3 May 2018 17:19
NMC Health plc
Share transaction notification
London, 3 May 2018: Further to the announcement on the 2nd May 2018, NMC Health plc (LSE: NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, received formal 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 | Dr. Bavuguthu Raghuram Shetty | ||||
b) | Position/status | Non-Executive Joint Chairman | ||||
c)
| Initial notification /Amendment | Amendment | ||||
2
| 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 of the financial instrument, type of instrument | Issuer: NMC Health plc Instrument Type: Ordinary Shares Issuer LEI: 2138008YQEVWBE1V2M52 ISIN: GB00B7FC0762 | ||||
b) | Nature of the transaction | (i) 7,000,000 Ordinary shares were pledged by BRS Capital Limited (of which Dr. B. R. Shetty is the sole shareholder) as security for borrowings raised by BRS Capital Limited; and (ii) BRS Capital Limited entered into (on behalf of Dr. B. R. Shetty) related put and call options referencing the 7,000,000 Ordinary shares. Under the terms of the pledge Dr. B. R. Shetty may, subject to market conditions, be able to recall the shares for the purpose of exercising the voting rights thereunder. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - volume - Price - Total |
7,000,000
N/A
N/A | ||||
e) | Date of the transaction | 2 May 2018 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Contacts
NMC | |
Simon Watkins | |
Group Company Secretary | +44 (0)20 3205 7313 |
Media | |
FTI Consulting, London | |
Brett Pollard | +44 (0)20 3727 1000 |
FTI Consulting, Gulf | |
Shane Dolan | +971 (0)4 437 2100 |