TIDMHIK

RNS Number : 2941H

Hikma Pharmaceuticals Plc

25 May 2011

Notification of Major Interests in Shares

LONDON, 25 May 2011 - Hikma Pharmaceuticals PLC ("Hikma") (LSE: HIK) (DIFX: HIK), the fast growing multinational pharmaceuticals group, announces as follows:

 
 1   Identity of the issuer or the underlying   Hikma Pharmaceuticals PLC 
      issuer of existing shares to which the 
      voting rights are attached 
    -----------------------------------------  -------------------------- 
 
 
 2   Reason for the notification 
    -------------------------------------------------  ---- 
     An acquisition or disposal of voting               Yes 
      rights 
    -------------------------------------------------  ---- 
     An acquisition or disposal of financial            No 
      instruments which may result in the acquisition 
      of shares already issues to which voting 
      rights are attached 
    -------------------------------------------------  ---- 
     An event changing the breakdown of voting          No 
      rights 
    -------------------------------------------------  ---- 
     Other (please specify): Compliance with            No 
      the Transparency Directive 
    -------------------------------------------------  ---- 
 
 
     Full name of the person subject to the 
 3    notification obligation                  Norges Bank 
    ----------------------------------------  ------------ 
 4   Full name of shareholders                 N/A 
    ----------------------------------------  ------------ 
     Date of the Transaction (and date on 
      which the threshold crossed is reached 
 5    differently)                             24 May 2011 
    ----------------------------------------  ------------ 
 6   Date on which the issuer notified         25 May 2011 
    ----------------------------------------  ------------ 
 7   Threshold that is crossed                 3% 
    ----------------------------------------  ------------ 
 
 
 8   Notified details (ABC) 
    ----------------------- 
 
 
 A. Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------- 
 Class type 
  of shares 
  (if possible   Situation previous 
  using the       to the triggering       Resulting situation after the triggering 
  ISIN code)      transaction              transaction 
--------------  -----------------------  ---------------------------------------------------------------- 
                             Number 
                 Number of    of voting                          Number of voting       % of voting 
                 shares       rights      Number of shares        rights                 rights 
--------------  ----------  -----------  ---------------------  ---------------------  ------------------ 
                                          Direct      Indirect   Direct      Indirect   Direct   Indirect 
--------------  ----------  -----------  ----------  ---------  ----------  ---------  -------  --------- 
 Ordinary 
  Shares (0.10 
  GBP) 
  GB00B0LCW083   5,791,830   5,791,830    5,876,885      0       5,876,885      0       3.02%       0% 
--------------  ----------  -----------  ----------  ---------  ----------  ---------  -------  --------- 
 
 
 B. Qualifying Financial instruments 
---------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------- 
 Type of      Expiration   Exercise/Conversion   Number of voting      % of voting 
 financial     Date         Period/Date          rights that may be    rights 
 instrument                                      acquired if the 
                                                 instrument if 
                                                 exercised/converted 
-----------  -----------  --------------------  --------------------  ------------ 
 -            -            -                     -                     - 
-----------  -----------  --------------------  --------------------  ------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------ 
 Type of      Exercise   Expiration   Exercise/Conversion   Number of    % of voting 
 financial     Price      Date         Period/Date          voting       rights 
 instrument                                                 rights 
                                                            instrument 
                                                            refers to 
-----------  ---------  -----------  --------------------  -----------  ------------------ 
                                                                         Nominal   Delta 
-----------  ---------  -----------  --------------------  -----------  --------  -------- 
 -            -          -            -                     -            -         - 
-----------  ---------  -----------  --------------------  -----------  --------  -------- 
 
 
 Total A+B+C 
--------------------------------------------- 
 Number of Voting rights   % of voting rights 
------------------------  ------------------- 
 5,876,885                 3.02% 
------------------------  ------------------- 
 
 
 9   Chain of controlled undertakings through which the voting rights 
      and/or the financial instruments are effectively held, if applicable 
    ---------------------------------------------------------------------- 
      N/A 
    ---------------------------------------------------------------------- 
 
 
 Proxy Voting 
--------------------------------------------------------- 
 10   Name of the proxy holder                Norges Bank 
---  --------------------------------------  ------------ 
 11   Number of voting rights proxy holder    N/A 
       will cease to hold 
---  --------------------------------------  ------------ 
 12   Date on which proxy holder will cease   N/A 
       to hold voting rights 
---  --------------------------------------  ------------ 
 
 
                                  Notification using the 
                                   total voting rights figure 
 13   Additional Information       of 194,553,607 
---  --------------------------  ---------------------------- 
 14   Contact name:               Jonas Lexmark, Norges Bank 
---  --------------------------  ---------------------------- 
 15   Contact telephone number:   +47 24 07 31 34 
---  --------------------------  ---------------------------- 
 

- ENDS -

 
 
 

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 of $99 million (2009 $78 million).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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