27 Jan 2017 12:15
NMC Health plc
Grant of options
London, 27 January 2017: NMC Health plc (LSE:NMC) ('the Company'), the leading integrated private healthcare network operator in the United Arab Emirates (UAE) and one of the leading global providers of fertility treatments through its European and Middle Eastern subsidiaries, announces that on 26 January 2017 it granted awards over a total of 562,323 Ordinary shares under its Long Term Incentive Plan.
These awards, by way if 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 |
Dr B R Shetty | Director | 148,250 |
Mr P. Manghat | Director | 125,442 |
Mr S. Krishnamoorthy | PDMR | 82,108 |
Dr C R Shetty | PDMR | 82,108 |
Mr R Cherry | PDMR | 79,439 |
Mr S. Watkins | PDMR | 44,976 |
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The vesting of all the awards granted under the LTIP referred to above are subject to the achievement of performance targets relating to the Company's earnings per share growth and total shareholder return (relative to a comparator group) over a three-year performance period.
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 B R Shetty Mr Prasanth Manghat Mr Suresh Krishnamoorthy Dr C R Shetty Mr Roy Cherry Mr Simon Watkins
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2 | Reason for the notification | ||
a) | Position/status | Directors and PDMRs of the Company | |
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 | Options over Ordinary Shares | |
Identification code | ISIN: GB00B7FC0762 | ||
b) | Nature of the transaction | Grant of nil-cost options | |
c) | Price(s) and volume(s) | Price
0p 0p 0p 0p 0p 0p | No. of shares
148,250 125,442 82,108 82,108 79,439 44,976 |
d) | Aggregated information - volume - Price - Total | N/A
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e) | Date of the transaction | 26 January 2017 | |
f) | Place of the transaction | Not on a trading venue | |
Contacts
NMC |
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Simon Watkins, Group Company Secretary | +44 (0)20 3205 7313 |
Media | |
FTI Consulting, London |
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Matthew Cole | +44 (0)20 3727 1101 |
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FTI Consulting, Gulf |
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Shane Dolan | +971 (0)4 437 2100 |