Director/PDMR Shareholding (2459G)
May 09 2011 - 12:45PM
UK Regulatory
TIDMHIK
RNS Number : 2459G
Hikma Pharmaceuticals Plc
09 May 2011
Hikma Pharmaceuticals PLC - Share Transactions
LONDON, 9 May 2011: Hikma Pharmaceuticals PLC (LSE: HIK)
(NasdaqDubai: HIK) announces that the following Persons Discharging
Managerial Responsibility ("PDMR") have exercised awards which
vested on 29 April 2011 under the 2005 Long Term Incentive Plan
("LTIP") and which in two cases the holder was required to exercise
as part of the vesting process. The exercise price under the LTIP
is GBPnil. The persons concerned elected to retain all the shares
exercised, subject to, in one case, a disposal to meet a tax
liability arising.
In accordance with DTR 3.1.2R and s.793 of the Companies Act
2006, Hikma announces that the following transactions took place in
London over the Company's Ordinary Shares of 10p each as detailed
below.
Type of Shares Outstanding
PDMR Transaction Exercised Date Price Disposed Holding
Exercise of
Mazen LTIP 2007 104,000 9 May 799,225
Darwazah & 2008 (0.06% ISC) 2011 GBP7.92 Nil (0.41%)
------------- ------------- ------ --------- ------------- ------------
379,568
Bassam Exercise of 54,000 9 May (0.19%
Kanaan LTIP 2008 (0.03% ISC) 2011 GBP7.92 Nil ISC)
------------- ------------- ------ --------- ------------- ------------
12,200
Michael Exercise of 27,000 9 May 14,800 (0.01%
Raya LTIP 2008 (0.01% ISC) 2011 GBP7.92 (0.01% ISC) ISC)
------------- ------------- ------ --------- ------------- ------------
Majda Exercise of 54,000 9 May 108,445
Labadi LTIP 2008 (0.03% ISC) 2011 GBP7.92 Nil (0.06%)
------------- ------------- ------ --------- ------------- ------------
- ENDS -
Enquiries:
Hikma Pharmaceuticals PLC
Henry Knowles +44 20 7399 2760
Company Secretary
Susan Ringdal +44 20 7399 2760
Investor Relations Director
About Hikma
Hikma Pharmaceuticals PLC is a fast growing multinational group
focused on developing, manufacturing and marketing a broad range of
both branded and non-branded generic and in-licensed pharmaceutical
products. Hikma's operations are conducted through three
businesses: "Branded", "Injectables" and "Generics". Hikma's
operations are based principally in the Middle East and North
Africa ("MENA") region, where it is a market leader and sells
across 17 countries, the United States and Europe. In 2010, the
Group achieved revenues of $731 million (2009 $637 million) and
profit attributable to shareholders was $99 million (2009 $78
million). For news and other information, please visit
www.hikma.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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