Director dealings: NMC Health vice-chairman lowers stake

(Sharecast News) - NMC Health revealed on Monday that vice-chairman Khaleefa Butti Omair Yousif Ahmed Al Muhairi had disposed of 4.64m ordinary shares in the UAE-based healthcare firm.
Ahmad, who led NMC's IPO and premium listing on the London Stock Exchange in 2012, disposed of the shares on the previous Friday at an average price of 1,200p each, for a total value of £55.77m.

NMC said Ahmad sold the shares in order to reduce his indebtedness.

As of 1625 GMT, NMC shares were down 7.15% at 1,253p.

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Top Director Sells

Nmc Health (NMC)
Director name: Ahmad,Khaleefa Butti Omair Yousif
Amount sold: 4,648,080 @ 1,200.00p
Value: £55,776,960.00