Hikma Pharmaceuticals PLC - EIP Vesting
LONDON, 4 March 2025: 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 or exercise of their conditional share awards which were granted on 25 February 2022 under the 2014 Executive Incentive Plan ("EIP") Element C and on 17 March 2016 under the EIP Element B.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
Said Darwazah
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Said Darwazah |
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2 |
Reason for the notification |
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a) |
Position/status |
Executive Chairman |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hikma Pharmaceuticals PLC |
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b) |
LEI |
549300BNS685UXH4JI75 |
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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 |
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a) |
Description of the financial instrument, type of instrument and identification code |
Description: Ordinary shares of 10 pence each (Shares) ID Code: GB00B0LCW083 |
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b) |
Nature of the transaction |
Shares acquired from the vesting of conditional awards under the EIP Element C. All Shares were retained. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
18,420 |
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d) |
Aggregated information
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Price(s): nil Volume(s): 18,420 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Riad Mishlawi
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Riad Mishlawi |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hikma Pharmaceuticals PLC |
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b) |
LEI |
549300BNS685UXH4JI75 |
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|
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 |
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b) |
Nature of the transaction |
Shares acquired from the vesting of conditional awards under the EIP Element C and exercise of conditional awards under the EIP Element B. All Shares were retained. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
EIP Award, Element C: 18,691 |
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Nil |
EIP Award, Element B: 19,890 |
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d) |
Aggregated information
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Price(s): nil Volume(s): 38,581 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Mazen Darwazah
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Mazen Darwazah |
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2 |
Reason for the notification |
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a) |
Position/status |
Executive Vice Chairman |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
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a) |
Name |
Hikma Pharmaceuticals PLC |
|
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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 C. All Shares were retained. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
14,844 |
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d) |
Aggregated information
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Price(s): nil Volume(s): 14,844 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Khalid Nabilsi
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Khalid Nabilsi |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Initial notification /Amendment |
Initial notification |
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|
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 C. All Shares were retained. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
17,003 |
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d) |
Aggregated information |
Price(s): nil Volume(s): 17,003 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Bassam Kanaan
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Bassam Kanaan |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Initial notification /Amendment |
Initial notification |
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|
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 C. All Shares were retained. |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
Nil |
16,472 |
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d) |
Aggregated information |
Price(s): nil Volume(s): 16,472 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Susan Ringdal
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Susan Ringdal |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Initial notification /Amendment |
Initial notification |
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|
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 C. |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
8,851 |
||
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d) |
Aggregated information |
Price(s): nil Volume(s): 8,851 |
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e) |
Date of the transaction |
28 February 2025 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
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|
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 |
|
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b) |
Nature of the transaction |
Shares sold to cover tax following the vesting of conditional awards under the EIP Element C. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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£21.71 |
4,173 |
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d) |
Aggregated information |
Price(s): £21.71 Volume(s): 4,173 Total(s): £90,596.87 |
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e) |
Date of the transaction |
28 February 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Hussein Arkhagha
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Hussein Arkhagha |
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|
2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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|
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 C. All Shares were retained. |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
Nil |
8,675 |
||
|
d) |
Aggregated information |
Price(s): nil Volume(s): 8,675 |
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e) |
Date of the transaction |
28 February 2025 |
|
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Helen Middlemist
Group Company Secretary
+44 (0)20 7399 2760
4 March 2025