Hutchison China MediTech (HCM) Prices 4.4M ADS Offering at $25/ADS

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Chi-Med Announces Pricing of US$110 Million Public Offering of ADSs

January 23, 2020 3:06 AM EST

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LONDON, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Hutchison China MediTech Limited (Chi-Med) (AIM/Nasdaq: HCM) announced today the pricing of the underwritten public offering previously announced by Chi-Med on January 21, 2020. Chi-Med will issue and sell 4,400,000 American Depositary Shares ("ADSs"), each representing five ordinary shares, par value US$0.10 each, of Chi-Med at a price of US$25.00 per ADS on the... More