ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

NMC Nmc Health Plc

938.40
0.00 (0.00%)
28 Mar 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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

FTSE Russell NMC Health (1810G)

13/03/2020 6:27pm

UK Regulatory


Nmc Health (LSE:NMC)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Nmc Health Charts.

TIDMNMC

RNS Number : 1810G

FTSE Russell

13 March 2020

 
 
 
 
 
 

NMC Health PLC (UK): Suspension of Listing

Treatment in the FTSE Russell Indexes - Update

13 March 2020

Further to the notice published on 04 March 2020 , FTSE Russell has received feedback from market participants, specifically as it pertains to the price assigned to NMC Health while it remains suspended. In accordance with Section 4.18 of the Corporate Actions and Events Guide , it was previously communicated that NMC Health would be retained at its last traded price (938.40p) for the duration of its trading suspension.

However, FTSE Russell has noted that there are Depository Receipts (DR) representing NMC Health ordinary shares on a 1:1 basis currently trading on the US OTC market*. Consequent to feedback received from index users, FTSE Russell now proposes to replace the NMC Health close price with the DR OTC close price from the previous day on Wednesday 18 March 2020**. This is intended to ensure that NMC Health is held within the index at an objective and fair valuation with an appropriate index weight.

If and once NMC Health resumes trading, the price will revert back to the LSE price and the treatment detailed within the 04 March 2020 notice will be followed.

If NMC Health does not resume trading and it has been concluded to remove NMC Health in accordance with the Suspended Stocks' rule, FTSE Russell will further consult (via an Informative Notice) on the price which the deletion will be processed (e.g. zero or OTC DR price).

*Ticker: NMHLY; 12 March 2020 close price: USD 1.40.

**Tuesday 17 March 2020 OTC DR close price will be adjusted by the Wednesday 18 March 2020 spot rate.

FTSE Russell will continue to monitor and provide updates in 20 business day increments in accordance with the Suspended Stocks' rules. After 40 business days, if NMC Health remains suspended and retained within the index, its price will again be evaluated with any change to its current valuation communicated accordingly.

FTSE Russell intends to review the Suspended Stocks' rule within the Corporate Action guide with a view to clarifying the price which a suspended stock may be held, while there is another security trading that provides an appropriate valuation proxy.

If you have any comments, please contact your Client Service team before End of Day on Monday 16 March 2020.

FTSE Russell will publish a further notice confirming final treatment on Tuesday 17 March 2020.

 
 For further information please contact FTSE Russell Client Services at info@ftserussell.com 
                             or call: Australia    +1800 653 680 
                                  Hong Kong    +852 2164 3333 
                                 Japan        +81 3 4563 6346 
                               London       +44 (0) 20 7866 1810 
                                  New York     +1866 551 0617 
 
                Alternatively please visit our website at www.ftserussell.com 
                        Terms of Use | Copyright (c) 2020 FTSE Russell 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

FTSKKNBBFBKDBND

(END) Dow Jones Newswires

March 13, 2020 14:27 ET (18:27 GMT)

1 Year Nmc Health Chart

1 Year Nmc Health Chart

1 Month Nmc Health Chart

1 Month Nmc Health Chart

Your Recent History

Delayed Upgrade Clock