Hutchison China Meditech Limited Grant of Share Options under Share Option Scheme (0474X)
August 07 2018 - 5:00AM
UK Regulatory
TIDMHCM
RNS Number : 0474X
Hutchison China Meditech Limited
07 August 2018
Grant of Share Options under Share Option Scheme
London: Tuesday, August 7, 2018: Hutchison China MediTech
Limited ("Chi-Med") (AIM/Nasdaq: HCM) announces that on August 6,
2018, it granted share options under the Share Option Scheme
conditionally adopted by Chi-Med at its Annual General Meeting in
2015 (the "2015 HCML Share Option Scheme").
Chi-Med granted 68,000 share options under its 2015 HCML Share
Option Scheme to certain employees to subscribe for Ordinary Shares
subject to the acceptance of the grantees. Details of such share
options granted prescribed are as follows:
Date of grant : August 6, 2018
Exercise price of share options : GBP48.60 per Ordinary Share
granted
Number of share options granted : 68,000 (each share option shall
entitle the holder thereof to subscribe
for one Ordinary Share)
Closing market price of Ordinary : GBP48.00 per Ordinary Share
Shares on the date of grant
Validity period of the share : From August 6, 2018 to August 5,
options 2028
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: 1). For more information, please
visit: www.chi-med.com.
Forward Looking Statements
This announcement contains forward-looking statements within the
meaning of the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve risks and uncertainties. Existing and
prospective investors are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
hereof. For further discussion of these and other risks, see
Chi-Med's filings with the U.S. Securities and Exchange Commission
and on AIM. Chi-Med undertakes no obligation to update or revise
the information contained in this announcement, whether as a result
of new information, future events or circumstances or
otherwise.
CONTACTS
Investor Enquiries
Mark Lee, Senior Vice President,
Corporate Finance & Development +852 2121 8200
U.K. & International Media Enquiries
Anthony Carlisle, +44 7973 611 888 (Mobile)
Citigate Dewe Rogerson anthony.carlisle@cdrconsultancy.co.uk
U.S. Based Media Enquiries
Brad Miles, Solebury Trout +1 (917) 570 7340 (Mobile)
bmiles@troutgroup.com
Susan Duffy, Solebury Trout +1 (917) 499 8887 (Mobile)
sduffy@troutgroup.com
Investor Relations
Xuan Yang, Solebury Trout +1 (415) 971 9412 (Mobile)
xyang@troutgroup.com
David Dible, +44 7967 566 919 (Mobile)
Citigate Dewe Rogerson david.dible@citigatedewerogerson.com
Panmure Gordon (UK) Limited
Richard Gray / Andrew Potts +44 (20) 7886 2500
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEUGUACRUPRURM
(END) Dow Jones Newswires
August 07, 2018 05:00 ET (09:00 GMT)
Hutchison China Meditech (LSE:0J7G)
Historical Stock Chart
From Apr 2024 to May 2024
Hutchison China Meditech (LSE:0J7G)
Historical Stock Chart
From May 2023 to May 2024