NMC.L Regulatory News (NMC)

(a) Name of exempt principal trader:

Morgan Stanley & Co. International plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

NMC Health plc

(c) Name of the party to the offer with which exempt principal trader is connected:

GK Investment Holding Group SA

(d) Date dealing undertaken:

21 FEBRUARY 2020

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state "N/A"

No

 Class of

relevant

security

 Purchases/

sales

 Total number

of securities

 Highest price

per unit paid/received

 Lowest price

per unit paid/received

 10p ordinary

 PURCHASES

 647,535

 8.7220 GBP

 8.2380 GBP

 10p ordinary

 SALES

 384,010

 8.7220 GBP

 8.2320 GBP

 Class of

relevant

security

 Product description

e.g. CFD

 Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

 Number of reference securities

 Price per

unit

 10p ordinary

 CFD

 LONG

 652

 8.2874 GBP

 10p ordinary

 CFD

 LONG

 2,079

 8.2874 GBP

 10p ordinary

 CFD

 LONG

 2,999

 8.4203 GBP

 10p ordinary

 CFD

 LONG

 29,251

 8.4203 GBP

 10p ordinary

 CFD

 LONG

 153

 8.4371 GBP

 10p ordinary

 CFD

 LONG

 1,835

 8.4756 GBP

 10p ordinary

 CFD

 LONG

 1,527

 8.4865 GBP

 10p ordinary

 CFD

 LONG

 408

 8.4881 GBP

 10p ordinary

 CFD

 LONG

 3,882

 8.4886 GBP

 10p ordinary

 CFD

 LONG

 1,190

 8.5055 GBP

 10p ordinary

 CFD

 LONG

 601

 8.5198 GBP

 10p ordinary

 CFD

 LONG

 830

 8.5258 GBP

 10p ordinary

 CFD

 LONG

 1,240

 8.5258 GBP

 10p ordinary

 CFD

 LONG

 333

 8.5339 GBP

 10p ordinary

 CFD

 LONG

 42,707

 8.5457 GBP

 10p ordinary

 CFD

 LONG

 3,904

 8.5465 GBP

 10p ordinary

 CFD

 LONG

 8,900

 8.5480 GBP

 10p ordinary

 CFD

 LONG

 789

 8.5485 GBP

 10p ordinary

 CFD

 LONG

 16,081

 8.5511 GBP

 10p ordinary

 CFD

 LONG

 373

 8.5518 GBP

 10p ordinary

 CFD

 LONG

 119

 8.5518 GBP

 10p ordinary

 CFD

 LONG

 714

 8.5520 GBP

 10p ordinary

 CFD

 LONG

 850

 8.5520 GBP

 10p ordinary

 CFD

 LONG

 7,206

 8.5520 GBP

 10p ordinary

 CFD

 LONG

 7,207

 8.5520 GBP

 10p ordinary

 CFD

 LONG

 5,505

 8.5520 GBP

 10p ordinary

 CFD

 LONG

 40,010

 8.5523 GBP

 10p ordinary

 CFD

 LONG

 41,703

 8.5540 GBP

 10p ordinary

 CFD

 LONG

 128

 8.5568 GBP

 10p ordinary

 CFD

 LONG

 194

 8.5568 GBP

 10p ordinary

 CFD

 LONG

 2,188

 8.5573 GBP

 10p ordinary

 CFD

 LONG

 6,201

 8.5659 GBP

 10p ordinary

 CFD

 LONG

 4,974

 8.5730 GBP

 10p ordinary

 CFD

 LONG

 13,548

 8.5736 GBP

 10p ordinary

 CFD

 LONG

 15,257

 8.5810 GBP

 10p ordinary

 CFD

 LONG

 2,253

 8.5835 GBP

 10p ordinary

 CFD

 LONG

 202

 8.5837 GBP

 10p ordinary

 CFD

 LONG

 227

 8.5838 GBP

 10p ordinary

 CFD

 LONG

 900

 8.5877 GBP

 10p ordinary

 CFD

 LONG

 1,132

 8.5887 GBP

 10p ordinary

 CFD

 LONG

 51

 8.5915 GBP

 10p ordinary

 CFD

 LONG

 559

 8.5917 GBP

 10p ordinary

 CFD

 LONG

 5,267

 8.6027 GBP

 10p ordinary

 CFD

 LONG

 319

 8.6105 GBP

 10p ordinary

 CFD

 LONG

 919

 8.6240 GBP

 10p ordinary

 CFD

 LONG

 652

 8.6928 GBP

 10p ordinary

 CFD

 SHORT

 1,058

 8.4499 GBP

 10p ordinary

 CFD

 SHORT

 1,423

 8.4901 GBP

 10p ordinary

 CFD

 SHORT

 415,604

 8.5347 GBP

 10p ordinary

 CFD

 SHORT

 10,490

 8.5369 GBP

 10p ordinary

 CFD

 SHORT

 30,629

 8.5443 GBP

 10p ordinary

 CFD

 SHORT

 448

 8.5519 GBP

 10p ordinary

 CFD

 SHORT

 1,500

 8.5520 GBP

 10p ordinary

 CFD

 SHORT

 4,157

 8.5520 GBP

 10p ordinary

 CFD

 SHORT

 2,241

 8.5520 GBP

 10p ordinary

 CFD

 SHORT

 3,643

 8.5587 GBP

 10p ordinary

 CFD

 SHORT

 12,738

 8.5587 GBP

 10p ordinary

 CFD

 SHORT

 9,684

 8.5587 GBP

 10p ordinary

 CFD

 SHORT

 2,769

 8.5587 GBP

 10p ordinary

 CFD

 SHORT

 143

 8.5821 GBP

 10p ordinary

 CFD

 SHORT

 406

 8.5935 GBP

 10p ordinary

 CFD

 SHORT

 13,142

 8.5935 GBP

 10p ordinary

 CFD

 SHORT

 870

 8.6078 GBP

 10p ordinary

 CFD

 SHORT

 134

 8.6735 GBP

 10p ordinary

 CFD

 SHORT

 33

 8.7020 GBP

Class of

relevant security

 Product description e.g. call option

 Writing, purchasing, selling, varying etc.

 Number of securities to which option relates

 Exercise price per unit

 Type e.g. American, European etc.

 Expiry date

 Option money paid/ received per unit

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A  

 Class of

relevant

security

 Product description

e.g. call option

 Exercising/

exercised

against

 Number of securities

 Exercise price

per unit

 N/A

 N/A

 N/A

 N/A

 N/A  

 Class of relevant security

 Nature of dealing

e.g. subscription, conversion

 Details

 Price per unit (if applicable)

 N/A

 N/A

 N/A

 N/A  

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the

disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

Details of any agreement, arrangement or understanding, formal or informal, between

the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE

 Date of disclosure:

 26 FEBRUARY 2020

 Contact name:

 Craig Horsley

 Telephone number:

 +44(141) 245 7736