Hutchison China Meditech Limited Grant of Share Options under Share Option Scheme (8572Z)
May 22 2019 - 5:03AM
UK Regulatory
TIDMHCM
RNS Number : 8572Z
Hutchison China Meditech Limited
22 May 2019
Grant of Share Options under Share Option Scheme
London: Wednesday, May 22, 2019: Hutchison China MediTech
Limited ("Chi-Med") (AIM/Nasdaq: HCM) announces that on May 21,
2019, it granted share options under the Share Option Scheme
conditionally adopted by Chi-Med at its Annual General Meeting in
2015 (the "2015 HCML Share Option Scheme").
Chi-Med granted 18,000 share options under its 2015 HCML Share
Option Scheme to certain employees to subscribe for Ordinary Shares
subject to the acceptance of the grantees. Details of such share
options granted prescribed are as follows:
Date of grant : May 21, 2019
Exercise price of share options : GBP42.20 per Ordinary Share
granted
Number of share options granted : 18,000 (each share option shall
entitle the holder thereof to subscribe
for one Ordinary Share)
Closing market price of Ordinary : GBP42.20 per Ordinary Share
Shares on the date of grant
Validity period of the share : From May 21, 2019 to May 20, 2029
options
About Chi-Med
Chi-Med (AIM/Nasdaq: HCM) is an innovative biopharmaceutical
company which researches, develops, manufactures and markets
pharmaceutical products. Its Innovation Platform, Hutchison
MediPharma, has about 420 scientists and staff focusing on
discovering, developing and commercializing targeted therapeutics
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. Chi-Med's
Commercial Platform manufactures, markets, and distributes
prescription drugs and consumer health products, covering an
extensive network of hospitals across China.
Dual-listed on the AIM market of the London Stock Exchange and
the Nasdaq Global Select Market, Chi-Med is headquartered in Hong
Kong and majority owned by the multinational conglomerate CK
Hutchison Holdings Limited (SEHK: 1). For more information, please
visit: www.chi-med.com.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve risks and uncertainties. Existing and
prospective investors are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
hereof. For further discussion of these and other risks, see
Chi-Med's filings with the U.S. Securities and Exchange Commission
and on AIM. Chi-Med undertakes no obligation to update or revise
the information contained in this announcement, whether as a result
of new information, future events or circumstances or
otherwise.
CONTACTS
Investor Enquiries
Mark Lee, Senior Vice President, Corporate Finance & Development +852 2121 8200
Annie Cheng, Vice President, Corporate Finance & Development +1 (973) 567 3786
David Dible, Citigate Dewe Rogerson +44 7967 566 919 (Mobile)
david.dible@citigatedewerogerson.com
Xuan Yang, Solebury Trout +1 (415) 971 9412 (Mobile)
xyang@troutgroup.com
Media Enquiries
UK & Europe - Anthony Carlisle, Citigate Dewe Rogerson +44 7973 611 888 (Mobile)
anthony.carlisle@cdrconsultancy.co.uk
Americas - Brad Miles, Solebury Trout +1 (917) 570 7340 (Mobile)
bmiles@troutgroup.com
Hong Kong & Asia ex-China - Joseph Chi Lo, Brunswick +852 9850 5033 (Mobile)
- Zhou Yi, Brunswick jlo@brunswickgroup.com
+852 9783 6894 (Mobile)
yzhou@brunswickgroup.com
Mainland China - Sam Shen, Edelman +86 1367 179 1029 (Mobile)
sam.shen@edelman.com
Nominated Advisor
Richard Gray / Atholl Tweedie, Panmure Gordon (UK) Limited +44 (20) 7886 2500
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END
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