TIDMHIK

RNS Number : 4388C

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 options 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                      Majda Labadi 
---  ------------------------  ------------------------------------------------ 
 2    Reason for the notification 
---  -------------------------------------------------------------------------- 
 a)   Position/status           Corporate Vice President for Human Resources 
                                 and Head of Operations, MENA 
---  ------------------------  ------------------------------------------------ 
 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 of            Description: Ordinary shares of 10 pence each 
       the financial             (Shares) 
       instrument, type          ID Code: GB00B0LCW083 
       of instrument 
       and identification 
       code 
---  ------------------------  ------------------------------------------------ 
 b)   Nature of the             The Company granted the named individual above 
       transaction               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): 17,825 
---  ------------------------  ------------------------------------------------ 
 d)   Aggregated information    N/A 
---  ------------------------  ------------------------------------------------ 
 e)   Date of the transaction   13 April 2017 
---  ------------------------  ------------------------------------------------ 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  -------------------------------------------------------------------------- 
 a)   Name                      Majda Labadi 
---  ------------------------  ------------------------------------------------ 
 2    Reason for the notification 
---  -------------------------------------------------------------------------- 
 a)   Position/status           Corporate Vice President for Human Resources 
                                 and Head of Operations, MENA 
---  ------------------------  ------------------------------------------------ 
 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 of            Description: Ordinary shares of 10 pence each 
       the financial             (Shares) 
       instrument, type          ID Code: GB00B0LCW083 
       of instrument 
       and identification 
       code 
---  ------------------------  ------------------------------------------------ 
 b)   Nature of the             The Company granted the named individual above 
       transaction               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): 16,146 
---  ------------------------  ------------------------------------------------ 
 d)   Aggregated information    N/A 
---  ------------------------  ------------------------------------------------ 
 e)   Date of the transaction   13 April 2017 
---  ------------------------  ------------------------------------------------ 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ----------------------------------------------------------------------------- 
 a)   Name                      Susan Ringdal 
---  ------------------------  --------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------- 
 a)   Position/status           Vice President, Corporate Strategy and Investor 
                                 Relations 
---  ------------------------  --------------------------------------------------- 
 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 of            Description: Ordinary shares of 10 pence each 
       the financial             (Shares) 
       instrument, type          ID Code: GB00B0LCW083 
       of instrument 
       and identification 
       code 
---  ------------------------  --------------------------------------------------- 
 b)   Nature of the             The Company granted the named individual above 
       transaction               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): 14,031 
---  ------------------------  --------------------------------------------------- 
 d)   Aggregated information    N/A 
---  ------------------------  --------------------------------------------------- 
 e)   Date of the transaction   13 April 2017 
---  ------------------------  --------------------------------------------------- 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  --------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ----------------------------------------------------------------------------- 
 a)   Name                      Susan Ringdal 
---  ------------------------  --------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------- 
 a)   Position/status           Vice President, Corporate Strategy and Investor 
                                 Relations 
---  ------------------------  --------------------------------------------------- 
 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 of            Description: Ordinary shares of 10 pence each 
       the financial             (Shares) 
       instrument, type          ID Code: GB00B0LCW083 
       of instrument 
       and identification 
       code 
---  ------------------------  --------------------------------------------------- 
 b)   Nature of the             The Company granted the named individual above 
       transaction               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): 13,477 
---  ------------------------  --------------------------------------------------- 
 d)   Aggregated information    N/A 
---  ------------------------  --------------------------------------------------- 
 e)   Date of the transaction   13 April 2017 
---  ------------------------  --------------------------------------------------- 
 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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(END) Dow Jones Newswires

April 13, 2017 03:43 ET (07:43 GMT)

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