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公告及新聞稿, 監管通知 | 2024-04-22

Vesting of awards under the Long Term Incentive Plan (只备有英文版本)

Hong Kong, Shanghai & Florham Park, NJ — Monday, April 22, 2024: HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM; SEHK:13) announces that the non-performance based awards granted under the Long Term Incentive Plan (“LTIP”) on April 20, 2020 to the following persons discharging managerial responsibilities were vested on April 20, 2024:-

Award Holder   Number of American depositary shares (“ADS”)
Mr Simon To (Executive Director) 2,3971
Dr Dan Eldar (Non-executive Director (“NED”)) 2,397
Ms Edith Shih (NED) 2,3972
Mr Paul Carter (Independent Non-executive Director (“INED”)) 2,0383
Mr Graeme Jack (INED) 2,397
Professor Tony Mok (INED) 2,397

Notes:

  • Similar to the arrangement for his Director’s fees, these ADSs were not received by Mr Simon To, but were received by or for the account of his employer, Hutchison Whampoa (China) Limited.
  • These ADSs were not received by Ms Edith Shih, but were received by or for the account of her employer, Hutchison International Limited.
  • Mr Paul Carter elected, on acceptance of the grant of his awards, to have 15% of his LTIP awards (amounting to US$7,500 with respect to his awards which vested on April 20, 2024) held on his behalf by the trustee administering the LTIP pending vesting in the form of cash, to settle his tax liabilities in respect of his awards.

The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.

 

(a) Dr Dan Eldar

1 Details of the person discharging managerial responsibilities/person closely associated

 

a)

 

Name

 

Dr Dan Eldar

2 Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

 

b)

 

Initial notification/Amendment

 

Initial notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

HUTCHMED (China) Limited

 

b)

 

LEI

 

2138006X34YDQ6OBYE79

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 the financial instrument, type of instrument

 

Identification code

 

ADS each representing five Ordinary Shares of US$0.10

 

 

 

ADS ISIN: US44842L1035

 

b)

 

Nature of the transaction

 

Vesting of awards granted on April 20, 2020 under HUTCHMED’s LTIP

 

c)

 

Price(s) and volume(s)

 

Price(s) Volume(s)
Nil 2,397 ADS
d)

 

Aggregated information

 

Aggregated volume
Price

 

N/A

 

e)

 

Date of the transaction

 

2024-04-20

 

f)

 

Place of the transaction

 

Outside a trading venue

(b) Mr Paul Carter

1 Details of the person discharging managerial responsibilities/person closely associated

 

a)

 

Name

 

Mr Paul Carter

2 Reason for the notification

 

a)

 

Position/status

 

Independent Non-Executive Director

 

b)

 

Initial notification/Amendment

 

Initial notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

HUTCHMED (China) Limited

 

b)

 

LEI

 

2138006X34YDQ6OBYE79

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 the financial instrument, type of instrument

 

Identification code

 

ADS each representing five Ordinary Shares of US$0.10

 

 

 

ADS ISIN: US44842L1035

 

b)

 

Nature of the transaction

 

Vesting of awards granted on April 20, 2020 under HUTCHMED’s LTIP

 

c)

 

Price(s) and volume(s)

 

Price(s) Volume(s)
Nil 2,038 ADS
d)

 

Aggregated information

 

Aggregated volume
Price

 

N/A

 

e)

 

Date of the transaction

 

2024-04-20

 

f)

 

Place of the transaction

 

Outside a trading venue

 

 

(c) Mr Graeme Jack

1 Details of the person discharging managerial responsibilities/person closely associated

 

a)

 

Name

 

Mr Graeme Jack

2 Reason for the notification

 

a)

 

Position/status

 

Independent Non-Executive Director

 

b)

 

Initial notification/Amendment

 

Initial notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

HUTCHMED (China) Limited

 

b)

 

LEI

 

2138006X34YDQ6OBYE79

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 the financial instrument, type of instrument

 

Identification code

 

ADS each representing five Ordinary Shares of US$0.10

 

 

 

ADS ISIN: US44842L1035

 

b)

 

Nature of the transaction

 

Vesting of awards granted on April 20, 2020 under HUTCHMED’s LTIP

 

c)

 

Price(s) and volume(s)

 

Price(s) Volume(s)
Nil 2,397 ADS
d)

 

Aggregated information

 

Aggregated volume
Price

 

N/A

 

e)

 

Date of the transaction

 

2024-04-20

 

f)

 

Place of the transaction

 

Outside a trading venue

 

 

(d) Professor Tony Mok

 

1 Details of the person discharging managerial responsibilities/person closely associated

 

a)

 

Name

 

Professor Tony Mok

2 Reason for the notification

 

a)

 

Position/status

 

Independent Non-Executive Director

 

b)

 

Initial notification/Amendment

 

Initial notification

3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

HUTCHMED (China) Limited

 

b)

 

LEI

 

2138006X34YDQ6OBYE79

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 the financial instrument, type of instrument

 

Identification code

 

ADS each representing five Ordinary Shares of US$0.10

 

 

ADS ISIN: US44842L1035

 

b)

 

Nature of the transaction

 

Vesting of awards granted on April 20, 2020 under HUTCHMED’s LTIP

 

c)

 

Price(s) and volume(s)

 

Price(s) Volume(s)
Nil 2,397 ADS
d)

 

Aggregated information

 

Aggregated volume
Price

 

N/A

 

e)

 

Date of the transaction

 

2024-04-20

 

f)

 

Place of the transaction

 

Outside a trading venue

About HUTCHMED

HUTCHMED (Nasdaq/AIM:​HCM; HKEX:​13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has approximately 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology/immunology. Since inception it has focused on bringing cancer drug candidates from in-house discovery to patients around the world, with its first three medicines marketed in China, the first of which is also marketed in the U.S. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

CONTACTS

Investor Enquiries
+852 2121 8200 / +1 973 306 4490 / ir@hutch-med.com
Media Enquiries
 
Ben Atwell / Alex Shaw, FTI Consulting +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile)   HUTCHMED@fticonsulting.com
Zhou Yi, Brunswick +852 9783 6894 (Mobile) / HUTCHMED@brunswickgroup.com
Nominated Advisor
Atholl Tweedie / Freddy Crossley / Daphne Zhang,
Panmure Gordon
+44 (20) 7886 2500