TIDMHIK

RNS Number : 8588H

Hikma Pharmaceuticals Plc

12 June 2017

Hikma Pharmaceuticals PLC - Vesting of LTIP

LONDON, 12 June 2017: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) ("Hikma") (LEI: 549300BNS685UXH4JI75) announces that the following Persons Discharging Managerial Responsibility ("PDMR") have received shares as a result of the vesting of their conditional share awards on 11 June 2017 under the 2005 Long Term Incentive Plan ("LTIP") which was completed on 12 June 2017. These awards were automatically exercised by operation of the conditional award and vesting process. The exercise price under the LTIP is GBPnil.

Notification and public disclosure of transactions by persons discharging managerial responsibilities

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                   Khalid Nabilsi 
---  ---------------------  ------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status        Chief Financial Officer 
---  ---------------------  ------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                   Hikma Pharmaceuticals PLC 
---  ---------------------  ------------------------------------ 
 b)   LEI                    549300BNS685UXH4JI75 
---  ---------------------  ------------------------------------ 
 4    Details of the transaction(s): section to be 
       repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; 
       and (iv) each place where transactions have 
       been conducted 
---  ----------------------------------------------------------- 
 a)   Description            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ------------------------------------ 
 b)   Nature of              Shares acquired from vesting of the 
       the transaction        conditional awards on 11 June 2017 
                              under the LTIP. 
---  ---------------------  ------------------------------------ 
 c)   Price(s) and           Price(s): GBPnil 
       volume(s)              Volume(s): 12,842 
---  ---------------------  ------------------------------------ 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ------------------------------------ 
 e)   Date of the            12 June 2017 
       transaction 
---  ---------------------  ------------------------------------ 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                   Riad Mishlawi 
---  ---------------------  ------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status        EU Vice President and Global Head 
                              of Injectables 
---  ---------------------  ------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                   Hikma Pharmaceuticals PLC 
---  ---------------------  ------------------------------------ 
 b)   LEI                    549300BNS685UXH4JI75 
---  ---------------------  ------------------------------------ 
 4    Details of the transaction(s): section to be 
       repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; 
       and (iv) each place where transactions have 
       been conducted 
---  ----------------------------------------------------------- 
 a)   Description            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ------------------------------------ 
 b)   Nature of              Shares acquired from vesting of the 
       the transaction        conditional awards on 11 June 2017 
                              under the LTIP. 
---  ---------------------  ------------------------------------ 
 c)   Price(s) and           Price(s): GBPnil 
       volume(s)              Volume(s): 12,521 
---  ---------------------  ------------------------------------ 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ------------------------------------ 
 e)   Date of the            12 June 2017 
       transaction 
---  ---------------------  ------------------------------------ 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ------------------------------------ 
 
 
1   Details of the person discharging managerial 
     responsibilities / person closely associated 
    --------------------------------------------------------- 
a)  Name                  Michael Raya 
    --------------------  ----------------------------------- 
2   Reason for the notification 
    --------------------------------------------------------- 
a)  Position/status       CEO of West-Ward Pharmaceuticals 
    --------------------  ----------------------------------- 
b)  Initial notification  Initial notification 
     /Amendment 
    --------------------  ----------------------------------- 
3   Details of the issuer, emission allowance market 
     participant, auction platform, auctioneer or 
     auction monitor 
    --------------------------------------------------------- 
a)  Name                  Hikma Pharmaceuticals PLC 
    --------------------  ----------------------------------- 
b)  LEI                   549300BNS685UXH4JI75 
    --------------------  ----------------------------------- 
4   Details of the transaction(s): section to be 
     repeated for (i) each type of instrument; (ii) 
     each type of transaction; (iii) each date; 
     and (iv) each place where transactions have 
     been conducted 
    --------------------------------------------------------- 
a)  Description           Description: Ordinary shares of 10 
     of the financial      pence each (Shares) 
     instrument,           ID Code: GB00B0LCW083 
     type of instrument 
     and identification 
     code 
    --------------------  ----------------------------------- 
b)  Nature of             Shares acquired from vesting of the 
     the transaction       conditional awards on 11 June 2017 
                           under the LTIP. 
    --------------------  ----------------------------------- 
c)  Price(s) and          Price(s): GBPnil 
     volume(s)             Volume(s): 19,244 
    --------------------  ----------------------------------- 
d)  Aggregated             N/A 
     information 
    --------------------  ----------------------------------- 
e)  Date of the           12 June 2017 
     transaction 
    --------------------  ----------------------------------- 
f)  Place of the          London Stock Exchange (XLON) 
     transaction 
    --------------------  ----------------------------------- 
 
 
1   Details of the person discharging managerial 
     responsibilities / person closely associated 
    -------------------------------------------------------------- 
a)  Name                  Bassam Kanaan 
    --------------------  ---------------------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------- 
a)  Position/status       Chief Strategy and Corporate Development 
                           Officer 
    --------------------  ---------------------------------------- 
b)  Initial notification  Initial notification 
     /Amendment 
    --------------------  ---------------------------------------- 
3   Details of the issuer, emission allowance market 
     participant, auction platform, auctioneer or 
     auction monitor 
    -------------------------------------------------------------- 
a)  Name                  Hikma Pharmaceuticals PLC 
    --------------------  ---------------------------------------- 
b)  LEI                   549300BNS685UXH4JI75 
    --------------------  ---------------------------------------- 
4   Details of the transaction(s): section to be 
     repeated for (i) each type of instrument; (ii) 
     each type of transaction; (iii) each date; 
     and (iv) each place where transactions have 
     been conducted 
    -------------------------------------------------------------- 
a)  Description           Description: Ordinary shares of 10 
     of the financial      pence each (Shares) 
     instrument,           ID Code: GB00B0LCW083 
     type of instrument 
     and identification 
     code 
    --------------------  ---------------------------------------- 
b)  Nature of             Shares acquired from vesting of the 
     the transaction       conditional awards on 11 June 2017 
                           under the LTIP. 
    --------------------  ---------------------------------------- 
c)  Price(s) and          Price(s): GBPnil 
     volume(s)             Volume(s): 20,341 
    --------------------  ---------------------------------------- 
d)  Aggregated            N/A 
     information 
    --------------------  ---------------------------------------- 
e)  Date of the           12 June 2017 
     transaction 
    --------------------  ---------------------------------------- 
f)  Place of the          London Stock Exchange (XLON) 
     transaction 
    --------------------  ---------------------------------------- 
 
 
1   Details of the person discharging managerial 
     responsibilities / person closely associated 
    --------------------------------------------------------- 
a)  Name                  Majda Labadi 
    --------------------  ----------------------------------- 
2   Reason for the notification 
    --------------------------------------------------------- 
a)  Position/status       Corporate Vice President for Human 
                           Resources and Head of Operations, 
                           MENA 
    --------------------  ----------------------------------- 
b)  Initial notification  Initial notification 
     /Amendment 
    --------------------  ----------------------------------- 
3   Details of the issuer, emission allowance market 
     participant, auction platform, auctioneer or 
     auction monitor 
    --------------------------------------------------------- 
a)  Name                  Hikma Pharmaceuticals PLC 
    --------------------  ----------------------------------- 
b)  LEI                   549300BNS685UXH4JI75 
    --------------------  ----------------------------------- 
4   Details of the transaction(s): section to be 
     repeated for (i) each type of instrument; (ii) 
     each type of transaction; (iii) each date; 
     and (iv) each place where transactions have 
     been conducted 
    --------------------------------------------------------- 
a)  Description           Description: Ordinary shares of 10 
     of the financial      pence each (Shares) 
     instrument,           ID Code: GB00B0LCW083 
     type of instrument 
     and identification 
     code 
    --------------------  ----------------------------------- 
b)  Nature of             Shares acquired from vesting of the 
     the transaction       conditional awards on 11 June 2017 
                           under the LTIP. 
    --------------------  ----------------------------------- 
c)  Price(s) and          Price(s): GBPnil 
     volume(s)             Volume(s): 9,879 
    --------------------  ----------------------------------- 
d)  Aggregated            N/A 
     information 
    --------------------  ----------------------------------- 
e)  Date of the           12 June 2017 
     transaction 
    --------------------  ----------------------------------- 
f)  Place of the          London Stock Exchange (XLON) 
     transaction 
    --------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 12, 2017 11:31 ET (15:31 GMT)

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