NMC Health Plc Director/PDMR Shareholding (6501E)

TIDMNMC

RNS Number : 6501E

NMC Health Plc

09 May 2017

NMC Health plc

Grant of options

London, 9 May 2017: NMC Health plc (LSE:NMC) ('the Company'), the leading integrated healthcare provider operating across the United Arab Emirates (UAE), announces that on 9 May 2017 it granted awards over a total of 150,435 Ordinary shares under its Deferred Share Bonus Plan.

These awards, by way of nil-cost options, were made to Directors and PDMRs of the Company as follows:

 
 Name of individual      Director/PDMR    Number of shares 
                                           subject to award 
----------------------  ---------------  ------------------ 
 Dr B R Shetty           Director              39,583 
----------------------  ---------------  ------------------ 
 Mr P. Manghat           Director              33,493 
----------------------  ---------------  ------------------ 
 Mr S. Krishnamoorthy    PDMR                  21,923 
----------------------  ---------------  ------------------ 
 Dr C R Shetty           PDMR                  21,923 
----------------------  ---------------  ------------------ 
 Mr R Cherry             PDMR                  21,212 
----------------------  ---------------  ------------------ 
 Mr S. Watkins           PDMR                  12,301 
----------------------  ---------------  ------------------ 
 

Under the terms of the Company's Short Term Incentive Plan, two-thirds of any earned bonus is to be provided in the form of a share award which provides that such shares are only released to participants after a deferral period of one-year in relation to 50% of the share award and two-years in relation to the remaining 50% of the award.

The DSBP is the plan which the Company is operating to deliver such deferred shares to scheme participants. The above award is in relation to the bonus earned pursuant to the 2016 Short Term Incentive Plan.

This notification is made in accordance with the Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                      Dr B R Shetty 
                                 Mr Prasanth Manghat 
                                 Mr Suresh Krishnamoorthy 
                                 Dr C R Shetty 
                                 Mr Roy Cherry 
                                 Mr Simon Watkins 
---  ------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status           Directors and PDMRs of the Company 
---  ------------------------  -------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                      NMC Health plc 
---  ------------------------  -------------------------------------- 
 b)   LEI                       2138008YQEVWBE1V2M52 
---  ------------------------  -------------------------------------- 
 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               Options over Ordinary Shares 
       of the financial 
       instrument,               ISIN: GB00B7FC0762 
       type of instrument 
       Identification 
       code 
---  ------------------------  -------------------------------------- 
 b)   Nature of                 Grant of nil-cost options 
       the transaction 
---  ------------------------  -------------------------------------- 
 c)   Price(s) and                Price   No. of shares 
       volume(s)                  ------  -------------- 
                                   0p         39,583 
                                  ------  -------------- 
                                   0p         33,493 
                                  ------  -------------- 
                                   0p         21,923 
                                  ------  -------------- 
                                   0p         21,923 
                                  ------  -------------- 
                                   0p         21,212 
                                  ------  -------------- 
                                   0p         12,301 
                                  ------  -------------- 
---  ------------------------  -------------------------------------- 
 d)   Aggregated                N/A 
       information 
       - volume 
       - Price 
       - Total 
---  ------------------------  -------------------------------------- 
 e)   Date of the               9 May 2017 
       transaction 
---  ------------------------  -------------------------------------- 
 f)   Place of the              Not on a trading venue 
       transaction 
---  ------------------------  -------------------------------------- 
 

Contacts

 
 NMC 
 Simon Watkins, Group Company 
  Secretary                      [phone] 
 
 Media 
 FTI Consulting, London 
 Matthew Cole                    [phone] 
 
 FTI Consulting, Gulf 
 Shane Dolan                     [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 09, 2017 11:39 ET (15:39 GMT)