NMC Health Plc Grant of Options (2719H)

TIDMNMC

RNS Number : 2719H

NMC Health Plc

09 March 2018

NMC Health plc

Grant of options

London, 9 March 2018: NMC Health plc (LSE: NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, announces that on 8 March 2018 it granted awards over a total of 46,219 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:

 
                       Director /                                                Number of Shares 
 Name of individual     PDMR                                                     subject to award 
--------------------  ------------  ------------------------------------------------------------- 
 Prasanth Manghat      Director                                                            30,324 
--------------------  ------------  ------------------------------------------------------------- 
 Dr. Chandrakumari 
  Shetty               PDMR                                                                 9,924 
--------------------  ------------  ------------------------------------------------------------- 
 Simon Watkins         PDMR                                                                 5,971 
--------------------  ------------  ------------------------------------------------------------- 
 

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 2017 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               Mr Prasanth Manghat 
                          Dr Chandrakumari Shetty 
                          Mr Simon Watkins 
---  -----------------  ----------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------ 
 a)   Position/status    Directors and PDMRs of the Company 
---  -----------------  ----------------------------------- 
 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 
       of the 
       financial 
       instrument,        ISIN: GB00B7FC0762 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  ----------------------------------- 
 b)   Nature             Grant of nil-cost options 
       of the 
       transaction 
---  -----------------  ----------------------------------- 
 c)   Price(s)             Price   No. of shares 
       and volume(s)       ------  -------------- 
                            0p      30,324 
                           ------  -------------- 
                            0p      9,924 
                           ------  -------------- 
                            0p      5,971 
                           ------  -------------- 
---  -----------------  ----------------------------------- 
 d)   Aggregated         N/A 
       information 
       - volume 
       - Price 
       - Total 
---  -----------------  ----------------------------------- 
 e)   Date of            8 March 2018 
       the transaction 
---  -----------------  ----------------------------------- 
 f)   Place of           Not on a trading venue 
       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

DSHJLMMTMBAMBPP

(END) Dow Jones Newswires

March 09, 2018 06:02 ET (11:02 GMT)