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REG - Hikma Pharmaceutical - Director/PDMR Shareholding

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RNS Number : 8299E  Hikma Pharmaceuticals Plc  15 March 2022

 

Hikma Pharmaceuticals PLC - EIP C Vesting

LONDON, 15 March 2022: 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 which were granted on
12 March 2019 under the 2014 Executive Incentive Plan ("EIP") Element C.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities

Said Darwazah

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Said Darwazah
 2   Reason for the notification
 a)  Position/status                                                                 Executive Chairman
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 38,862
 d)  Aggregated information

     -       Volume

     -       Price                                                                   38,862

                                                                                     £0.00

     -       Total                                                                   £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Siggi Olafsson

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Sigurdur Olafsson
 2   Reason for the notification
 a)  Position/status                                                                 Chief Executive 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  16,299 Shares were sold to cover tax
                                                                                     and the remainder were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 26,377

                                                                                     Price(s): £19.88

                                                                                     Volume(s): 16,299
 d)  Aggregated information

     -       Volume

     -       Price                                                                   42,676

                                                                                     £19.88

     -       Total                                                                   £324,024.12
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Siggi Olafsson

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Sigurdur Olafsson
 2   Reason for the notification
 a)  Position/status                                                                 Chief Executive 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       The Company granted the named individual above a conditional award to acquire
                                                                                     Shares under a bespoke arrangement in respect of the first year of service
                                                                                     only that operates on the same basis as Element C of the 2014 Executive
                                                                                     Incentive Plan (EIP). 27,498 Shares were sold to cover tax and the remainder
                                                                                     were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 44,502

                                                                                     Price(s): £19.88

                                                                                     Volume(s): 27,498
 d)  Aggregated information

     -       Volume

     -       Price                                                                   72,000

                                                                                     £19.88

     -       Total                                                                   £546,660.24
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Mazen Darwazah

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Mazen Darwazah
 2   Reason for the notification
 a)  Position/status                                                                 Executive Vice Chairman
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 26,514
 d)  Aggregated information

     -       Volume

     -       Price                                                                   26,514

                                                                                     £0.00

     Total                                                                           £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Riad Mishlawi

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Riad Mishlawi
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 23,030
 d)  Aggregated information

     -       Volume

     -       Price                                                                   23,030

                                                                                     £0.00

     -       Total                                                                   £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Majda Labadi

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Majda Labadi
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 12,064
 d)  Aggregated information

     -       Volume

     -       Price                                                                   12,064

                                                                                     £0.00

     -       Total                                                                   £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Bassam Kanaan

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Bassam Kanaan
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 19,195
 d)  Aggregated information

     -       Volume

     -       Price                                                                   19,195

                                                                                     £0.00

     -       Total                                                                   £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

Khalid Nabilsi

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Khalid Nabilsi
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  All Shares were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 17,710
 d)  Aggregated information

     -       Volume

     -       Price                                                                   17,710

                                                                                     £0.00

     -       Total                                                                   £0.00
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

 

Brian Hoffmann

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Brian Hoffmann
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C. 4,310 Shares were sold to cover tax and
                                                                                     the remainder were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 6,975

                                                                                     Price(s): £19.88

                                                                                     Volume(s): 4,310
 d)  Aggregated information

     -       Volume

     -       Price                                                                   11,285

                                                                                     £19.88

     -       Total                                                                   £85,682.80
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

 

Susan Ringdal

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Susan Ringdal
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  4,820 Shares were sold to cover tax
                                                                                     and the remainder were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 5,383

                                                                                     Price(s): £19.88

                                                                                     Volume(s): 4,820
 d)  Aggregated information

     -       Volume

     -       Price                                                                   10,203

                                                                                     £19.88

     -       Total                                                                   £95,821.60
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

 

Henriette Nielsen

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Henriette Nielsen
 2   Reason for the notification
 a)  Position/status                                                                 PDMR
 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  Description: Ordinary shares of 10 pence each (Shares)
     code

                                                                                     ID Code: GB00B0LCW083
 b)  Nature of the transaction                                                       Shares acquired from the vesting of conditional awards on

14 March 2022 under the EIP Element C.  2,670 Shares were sold to cover tax
                                                                                     and the remainder were retained.
 c)  Price(s) and volume(s)                                                          Price(s): £nil

                                                                                     Volume(s): 4,320

                                                                                     Price(s): £19.88

                                                                                     Volume(s): 2,670
 d)  Aggregated information

     -       Volume

     -       Price                                                                   6,990

                                                                                     £19.88

     -       Total                                                                   £53,079.60
 e)  Date of the transaction                                                         14 March 2022
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

 

 

Peter Speirs

Company Secretary, responsible for releasing this announcement

+44 (0) 20 7399 2760

15 March 2022

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