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NMC Nmc Health Plc

938.40
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nmc Health Plc LSE:NMC London Ordinary Share GB00B7FC0762 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 938.40 940.00 941.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

NMC Health Plc NMC Completion of Acquisition of Al Zahra Hospital (4629A)

24/03/2017 10:25am

UK Regulatory


Nmc Health (LSE:NMC)
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TIDMNMC

RNS Number : 4629A

NMC Health Plc

24 March 2017

24 March 2017

NMC Health plc

(the "Company" or "NMC")

Completion of acquisition of the Al Zahra Hospital

NMC Health plc (LSE:NMC), the leading integrated healthcare provider operating across the United Arab Emirates (the "UAE"), is pleased to announce that the acquisition (the "Acquisition") of Al Zahra Hospital in Sharjah (the "Al Zahra Hospital") from Gulf Medical Projects Company ("GMPC") has completed. As stated in the full year results, NMC will consolidate the Acquisition from 1 February 2017.

Enquiries:

NMC Health plc

Prasanth Manghat, Chief Executive Officer

+971 (0)50 522 5648

Suresh Krishnamoorthy, Chief Financial Officer

+971 (0)50 591 5365

J.P. Morgan Cazenove

+44 (0)20 7742 4000

Sjoerd Leenart

James Mitford

Alex Bruce

Standard Chartered Bank

+971 (0)4 508 3410

Arnab Chatterjee

Muhannad Mukahall

Joelle Korban

HSBC

+44 (0)20 7991 8888

Stuart Dickson

Richard Fagan

Rahul Khanna

Media:

FTI Consulting, London

Matthew Cole

+44 (0)20 3727 1101

FTI Consulting, Gulf

Shane Dolan

+971 (0)4 437 2100

About NMC

NMC Health plc group is the leading private sector healthcare operator in the United Arab Emirates, with a nation-wide network of hospitals and operations in the country since 1975. NMC currently operates or manages four strategic verticals within its healthcare division. In addition, the Group is also a leading UAE supplier of products and consumables across several key market segments, through its distribution division, with the major contribution coming from healthcare related products. The enlarged company received almost 4.3m patients in 2016. The group is also a leading UAE supplier of products and consumables across several key market segments, with the major contribution coming from healthcare related products. NMC Health plc group reported revenues of US$1220.8m in 2016.

In April 2012 NMC Health plc was listed on the Premium Segment of the London Stock Exchange. NMC Health plc is a constituent of the FTSE 250 Index.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQLLFFIVFISFID

(END) Dow Jones Newswires

March 24, 2017 06:25 ET (10:25 GMT)

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