TIDMHIK

RNS Number : 4386C

Hikma Pharmaceuticals Plc

13 April 2017

Hikma Pharmaceuticals PLC - EIP Awards

LONDON, 13 April 2017: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) announces that the Remuneration Committee has made the following conditional awards and nil cost option under the Hikma Pharmaceuticals PLC 2014 Executive Incentive Plan (the "EIP") to Persons Discharging Managerial Responsibility ("PDMR") of the Company.

Awards under the EIP were made on 13 April 2017 at a price of 1,740 pence per Ordinary Share (being the average price for the 30-day period prior to 31 December 2016, in accordance with the EIP rules) as follows:

Notification and public disclosure of transactions by persons discharging managerial responsibilities

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                   Khalid Nabilsi 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status        Chief Financial Officer 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 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            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of              The Company granted the named individual 
       the transaction        above a conditional award to acquire 
                              Shares under Element B of the 2014 
                              Executive Incentive Plan (EIP). Shares 
                              under Element B EIP award will vest 
                              after 2 years. 
---  ---------------------  ----------------------------------------- 
 c)   Price(s) and           Price(s): GBP17.40 
       volume(s)              Volume(s): 26,174 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            13 April 2017 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                   Khalid Nabilsi 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status        Chief Financial Officer 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 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            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of              The Company granted the named individual 
       the transaction        above a conditional award to acquire 
                              Shares under Element C of the 2014 
                              Executive Incentive Plan (EIP). Shares 
                              under Element C EIP award will vest 
                              after 3 years. 
---  ---------------------  ----------------------------------------- 
 c)   Price(s) and           Price(s): GBP17.40 
       volume(s)              Volume(s): 23,751 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            13 April 2017 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                   Riad Mishlawi 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status        EU Vice President and Global Head 
                              of Injectables 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 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            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of              The Company granted the named individual 
       the transaction        above a nil cost option to acquire 
                              Shares under Element B of the 2014 
                              Executive Incentive Plan (EIP). Shares 
                              under Element B EIP award will vest 
                              after 2 years. 
---  ---------------------  ----------------------------------------- 
 c)   Price(s) and           Price(s): GBP17.40 
       volume(s)              Volume(s): 22,241 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            13 April 2017 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                   Riad Mishlawi 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status        EU Vice President and Global Head 
                              of Injectables 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 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            Description: Ordinary shares of 10 
       of the financial       pence each (Shares) 
       instrument,            ID Code: GB00B0LCW083 
       type of instrument 
       and identification 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of              The Company granted the named individual 
       the transaction        above a nil cost option to acquire 
                              Shares under Element C of the 2014 
                              Executive Incentive Plan (EIP). Shares 
                              under Element C EIP award will vest 
                              after 3 years. 
---  ---------------------  ----------------------------------------- 
 c)   Price(s) and           Price(s): GBP17.40 
       volume(s)              Volume(s): 20,146 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            13 April 2017 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of the           London Stock Exchange (XLON) 
       transaction 
---  ---------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 13, 2017 03:41 ET (07:41 GMT)

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