9 Jun 2017 14:30
NMC Health plc
PDMR notification
London, 9 June 2017: NMC Health plc (LSE:NMC) ('the Company'), the leading integrated healthcare provider operating across the United Arab Emirates (UAE), announces that it has received notification from Dr B. R. Shetty, Joint Non-Executive Chairman of the Company, that on 8 June 2017 he sold 2,043,000 ordinary shares of 10p each in the Company ("Shares") at a price of 2,320p per share.
Following this transaction, Dr B. R. Shetty retains an interest over a total of 49,713,893 shares, representing 24.34% of the current issued share capital of the Company, including Dr C. R. Shetty's, his spouse, direct interest in the shares of the Company.
The Notification of Dealing Form for Dr Shetty 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 | Dr Bavaguthu Raghuram Shetty | ||||
2 | Reason for the notification | |||||
a) | Position/status | Joint Non-Executive Chairman of NMC Health plc | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
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 of the financial instrument, type of instrument Identification code | Ordinary Shares
ISIN: GB00B7FC0762 | ||||
b) | Nature of the transaction | Sale of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - volume - Price - Total |
2,043,000
2,320p
£47,397,600
| ||||
e) | Date of the transaction | 8 June 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Contacts
Investors
NMC
Prasanth Manghat, Chief Executive Officer +971 (0)50 522 5648
Media:
FTI Consulting, London
Matthew Cole +44 (0)20 3727 1101
FTI Consulting, Gulf
Shane Dolan +971 (0)4 437 2100