REG - Hikma Pharmaceutical - Director/PDMR Shareholding <Origin Href="QuoteRef">HIK.L</Origin>
RNS Number : 8588HHikma Pharmaceuticals Plc12 June 2017Hikma 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 nil.
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 /Amendment
Initial notification
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 of the financial instrument, type of instrument and identification code
Description: Ordinary shares of 10 pence each (Shares)
ID Code: GB00B0LCW083
b)
Nature of the transaction
Shares acquired from vesting of the conditional awards on 11 June 2017 under the LTIP.
c)
Price(s) and volume(s)
Price(s): nil
Volume(s): 12,842
d)
Aggregated information
N/A
e)
Date of the transaction
12 June 2017
f)
Place of the transaction
London Stock Exchange (XLON)
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 ofInjectables
b)
Initial notification /Amendment
Initial notification
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 of the financial instrument, type of instrument and identification code
Description: Ordinary shares of 10 pence each (Shares)
ID Code: GB00B0LCW083
b)
Nature of the transaction
Shares acquired from vesting of the conditional awards on 11 June 2017 under the LTIP.
c)
Price(s) and volume(s)
Price(s): nil
Volume(s): 12,521
d)
Aggregated information
N/A
e)
Date of the transaction
12 June 2017
f)
Place of the transaction
London Stock Exchange (XLON)
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 /Amendment
Initial notification
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 of the financial instrument, type of instrument and identification code
Description: Ordinary shares of 10 pence each (Shares)
ID Code: GB00B0LCW083
b)
Nature of the transaction
Shares acquired from vesting of the conditional awards on 11 June 2017 under the LTIP.
c)
Price(s) and volume(s)
Price(s): nil
Volume(s): 19,244
d)
Aggregated information
N/A
e)
Date of the transaction
12 June 2017
f)
Place of the transaction
London Stock Exchange (XLON)
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 /Amendment
Initial notification
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 of the financial instrument, type of instrument and identification code
Description: Ordinary shares of 10 pence each (Shares)
ID Code: GB00B0LCW083
b)
Nature of the transaction
Shares acquired from vesting of the conditional awards on 11 June 2017 under the LTIP.
c)
Price(s) and volume(s)
Price(s): nil
Volume(s): 20,341
d)
Aggregated information
N/A
e)
Date of the transaction
12 June 2017
f)
Place of the transaction
London Stock Exchange (XLON)
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 /Amendment
Initial notification
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 of the financial instrument, type of instrument and identification code
Description: Ordinary shares of 10 pence each (Shares)
ID Code: GB00B0LCW083
b)
Nature of the transaction
Shares acquired from vesting of the conditional awards on 11 June 2017 under the LTIP.
c)
Price(s) and volume(s)
Price(s): nil
Volume(s): 9,879
d)
Aggregated information
N/A
e)
Date of the transaction
12 June 2017
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBUGDLCDBBGRD
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