Hutchison China Meditech Limited Notification of Dilution of Voting Rights (6557G)

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RNS Number : 6557G

Hutchison China Meditech Limited

27 November 2020

Notification of Dilution of Voting Rights

London: Friday, November 27, 2020: Hutchison China MediTech Limited (" Chi-Med ") (Nasdaq/AIM: HCM) was notified that CK Hutchison Holdings Limited (" CK Hutchison ") shareholding([1]) in Chi-Med remains unchanged, at 332,478,770 ordinary shares of par value US$0.10 each in the capital of Chi-Med ("Shares").

Each American Depositary Share ("ADS") represents five Shares. As announced on November 17, 2020, Chi-Med issued a total of 16,666,670 Shares (equivalent to 3,333,334 ADSs) to Canada Pension Plan Investment Board. Chi-Med was notified on November 26 , 2020 that this issuance diluted CK Hutchison's holding([1]) to 45.69 per cent of the total number of voting rights of Chi-Med. The date on which the notification threshold was crossed was November 26, 2020.

([1]) Held through CK Hutchison's indirect wholly-owned subsidiary Hutchison Healthcare Holdings Limited.

About Chi-Med

Chi-Med (Nasdaq/AIM: HCM) is an innovative, commercial-stage, biopharmaceutical company committed, over the past twenty years, to the discovery and global development of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. It has a portfolio of nine cancer drug candidates currently in clinical studies around the world and extensive commercial infrastructure in its home market of China. For more information, please visit: www.chi-med.com .

CONTACTS

 
Investor Enquiries 
  Mark Lee, Senior Vice President                            [phone] 
  Annie Cheng, Vice President                                [phone] 
 
Media Enquiries 
  Americas - Brad Miles, Solebury Trout                      [phone] (Mobile) 
                                                              [e-mail] 
  Europe - Ben Atwell / Alex Shaw, FTI Consulting            [phone] / [phone] (Mobile) / +44 7779 
                                                             545 055 (Mobile) 
                                                             [e-mail] 
  Asia - Joseph Chi Lo / Zhou Yi, Brunswick                  [phone] (Mobile), [e-mail] / +852 97 
                                                             83 6894 (Mobile), y [e-mail] 
 
Nominated Advisor 
  Freddy Crossley / Atholl Tweedie, Panmure Gordon (UK) 
   Limited                                                   [phone] 
 

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November 27, 2020 02:00 ET (07:00 GMT)