Hutchison China Meditech Limited Notification of Dilution of Voting Rights (6557G)
November 27 2020 - 1:00AM
UK Regulatory
TIDMHCM
RNS Number : 6557G
Hutchison China Meditech Limited
27 November 2020
Notification of Dilution of Voting Rights
London: Friday, November 27, 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 November 17, 2020, Chi-Med issued a total of
16,666,670 Shares (equivalent to 3,333,334 ADSs) to Canada Pension
Plan Investment Board. Chi-Med was notified on November 26 , 2020
that this issuance diluted CK Hutchison's holding([1]) to 45.69 per
cent of the total number of voting rights of Chi-Med. The date on
which the notification threshold was crossed was November 26,
2020.
([1]) Held through CK Hutchison's indirect wholly-owned
subsidiary Hutchison Healthcare Holdings Limited.
About Chi-Med
Chi-Med (Nasdaq/AIM: HCM) is an innovative, commercial-stage,
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 nine 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 .
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
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END
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