Hutchison China Meditech Limited Notification of Dilution of Voting Rights (1450S)
July 07 2020 - 1:00AM
UK Regulatory
TIDMHCM
RNS Number : 1450S
Hutchison China Meditech Limited
07 July 2020
Notification of Dilution of Voting Rights
London: Tuesday, July 7, 2020 : Hutchison China MediTech Limited
("Chi-Med") (Nasdaq/AIM: HCM) was notified that CK Hutchison
Holdings Limited (" CK Hutchison ") shareholding(1) in Chi-Med
remains unchanged, at 332,478,770 ordinary shares of par value
US$0.10 each in the capital of Chi-Med ("Shares").
Each American Depositary Share ("ADS") represents five Shares.
As announced on June 25, 2020, Chi-Med issued a total of 20,000,000
Shares (equivalent to 4,000,000 ADSs) to General Atlantic . Chi-Med
was notified on July 6, 2020 that this issuance diluted CK
Hutchison's holding(1) to 46.79 per cent of the total number of
voting rights of Chi-Med. The date on which the notification
threshold was crossed was July 3, 2020.
About CK Hutchison
Listed on The Stock Exchange of Hong Kong Limited, CK Hutchison
is a renowned multinational conglomerate committed to innovation
and technology with businesses spanning the globe. With operations
in about 50 countries and over 300,000 employees worldwide, CK
Hutchison has five core businesses - ports and related services,
retail, infrastructure, energy and telecommunications.
CK Hutchison reported turnover of approximately HK$440 billion
(US$56 billion) for the year ended 31 December 2019.
For more information, please visit www.ckh.com.hk.
About Chi-Med
Chi-Med (Nasdaq/AIM: HCM) is an innovative biopharmaceutical
company committed, over the past twenty years, to the discovery and
global development of targeted therapies and immunotherapies for
the treatment of cancer and immunological diseases. It has a
portfolio of eight cancer drug candidates currently in clinical
studies around the world and extensive commercial infrastructure in
its home market of China. For more information, please visit:
www.chi-med.com.
([1]) Held through CK Hutchison's indirect wholly-owned
subsidiary Hutchison Healthcare Holdings Limited.
CONTACTS
Investor Enquiries
Mark Lee, Senior Vice President +852 2121 8200
Annie Cheng, Vice President +1 (973) 567 3786
Media Enquiries
Americas - Brad Miles, Solebury Trout +1 (917) 570 7340 (Mobile)
bmiles@troutgroup.com
Europe - Ben Atwell / Alex Shaw, FTI Consulting +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779
545 055 (Mobile)
Chi-Med@fticonsulting.com
Asia - Joseph Chi Lo / Zhou Yi, Brunswick +852 9850 5033 (Mobile), jlo@brunswickgroup.com / +852 97
83 6894 (Mobile), y zhou@brunswickgroup.com
Nominated Advisor
Freddy Crossley / Atholl Tweedie, Panmure Gordon (UK)
Limited +44 (20) 7886 2500
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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