NMC Health Plc Exercise of options and sale of shares (1623R)

TIDMNMC

RNS Number : 1623R

NMC Health Plc

12 June 2018

NMC Health plc

Exercise of options and sale of shares

London, 12 June 2018: NMC Health Plc ("NMC" or the "Company") (LSE:NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, announces that on 11 June 2018 Simon Watkins, Group Company Secretary, exercised nil-cost share options over 6179 shares, granted to him in 2017 under the Company's Deferred Share Bonus Plan ("DSBP"). On the same date, he sold 2,912 ordinary shares of 10p each in the Company ("Shares") at a price of 3,552p per share to pay the income tax liability arising on the exercise of his share award. The remaining 3,267 shares were sold at a price of 3,580p per share on the 12(th) June 2018.

Following these transactions, Mr Watkins' interest in shares remains unchanged at a total of 14,790 shares, representing 0.005% of the current issued share capital of the Company.

The Notification of Dealing Form for Mr Watkins can be found below.

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               Simon Watkins 
---  -----------------  ------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status    Group Company Secretary 
---  -----------------  ------------------------------------ 
 b)   Initial            Initial notification 
       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 & Sale 
       of the             of Shares 
       financial 
       instrument, 
       type of            ISIN: GB00B7FC0762 
       instrument 
       Identification 
       code 
---  -----------------  ------------------------------------ 
 b)   Nature             Exercise of Nil-cost options and 
       of the             sale of shares 
       transaction 
---  -----------------  ------------------------------------ 
 c)   Price(s)             Price         No. of shares 
       and volume(s)       ------------  -------------- 
                            0p            6,179 
                           ------------  -------------- 
                            Price         No. of shares 
                           ------------  -------------- 
                            3,552 pence   2,912 
                           ------------  -------------- 
                            3,580 pence   3,267 
---  -----------------  ------------------------------------ 
 d)   Aggregated 
       information         N/A for Exercise of option 
       - volume 
       - Price             2,912 
       - Total 
       - volume            3,552 
       - Price 
       - Total             GBP103,434.24 
                           3,267 
                           3,580 
                           GBP116,958.60 
---  -----------------  ------------------------------------ 
 e)   Date of            11(th) & 12(th) June 2018 
       the transaction 
---  -----------------  ------------------------------------ 
 f)   Place of           London Stock Exchange 
       the transaction 
---  -----------------  ------------------------------------ 
 

Contacts

Investors

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

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June 12, 2018 10:37 ET (14:37 GMT)