31
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 4,000 ADSs Price information: US$24.99
e)	Date of the transaction	2017-08-18 - acquisition of 3,769 ADSs 2017-08-21 - acquisition of 231 ADSs
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 ("CK Hutchison") (SEHK: 0001). For more information, please visit: www.chi-med.com.

CONTACTS

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David Dible, Citigate Dewe Rogerson	[phone] (Mobile)	[e-mail]
Panmure Gordon (UK) Limited
Richard Gray / Andrew Potts	[phone]

 

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