TIDMHCM

RNS Number : 2733S

Hutchmed (China) Limited

08 March 2023

Director's Share Dealing

Hong Kong, Shanghai & Florham Park, NJ - Wednesday, March 8, 2023: HUTCHMED (China) Limited (" HUTCHMED " or the "Company") (Nasdaq/AIM: HCM; SEHK:13) has received notifications that Mr Johnny Cheng, Executive Director and Chief Financial Officer, sold a total of 1,300,000 Ordinary Shares of US$0.10 each of the Company at an average price of HK$27.073 per Ordinary Shares on March 3, 2023 and March 6, 2023.

Following the above sale of 1,300,000 Ordinary Shares, the holding of Mr Cheng is 1,261,460 Ordinary Shares and 274,493 ADSs (Note) , representing approximately 0.3% of the current issued share capital of the Company.

Note: 274,493 ADSs included (i) 41,552 ADSs currently held by Mr Cheng, (ii) 217,800 ADSs granted under Share Option Scheme and (iii) 15,141 ADSs as beneficiary of a trust under long term incentive plan.

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

 
 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              Ordinary Shares of US$0.10 each 
          instrument, type of instrument 
 
          Identification code                       DI ISIN: KYG4672N1198 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   b)      Nature of the transaction               Sale of 830,000 Ordinary Shares on March 3, 2023 at an average 
                                                   price of HK$27.101. 
        ---------------------------------------  ------------------------------------------------------------------- 
 
                                                  Price(s)                   Volume(s) 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.850                  50,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.950                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.000                  110,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.005                  50,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.015                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.016                  40,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.027                  30,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.050                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.091                  200,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.100                  50,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.113                  100,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.150                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.200                  30,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.300                  40,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.450                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.500                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.656                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.700                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
 c)      Price(s) and volume(s) 
        ---------------------------------------  -------------------------  -------------------------------------- 
 
   d)      Aggregated information                   Aggregated volume: 830,000 Ordinary Shares 
           -  Aggregated volume                     Price information: HK$22,494,120 
           -  Price 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   e)      Date of the transaction                  2023-03-03 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   f)      Place of the transaction                 Hong Kong Stock Exchange 
        ---------------------------------------  ------------------------------------------------------------------- 
 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              Ordinary Shares of US$0.10 each 
          instrument, type of instrument 
 
          Identification code                       DI ISIN: KYG4672N1198 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   b)      Nature of the transaction               Sale of 470,000 Ordinary Shares on March 6, 2023 at an average 
                                                   price of HK$27.022. 
        ---------------------------------------  ------------------------------------------------------------------- 
 
                                                  Price(s)                   Volume(s) 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.850                  30,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.900                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.908                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$26.950                  70,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.000                  50,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.050                  68,500 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.060                  200,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.100                  20,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.250                  10,000 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
                                                  HK$27.300                  1,500 Ordinary Shares 
                                                 -------------------------  -------------------------------------- 
 c)      Price(s) and volume(s) 
        ---------------------------------------  -------------------------  -------------------------------------- 
 
   d)      Aggregated information                   Aggregated volume: 470,000 Ordinary Shares 
           -  Aggregated volume                     Price information: HK$12,700,455 
           -  Price 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   e)      Date of the transaction                  2023-03-06 
        ---------------------------------------  ------------------------------------------------------------------- 
 
   f)      Place of the transaction                 Hong Kong Stock Exchange 
        ---------------------------------------  ------------------------------------------------------------------- 
 

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 5,000 personnel across all its companies, at the center of which is a team of about 1,800 in oncology/immunology. Since inception, HUTCHMED has focused on bringing cancer drug candidates from in-house discovery to patients 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) 306 4490 
 
Media Enquiries 
Americas - Brad Miles, Solebury Trout             +1 (917) 570 7340 (Mobile) 
                                                   bmiles@soleburystrat.com 
Europe - Ben Atwell / Alex Shaw, FTI Consulting   +44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 
                                                  (Mobile) 
                                                  HUTCHMED@fticonsulting.com 
Asia - Zhou Yi, Brunswick                         +852 9783 6894 (Mobile) 
                                                   HUTCHMED@brunswickgroup.com 
 
Nominated Advisor 
Atholl Tweedie / Freddy Crossley, 
 Panmure Gordon (UK) Limited                      +44 (20) 7886 2500 
 

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March 08, 2023 03:30 ET (08:30 GMT)

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