LONDON (Alliance News) - Hikma Pharmaceuticals PLC on Friday said Darhold Ltd has purchased shares in the company over the past three days, affecting the interests of three board members that hold a stake in Darhold.
Darhold acquired 150,000 shares in Hikma at an average price of 1,679.0 pence over November 30, December 1 and 2.
Chairman and Chief Executive Said Darwazah owns a 21.67% stake in Darhold, Executive Vice Chairman Mazen Darwazah owns a 10.92% stake and Mohammed Al-Husry holds a stake of 8.01%. Hikma did not state what holding Darhold or any of the directors have following the transactions.
Darhold last purchased shares in Hikma in September, paying 2,099.0 pence per share.
Hikma shares closed down 1.9% to 1,641.0 pence per share on Friday.
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