TIDMHIK

RNS Number : 6169A

Hikma Pharmaceuticals Plc

27 March 2017

Notification of major interests in shares

LONDON, 27 March 2017 - Hikma Pharmaceuticals PLC ("Hikma") (LSE: HIK) (DIFX: HIK), the fast growing multinational pharmaceuticals group, announces as follows:

 
 1   Identity of the issuer or the    Hikma Pharmaceuticals 
      underlying issuer of existing    PLC 
      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                  The Capital Group Companies, 
                   to the notification obligation                   Inc. 
---------------  -----------------------------------------------  --------------------------------- 
 4                Full name of shareholders                        Refer to section 9 
---------------  -----------------------------------------------  --------------------------------- 
 5                Date of the Transaction (and                     23 March 2017 
                   date on which the threshold 
                   crossed is reached differently) 
---------------  -----------------------------------------------  --------------------------------- 
 6                Date on which the issuer notified                24 March 2017 
---------------  -----------------------------------------------  --------------------------------- 
 7                Threshold that is crossed                        Below 10% 
---------------  -----------------------------------------------  --------------------------------- 
 8                Notified details                                 See A, B & C below 
---------------  -----------------------------------------------  --------------------------------- 
 
 A. Voting rights attached to shares 
--------------------------------------------------------------------------------------------------- 
 Class type        Situation previous        Resulting situation after the 
  of shares         to the triggering         triggering transaction 
  (if possible      transaction 
  using the 
  ISIN code) 
----------------  ------------------------  ------------------------------------------------------- 
                   Number       Number       Number       Number of voting       % of voting 
                    of shares    of voting    of shares    rights                 rights 
                                 rights 
---------------   -----------  -----------  -----------  ---------------------  ------------------- 
                                             Direct       Direct   Indirect      Direct    Indirect 
---------------   -----------  -----------  -----------  -------  ------------  --------  --------- 
 Ordinary 
  Shares 
  (0.10 GBP) 
  GB00B0LCW083     24,341,425   24,341,425                         23,746,378              9.8954% 
----------------  -----------  -----------  -----------  -------  ------------  --------  --------- 
 
 
 
 B. Qualifying Financial instruments 
--------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/Conversion   Number of                 % of voting 
  financial     Date         Period/Date           voting rights             rights 
  instrument                                       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        % of voting 
  financial     Price      Date         Period/Date           voting rights    rights 
  instrument                                                  instrument 
                                                              refers to 
------------  ---------  -----------  --------------------  ---------------  ---------------- 
                                                                              Nominal   Delta 
------------  ---------  -----------  --------------------  ---------------  --------  ------ 
 -             -          -            -                     -                -         - 
------------  ---------  -----------  --------------------  ---------------  --------  ------ 
 
 
 Total A+B+C 
--------------------------------------------- 
 Number of Voting rights   % of voting rights 
------------------------  ------------------- 
       23,746,378               9.8954% 
------------------------  ------------------- 
 
 
 9   Chain of controlled undertakings through which 
      the voting rights and/or the financial instruments 
      are effectively held, if applicable 
    --------------------------------------------------------------------------------------- 
                                                             Number of    Percent 
                                                                Shares       of Outstanding 
         The Capital Group Companies, Inc. ("CG") holdings     23,746,378       9.8954% 
 
         Holdings by CG Management Companies and Funds: 
         -- Capital Research and Management Company            23,746,378   9.8954% 
    --------------------------------------------------------------------------------------- 
 
 
 Proxy Voting 
----------------------------------------- 
 10   Name of the proxy holder        N/A 
---  ------------------------------  ---- 
 11   Number of voting rights proxy 
       holder will cease to hold: 
---  ------------------------------  ---- 
 12   Date on which proxy holder 
       will cease to hold voting 
       rights: 
---  ------------------------------  ---- 
 
 
 13   Additional Information 
---  --------------------------  -------------------- 
 14   Contact name:               Henry Lin 
---  --------------------------  -------------------- 
 15   Contact telephone number:   +001 (213) 615-0469 
---  --------------------------  -------------------- 
 

- ENDS -

 
 
 

About Hikma

Hikma Pharmaceuticals PLC is a fast growing pharmaceutical group focused on developing, manufacturing and marketing a broad range of both branded and non-branded generic and in-licensed products. Hikma's operations are conducted through three businesses: "Branded", "Injectables" and "Generics" based primarily in the Middle East and North Africa ("MENA") region, where it is a market leader, the United States and Europe. In 2016, Hikma achieved revenues of $1,950 million and profit attributable to shareholders of $155 million.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 27, 2017 06:13 ET (10:13 GMT)

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