NMC Health Plc Director/PDMR Shareholding (0940N)

TIDMNMC

RNS Number : 0940N

NMC Health Plc

03 May 2018

NMC Health plc

Share transaction notification

London, 3 May 2018: Further to the announcement on the 2(nd) May 2018, NMC Health plc (LSE: NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, received formal 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. Bavuguthu Raghuram Shetty 
---  -----------------  ------------------------------------------ 
 b)   Position/status    Non-Executive Joint Chairman 
---  -----------------  ------------------------------------------ 
 c)   Initial            Amendment 
       notification 
       /Amendment 
---  -----------------  ------------------------------------------ 
 2    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        Issuer: NMC Health plc 
       of the             Instrument Type: Ordinary Shares 
       financial          Issuer LEI: 2138008YQEVWBE1V2M52 
       instrument,        ISIN: GB00B7FC0762 
       type of 
       instrument 
---  -----------------  ------------------------------------------ 
 b)   Nature             (i) 7,000,000 Ordinary shares were 
       of the             pledged by BRS Capital Limited (of 
       transaction        which Dr. B. R. Shetty is the sole 
                          shareholder) as security for borrowings 
                          raised by BRS Capital Limited; and 
                          (ii) BRS Capital Limited entered 
                          into (on behalf of Dr. B. R. Shetty) 
                          related put and call options referencing 
                          the 7,000,000 Ordinary shares. 
                          Under the terms of the pledge Dr. 
                          B. R. Shetty may, subject to market 
                          conditions, be able to recall the 
                          shares for the purpose of exercising 
                          the voting rights thereunder. 
---  -----------------  ------------------------------------------ 
 c)   Price(s)             Price    No. of 
       and volume(s)                  shares 
                           -------  ---------- 
                            N/A      7,000,000 
                           -------  ---------- 
---  -----------------  ------------------------------------------ 
 d)   Aggregated 
       information 
       - volume            7,000,000 
       - Price 
       - Total             N/A 
 
                           N/A 
---  -----------------  ------------------------------------------ 
 e)   Date of            2 May 2018 
       the transaction 
---  -----------------  ------------------------------------------ 
 f)   Place of           London Stock Exchange 
       the transaction 
---  -----------------  ------------------------------------------ 
 

Contacts

 
 NMC 
 Simon Watkins 
 Group Company Secretary    [phone] 
 
 Media 
 FTI Consulting, London 
 Brett Pollard              [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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May 03, 2018 12:19 ET (16:19 GMT)