Hutchmed (China) Limited Vesting of awards under Long Term Incentive Plan (1637E)
09 Mars 2022 - 9:30AM
UK Regulatory
TIDMHCM
RNS Number : 1637E
Hutchmed (China) Limited
09 March 2022
Vesting of awards under the Long Term Incentive Plan
Hong Kong, Shanghai & Florham Park, NJ - Wednesday, March 9,
2022: HUTCHMED (China) Limited ("HUTCHMED") (Nasdaq/AIM: HCM;
SEHK:13) announces that following the announcement of the 2021
annual results of HUTCHMED on March 3, 2022, the following awards
granted under the Long Term Incentive Plan ("LTIP") on March 15,
2017 and April 20, 2020 to Dr Weiguo Su and Mr Johnny Cheng were
vested on March 8, 2022:-
Number of American
depositary shares
Award Holders ("ADS")
Person Discharging Managerial Responsibilities
Dr Weiguo Su (Executive Director, Chief Executive
Officer and Chief Scientific Officer) 18,770
Mr Johnny Cheng (Executive Director and Chief Financial
Officer) 4,198
Total 22,968
===================
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation.
(a) Dr Weiguo Su
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Dr Weiguo Su
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Executive Director, Chief Executive Officer and Chief
Scientific Officer
------------------------------------------------------- -------------------------------------------------------
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 ADS each representing five Ordinary Shares of US$0.10
instrument ADS ISIN: US44842L1035
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction (i) Vesting of awards granted on March 15, 2017 under
HUTCHMED's LTIP
(ii) Vesting of awards granted on April 20, 2020
under HUTCHMED's LTIP
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
( i) Nil 3,754 ADS
--------- -----------
(ii) Nil 15,016 ADS
--------- -----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2022-03-08
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------- -------------------------------------------------------
(b) Mr Johnny Cheng
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Mr Johnny Cheng
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Executive Director and Chief Financial Officer
------------------------------------------------------- -------------------------------------------------------
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 ADS each representing five Ordinary Shares of US$0.10
instrument ADS ISIN: US44842L1035
Identification code
------------------------------------------------------- -------------------------------------------------------
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 4,198 ADS
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2022-03-08
------------------------------------------------------- -------------------------------------------------------
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 more than 4,600 personnel across all
its companies, at the center of which is a team of about 1,500 in
oncology/immunology. Since inception it has advanced 12 cancer drug
candidates from in-house discovery into clinical studies around the
world, with its first three oncology drugs now approved and
marketed in China. For more information, please visit:
www.hutch--med.com or follow us on LinkedIn.
CONTACTS
Investor Enquiries
Mark Lee, Senior Vice President +852 2121 8200
Annie Cheng, Vice President +1 (973) 567 3786
Media Enquiries
Americas - Brad Miles, +1 (917) 570 7340 (Mobile)
Solebury Trout bmiles@troutgroup.com
Europe - Ben Atwell / Alex Shaw, +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile)
FTI Consulting HUTCHMED@fticonsulting.com
Asia - Zhou Yi, +852 97 83 6894 (Mobile)
Brunswick HUTCHMED@brunswickgroup.com
Nominated Advisor
Atholl Tweedie / Freddy Crossley,
Panmure Gordon (UK) Limited +44 (20) 7886 2500
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END
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