REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNMC.L Regulatory News (NMC)

  • There is currently no data for NMC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Holdings in Company

25 Mar 2020 12:30

RNS Number : 5745H
NMC Health Plc
25 March 2020
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

NMC Health plc

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: Voluntary disclosure

X

3. Details of person subject to the notification obligation

Name

Ithmar Capital Partners Limited

City and country of registered office (if applicable)

Dubai, United Arab Emirates

4. Full name of shareholder(s) (if different from 3.)

Name

Khaleefa Butti Omair Al Muhairi Limited

 

Saeed Mohamed Butti Al Qebaisi Limited

City and country of registered office (if applicable)

St Helier, Jersey

5. Date on which the threshold was crossed or reachedvi:

24 March 2020

6. Date on which issuer notified (DD/MM/YYYY):

24 March 2020

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

9%

Nil

9%

208,703,861

Position of previous notification (if

applicable)

9%

Nil

9%

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary shares (GB00B7FC0762)

18,776,468

9%

SUBTOTAL 8. A

18,776,468

9%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Physical or cash

settlement

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)

x

Name

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Ithmar Capital Partners Limited

Ithmar Capital - Thunder

Khaleefa Butti Omair Al Muhairi Limited

 

8.52%

8.52%

Ithmar Capital Partners Limited

Ithmar Capital - Thunder

Saeed Mohamed Butti Al Qebaisi Limited

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

 

 

 

11. Additional information

Reference is made to the Forms TR-1 published by each of Khaleefa Butti Omair Yousif Ahmed Al Muhairi and Saeed Mohamed Butti Mohamed Khalfan Al Qebaisi on 24 March 2020.

 

This filing is being submitted to disclose the transfer of ownership of the entire issued share capital of each of Khaleefa Butti Omair Al Muhairi Limited ("KBO") and Saeed Mohamed Butti Al Qebaisi Limited ("SMB") (the "Transferred Shares") to Ithmar Capital Partners Limited ("ICP").

 

KBO is a wholly owned company of Mr. Khaleefa Butti Omair Yousif Ahmed Al Muhairi ("Khaleefa Bin Butti"). SMB is a wholly owned company of H.E. Mr. Saeed Mohamed Butti Mohamed Khalfan Al Qebaisi ("H.E. Saeed Bin Butti").

 

Each of KBO and SMB owns certain ordinary shares ("Ordinary Shares") in the capital of NMC Health plc (the "Company").

 

This filing is further to a filing notified to the Company on 2 March 2020 (the "2 March Notification") which disclosed a change in the voting rights for 18,776,468 Ordinary Shares (the "Voting Shares").

 

Transfer of Voting Rights

 

As notified in the 2 March Notification, pursuant to investment management agreements between each of KBO, SMB, on the one hand, and Ithmar, on the other, each of KBO and SMB granted control to ICP over the voting rights for its respective Voting Shares (the "Agreements").

 

Transfer of the Transferred Shares

 

Pursuant to an agreement dated on or around the date of this notification (the "Transfer Agreement"), each of Khaleefa Bin Butti and H.E. Saeed Bin Butti has agreed to transfer the Transferred Shares to an entity wholly controlled by ICP. The Transferred Shares will remain subject to the lock-up terms entered into by KBO and HSMB on 8 January 2020.

 

The effect of this transfer is that, as ICP (through its wholly controlled entity) will own the entire issued share capital of each of KBO and SMB and accordingly, ICP will indirectly own the Voting Shares, for which it has held the voting rights since 1 March 2020 pursuant to the Agreements. In consequence, pursuant to the Transfer Agreement, each of the Agreements will terminate.

 

 

Place of completion

Dubai

Date of completion

24 March 2020

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
HOLSEAFEIESSEFD
Date   Source Headline
11th Feb 20202:14 pmRNSForm 8.3 - NMC Health plc
11th Feb 20201:07 pmRNSForm 8.3 - NMC Health PLC
11th Feb 202012:05 pmRNSForm 8.3 - NMC Health PLC
11th Feb 202012:04 pmRNSForm 8.3 - NMC Health plc
11th Feb 202011:37 amRNSForm 8.5 (EPT/RI)- NMC Health plc
11th Feb 202011:37 amRNSForm 8.5 (EPT/NON-RI)- NMC Health plc
11th Feb 202011:36 amRNSForm 8.5 (EPT/NON-RI)- NMC Health plc
11th Feb 202011:25 amRNSForm 8.5 (EPT/RI)
11th Feb 202011:17 amGNWHSBC BANK PLC - Form 8.5 (EPT/RI) - NMC Health plc
11th Feb 202011:00 amRNSHoldings in Company
11th Feb 202010:45 amRNSForm 8.5 (EPT/RI) - NMC Health plc
11th Feb 202010:44 amRNSForm 8.5 (EPT/RI) - NMC Health plc
11th Feb 202010:22 amBUSForm 8.5 (EPT/NON-RI) - NMC HEALTH PLC
11th Feb 20209:17 amPRNForm 8.3 - NMC Health PLC
11th Feb 20207:15 amRNSRule 2.9 Announcement
11th Feb 20207:00 amRNSStatement re. possible offer
10th Feb 20202:23 pmRNSForm 8.3 - NMC Health plc
10th Feb 20207:00 amRNSStatement regarding Possible Offer
10th Feb 20207:00 amRNSStatement regarding major shareholdings
4th Feb 20207:00 amRNSResponse to share price movement
31st Jan 20201:51 pmRNSHoldings in Company
31st Jan 20201:38 pmRNSTransaction notification
31st Jan 20201:07 pmRNSHoldings in Company
31st Jan 20201:07 pmRNSTransaction notification
31st Jan 20201:06 pmRNSHoldings in Company
27th Jan 202011:30 amRNSHoldings in Company
27th Jan 202011:30 amRNSHoldings in Company
24th Jan 20207:00 amRNSEmirates NBD closed NMC LN ABO, GBP12.50 per share
23rd Jan 20204:35 pmRNSNMC Health PLC ABO 2.1mn share offering
21st Jan 20205:16 pmRNSHoldings in Company
17th Jan 20207:00 amRNSIndependent review investigators
16th Jan 202010:25 amRNSPDMR Shareholding
16th Jan 202010:00 amRNSHoldings in Company
15th Jan 20202:00 pmRNSHoldings in Company
15th Jan 202010:00 amRNSHoldings in Company
14th Jan 20201:00 pmRNSNotification of Major Holding
13th Jan 202011:30 amRNSHoldings in Company
13th Jan 202011:30 amRNSHoldings in Company
13th Jan 202011:30 amRNSShare transaction notification
13th Jan 20208:23 amRNSHoldings in Company
10th Jan 202011:51 amRNSNotification of Major Holdings
10th Jan 202010:30 amRNSNotification of Major Holdings
8th Jan 20205:30 pmRNSNMC Health
8th Jan 20209:07 amRNSKBBO Pricing Announcement
8th Jan 20207:25 amRNSCompletion of sale in NMC Health PLC & Finablr PLC
7th Jan 20205:36 pmRNSShare sale in NMC Health PLC and Finablr PLC
6th Jan 20207:15 amRNSIndependent Review Oversight Committee
27th Dec 20197:00 amRNSIndependent confirmation of built-up floor area
24th Dec 20199:00 amRNSTrade licenses of Modular Concepts
24th Dec 20198:00 amRNSPDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.