RNS Number : 0424G
Hikma Pharmaceuticals Plc
07 March 2024
 

Hikma Pharmaceuticals PLC - EIP Vesting

LONDON, 7 March 2024: Hikma Pharmaceuticals PLC (LSE: HIK) (NasdaqDubai: HIK) ("Hikma") (LEI: 549300BNS685UXH4JI75) announces that the following Persons Discharging Managerial Responsibility ("PDMR") have received shares as a result of the vesting of their conditional share awards which were granted on 25 February 2022 under the 2014 Executive Incentive Plan ("EIP") Element B and 25 February 2021 under the EIP Element C.

Notification and public disclosure of transactions by persons discharging managerial responsibilities

Bassam Kanaan

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bassam Kanaan

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial notification

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 the financial instrument, type of instrument and identification code

Description: Ordinary shares of 10 pence each (Shares)

ID Code: GB00B0LCW083

b)

Nature of the transaction

Shares acquired from the vesting of conditional awards under the EIP Element B and EIP Element C.

All Shares were retained.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

EIP Award, Element B: 20,588

Nil

EIP Award, Element C: 13,378

d)

Aggregated information

Price(s): nil

Volume(s): 33,966

e)

Date of the transaction

 6 March 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

Julie Hill

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 Julie Hill

2

Reason for the notification

a)

Position/status

 PDMR

b)

Initial notification /Amendment

 Initial notification

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 the financial instrument, type of instrument and identification code

 Description: Ordinary shares of 10 pence each (Shares)

 ID Code: GB00B0LCW083

b)

Nature of the transaction

Shares acquired from the vesting of conditional awards under the EIP Element B. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

5,339

d)

Aggregated information

Price(s): nil

Volume(s): 5,339

 

e)

Date of the transaction

 6 March 2024

f)

Place of the transaction

 London Stock Exchange (XLON)

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 and identification code

 Description: Ordinary shares of 10 pence each (Shares)

 ID Code: GB00B0LCW083

b)

Nature of the transaction

Shares sold to cover tax following the vesting of conditional awards under the EIP Element B. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£19.275

2,190

d)

Aggregated information

Price(s): £19.275

Volume(s): 2,190

Total(s): £42,211.36

 

e)

Date of the transaction

 6 March 2024

f)

Place of the transaction

 London Stock Exchange (XLON)

 

 

Helen Middlemist
Group Company Secretary

+44 (0)20 7399 2760

 

7 March 2024

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