NMC Health Plc Grant of Options (8965H)

TIDMNMC

RNS Number : 8965H

NMC Health Plc

15 March 2018

NMC Health plc

Grant of options

London, 15 March 2018: NMC Health plc (LSE: NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, announces that it has received notification from Mr Simon Watkins, Group Company Secretary, that on 13 March 2018 he exercised share awards over a total of 27,353 ordinary shares of 10p each ("Shares") under the Company's Long Term Incentive Plan and Deferred Share Bonus Plan and on the same date sold 12,889 ordinary shares of 10p each in the Company at a price of 3,386p per share. These Shares were sold to pay the income tax liability arising on the exercise of his share awards.

Following this transaction, Mr Watkins has retained an interest over a total of 23,590 shares, representing 0.005% of the current issued share capital of the Company.

The Notification of Dealing Form for each of these transactions 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                         Mr Simon Watkins 
---  ---------------------------  ----------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status              Group Company Secretary 
---  ---------------------------  ----------------------------------- 
 b)   Initial notification         Initial 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, 
       type of instrument           ISIN: GB00B7FC0762 
       Identification 
       code 
---  ---------------------------  ----------------------------------- 
 b)   Nature of                    Exercise of nil-cost options 
       the transaction 
---  ---------------------------  ----------------------------------- 
 c)   Price(s) and                   Price   No. of shares 
       volume(s)                     ------  -------------- 
                                      0p      27,353 
                                     ------  -------------- 
---  ---------------------------  ----------------------------------- 
 d)   Aggregated                   N/A 
       information 
       - volume 
       - Price 
       - Total 
---  ---------------------------  ----------------------------------- 
 e)   Date of the                  13 March 2018 
       transaction 
---  ---------------------------  ----------------------------------- 
 f)   Place of the                 London Stock Exchange 
       transaction 
---  ---------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ------------------------------------------------------------------------ 
 a)   Name                   Mr Simon Watkins 
---  ---------------------  ------------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------ 
 a)   Position/status        Group Company Secretary 
---  ---------------------  ------------------------------------------------- 
 b)   Initial notification   Initial 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            Sale of Ordinary shares to cover tax liability 
       of the financial 
       instrument, 
       type of instrument     ISIN: GB00B7FC0762 
       Identification 
       code 
---  ---------------------  ------------------------------------------------- 
 b)   Nature of              Sale of shares solely for the purposes of paying 
       the transaction        the income tax liability arising on a recent 
                              exercise of a nil cost share option. 
---  ---------------------  ------------------------------------------------- 
 c)   Price(s) and             Price       No. of shares 
       volume(s)               ----------  -------------- 
                                3,386p / 
                                 share      12,889 
                               ----------  -------------- 
---  ---------------------  ------------------------------------------------- 
 d)   Aggregated 
       information 
       - volume 
       - Price                 12,889 
       - Total                 GBP33.86 / share 
                               GBP436,421.54 
---  ---------------------  ------------------------------------------------- 
 e)   Date of the            13 March 2018 
       transaction 
---  ---------------------  ------------------------------------------------- 
 f)   Place of the           London Stock Exchange 
       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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March 15, 2018 12:24 ET (16:24 GMT)