Holding(s) in Company (6895W)

TIDMHIK

RNS Number : 6895W

Hikma Pharmaceuticals Plc

02 February 2012

Notification of Major Interests in Shares

LONDON, 2 February 2012 - 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 
    -------------------------------------------------  ---- 
 
 
 3   Full name of the person subject to the    Artio Global Management 
      notification obligation                   LLC 
    ----------------------------------------  ------------------------ 
 4   Full name of shareholders                 N/A 
    ----------------------------------------  ------------------------ 
 5   Date of the Transaction (and date on      31 January 2012 
      which the threshold crossed is reached 
      differently) 
    ----------------------------------------  ------------------------ 
 6   Date on which the issuer notified         2 February 2012 
    ----------------------------------------  ------------------------ 
 7   Threshold that is crossed                 4% 
    ----------------------------------------  ------------------------ 
 
 
 8   Notified details (ABC) 
    ----------------------- 
 
 
 A. Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------- 
 Class type       Situation previous        Resulting situation after the triggering 
  of shares        to the triggering         transaction 
  (if possible     transaction 
  using the 
  ISIN code) 
---------------  ------------------------  -------------------------------------------------------------- 
                  Number       Number       Number of shares       Number of voting     % of voting 
                   of shares    of voting                           rights               rights 
                                rights 
---------------  -----------  -----------  ---------------------  -------------------  ------------------ 
                                            Direct      Indirect   Direct   Indirect    Direct   Indirect 
---------------  -----------  -----------  ----------  ---------  -------  ----------  -------  --------- 
 Ordinary 
  Shares (0.10 
  GBP) 
  GB00B0LCW083    8,289,298    8,289,298    6,986,392      0         0      6,986,392     0%      3.57% 
---------------  -----------  -----------  ----------  ---------  -------  ----------  -------  --------- 
 
 
 B. Qualifying Financial instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/Conversion   Number of voting          % of voting rights 
  instrument          Date         Period/Date           rights that may 
                                                         be 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 voting     % of voting rights 
  financial     Price      Date         Period/Date           rights instrument 
  instrument                                                  refers to 
------------  ---------  -----------  --------------------  -------------------  --------------------- 
                                                                                  Nominal      Delta 
------------  ---------  -----------  --------------------  -------------------  -----------  -------- 
 -             -          -            -                     -                    -            - 
------------  ---------  -----------  --------------------  -------------------  -----------  -------- 
 
 
 Total A+B+C 
--------------------------------------------- 
 Number of Voting rights   % of voting rights 
------------------------  ------------------- 
 6,986,392                 3.57% 
------------------------  ------------------- 
 
 
 9   Chain of controlled undertakings through which the voting rights 
      and/or the financial instruments are effectively held, if applicable 
    --------------------------------------------------------------------------------------- 
      Artio Global Management LLC acts as investment manager exercising proxy voting rights 
       on behalf 
       of independent beneficial owners. 
    --------------------------------------------------------------------------------------- 
 
 
 Proxy Voting 
--------------------------------------------------------------------- 
 10   Name of the proxy holder                Artio Global Management 
                                               LLC 
---  --------------------------------------  ------------------------ 
 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 
---  --------------------------------------  ------------------------ 
 
 
 13   Additional Information 
---  --------------------------  -------------------------- 
 14   Contact name:               Donald Delano 
                                   Chief Compliance Officer 
---  --------------------------  -------------------------- 
 15   Contact telephone number:   +1 (212) 297 3628 
---  --------------------------  --------------------------

- 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

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