NMC Health Plc Grant of Options (0675T)

TIDMNMC

RNS Number : 0675T

NMC Health Plc

15 March 2019

NMC Health plc

Grant of options

London, 15 March 2019: NMC Health plc ("NMC", the "Company" or the "Group"), the leading private healthcare operator in the Gulf Cooperation Council (GCC) with international services across 19 countries, announces that on 15 March 2019 it granted awards over a total of 119,674 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:

 
 Name of individual          Director / PDMR    Number of Shares subject to award 
 Prasanth Manghat            Director           39,160 
                            -----------------  ---------------------------------- 
 Khalifa Bin Butti           Director           22,735 
                            -----------------  ---------------------------------- 
 Hani Buttikhi               Director           18,496 
                            -----------------  ---------------------------------- 
 Prasanth Shenoy             PDMR               14,859 
                            -----------------  ---------------------------------- 
 Michael Davis               PDMR               11,608 
                            -----------------  ---------------------------------- 
 Dr. Chandrakumari Shetty    PDMR               12,816 
                            -----------------  ---------------------------------- 
 

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 2018 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 
                                 Mr Khalifa Bin Butti 
                                 Mr Hani Buttikhi 
                                 Mr Prashanth Shenoy 
                                 Mr Michael Davis 
                                 Dr Chandrakumari Shetty 
     ------------------------  -------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status           Directors and PDMRs of the Company 
     ------------------------  -------------------------------------- 
 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          Grant of nil-cost options 
       the transaction 
     -----------------  -------------------------- 
 c)   Price(s) and         Price   No. of shares 
       volume(s)            0p      39,160 
                                   -------------- 
                            0p      22,735 
                                   -------------- 
                            0p      18,496 
                            0p      14,859 
                                   -------------- 
                            0p      11,608 
                                   -------------- 
                            0p      12,816 
                                   -------------- 
     -----------------  -------------------------- 
 d)   Aggregated         N/A 
       information 
       - volume 
       - Price 
       - Total 
     -----------------  -------------------------- 
 e)   Date of the        15 March 2019 
       transaction 
     -----------------  -------------------------- 
 f)   Place of the       Not on a trading venue 
       transaction 
     -----------------  -------------------------- 
 

Contacts

 
 Investors 
 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 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 [e-mail] or visit www.rns.com.

END

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March 15, 2019 10:47 ET (14:47 GMT)