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RNS Number : 1637E Hutchmed (China) Limited 09 March 2022
Vesting of awards under the Long Term Incentive Plan
Hong Kong, Shanghai & Florham Park, NJ - Wednesday, March 9, 2022:
HUTCHMED (China) Limited ("HUTCHMED (https://www.hutch-med.com/) ")
(Nasdaq/AIM: HCM; SEHK:13) announces that following the announcement of the
2021 annual results of HUTCHMED on March 3, 2022, the following awards granted
under the Long Term Incentive Plan ("LTIP") on March 15, 2017 and April 20,
2020 to Dr Weiguo Su and Mr Johnny Cheng were vested on March 8, 2022:-
Award Holders Number of American depositary shares ("ADS")
Person Discharging Managerial Responsibilities
Dr Weiguo Su (Executive Director, Chief Executive Officer and Chief Scientific 18,770
Officer)
Mr Johnny Cheng (Executive Director and Chief Financial Officer) 4,198
Total 22,968
The notifications set out below are provided in accordance with the
requirements of the EU Market Abuse Regulation.
(a) Dr Weiguo Su
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Dr Weiguo Su
2 Reason for the notification
a) Position/status Executive Director, Chief Executive Officer and Chief Scientific Officer
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name HUTCHMED (China) Limited
b) LEI 2138006X34YDQ6OBYE79
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 ADS each representing five Ordinary Shares of US$0.10
Identification code
ADS ISIN: US44842L1035
b) Nature of the transaction (i) Vesting of awards granted on March 15, 2017 under HUTCHMED's LTIP
(ii) Vesting of awards granted on April 20, 2020 under HUTCHMED's LTIP
Price(s) Volume(s)
c) Price(s) and volume(s) (i) Nil 3,754 ADS
(ii) Nil 15,016 ADS
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2022-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2022-03-08
f)
Place of the transaction
Outside a trading venue
(b) Mr Johnny Cheng
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Mr Johnny Cheng
2 Reason for the notification
a) Position/status Executive Director and 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 HUTCHMED (China) Limited
b) LEI 2138006X34YDQ6OBYE79
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 ADS each representing five Ordinary Shares of US$0.10
Identification code
ADS ISIN: US44842L1035
b) Nature of the transaction Vesting of awards granted on April 20, 2020 under HUTCHMED's LTIP
Price(s) Volume(s)
c) Price(s) and volume(s) Nil 4,198 ADS
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2022-03-08
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2022-03-08
f)
Place of the transaction
Outside a trading venue
About HUTCHMED
HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) is an innovative, commercial-stage,
biopharmaceutical company. It is committed to the discovery and global
development and commercialization of targeted therapies and immunotherapies
for the treatment of cancer and immunological diseases. It has more than 4,600
personnel across all its companies, at the center of which is a team of about
1,500 in oncology/immunology. Since inception it has advanced 12 cancer drug
candidates from in-house discovery into clinical studies around the world,
with its first three oncology drugs now approved and marketed in China. For
more information, please visit: www.hutch‑med.com
(https://www.hutch-med.com/) or follow us on LinkedIn
(https://www.linkedin.com/company/hutchmed/) .
CONTACTS
Investor Enquiries
Mark Lee, Senior Vice President +852 2121 8200
Annie Cheng, Vice President +1 (973) 567 3786
Media Enquiries
Americas - Brad Miles, +1 (917) 570 7340 (Mobile)
Solebury Trout bmiles@troutgroup.com (mailto:bmiles@troutgroup.com)
Europe - Ben Atwell / Alex Shaw, +44 20 3727 1030 / +44 7771 913 902 (Mobile) /
FTI Consulting +44 7779 545 055 (Mobile)
HUTCHMED@fticonsulting.com (mailto:HUTCHMED@fticonsulting.com)
Asia - Zhou Yi, +852 9783 6894 (Mobile)
Brunswick HUTCHMED@brunswickgroup.com (mailto:HUTCHMED@brunswickgroup.com)
Nominated Advisor
Atholl Tweedie / Freddy Crossley, +44 (20) 7886 2500
Panmure Gordon (UK) Limited
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