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NMC Nmc Health Plc

938.40
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nmc Health Plc LSE:NMC London Ordinary Share GB00B7FC0762 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 938.40 940.00 941.60 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

NMC Health Plc Regarding Press Speculation (9451Y)

28/08/2018 7:01am

UK Regulatory


Nmc Health (LSE:NMC)
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TIDMNMC

RNS Number : 9451Y

NMC Health Plc

28 August 2018

28 August 2018

NMC Health plc

(the "Company" or "NMC")

Regarding Press Speculation

NMC Health plc (LSE: NMC), the leading private healthcare operator in the Gulf Cooperation Council (GCC) with international services across 17 countries, announces that The Company has taken note of questions it has been receiving on the back of various news articles regarding acquisition of assets in India. NMC denies such news and reaffirms its current focus on the GCC market for capital deployment. The Fertility business and O&M vertical remain the only exceptions to the above and maintain a wider geographic focus.

Contacts

 
 Investors: 
 NMC Health 
 Prasanth Manghat, Chief Executive 
  Officer                             +971 50 522 5648 
 Prashanth Shenoy, Chief Financial 
  Officer                             +971 56 329 0545 
 Asjad Yayha, Investor Relations      +971 56 219 0975 
 
 Media: 
 FTI Consulting, London 
 Brett Pollard                        +44 203 727 1000 
 
 FTI Consulting, Gulf 
 Shane Dolan                          +971 4 437 2100 
 

About NMC Health

NMC the leading private healthcare operator in the GCC with an international network of hospitals across 17 countries. NMC also ranks as one of the top 3 in-vitro fertilisation ("IVF") operators globally. The Group is also a leading provider of long-term medical care in the UAE through its subsidiary ProVita. Pursing an aggressive international expansion program from 2016, the company now has over 34% of its licensed bed capacity in the Kingdom of Saudi Arabia (KSA), where the company has introduced long-term and multi-specialty care services. Moreover, the recent formation of a joint venture with GOSI/Hassana Investment Company is set to substantially boost the Group's bed capacity in KSA, with the JV expected to be the second largest healthcare operator in the Kingdom in terms of number of beds. NMC received over 5.7m patients in 2017. The Group is also a leading UAE supplier of products and consumables across several key market segments, with the major contribution coming from healthcare related products. The Group reported revenues of US$1.6 billion for the year ended 31 December 2017.

In April 2012 NMC was listed on the Premium Segment of the London Stock Exchange. NMC is a constituent of the FTSE 100 Index.

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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 28, 2018 02:01 ET (06:01 GMT)

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