TIDMHIK

RNS Number : 1116Z

Hikma Pharmaceuticals Plc

11 March 2012

Notification of Major Interests in Shares

LONDON, 11 March 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      8 March 2012 
      which the threshold crossed is reached 
      differently) 
    ----------------------------------------  ------------------------ 
 6   Date on which the issuer notified         9 March 2012 
    ----------------------------------------  ------------------------ 
 7   Threshold that is crossed                 3% 
    ----------------------------------------  ------------------------ 
 
 
 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    5,889,282    5,889,282    5,874,223      0         0      5,874,223     0%      2.99% 
                 -----------  -----------  ----------  ---------  -------  ----------  -------  --------- 
 
 
 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 
                          ------------------- 
 5,874,223                 2.99% 
                          ------------------- 
 
 
 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

END

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