Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNMC.L Regulatory News (NMC)

  • There is currently no data for NMC

New O&M Contract

23 Aug 2017 07:15

RNS Number : 7128O
NMC Health Plc
23 August 2017
 

23 August 2017

 

NMC Health plc

(the "Company" or "NMC")

 

New O&M Contract

 

NMC Health plc (LSE:NMC), the leading integrated healthcare provider operating across the United Arab Emirates today announces it has signed a new O&M contract for the management of Emirates Healthcare assets, comprising three brands:

 

· Emirates Hospitals and Clinics: General medical services across six Emirates in the UAE

· CosmeSurge: Provider of cosmetic medical services in the UAE with 1 clinic in the UK

· Emirates Rehab and Homecare Services: Rehabilitation segment that provides home nursing, rehabilitation, therapeutic care and home-based care. Present in the UAE, Slovakia and Oman

 

NMC also recently extended the management contract for the 205 bed Sheikh Khalifa General Hospital in Umm Al Quwain (managed on behalf of the UAE Ministry of Presidential Affairs) for a further five years. The original contract was the first ever awarded by a Government Department to a local UAE business to manage a large Government healthcare facility, demonstrating confidence in NMC's significant healthcare experience and capabilities.

 

NMC is now managing multiple private and public sector healthcare facilities across varied geographies. Total annual revenues from the O&M vertical are set to reach USD $ 19m. These contracts continue to be associated with good returns and require minimal capital expenditure or working capital on part of the Group.

 

 

Enquiries:

 

NMC Health plc

Prasanth Manghat, Chief Executive Officer

+971 (0)50 522 5648

Suresh Krishnamoorthy, Chief Financial Officer

+971 (0)50 591 5365

Asjad Yahya, Investor Relations

 

Media:

FTI Consulting, London

Brett Pollard / Mo Noonan

+44 (0)20 3727 1100

 

FTI Consulting, Gulf

Shane Dolan

+971 (0)4 437 2100

 

 

About NMC Health

 

The NMC group (the "Group") is the leading private sector healthcare operator in the United Arab Emirates, with a nation-wide network of hospitals and operations in the country since 1975. The Group currently operates or manages eight hospitals, two day-care patient centres, nine medical centres and fifteen pharmacies. In addition, the Group owns and operates Clinica Eugin in Barcelona, Spain - one of the leading fertility treatment centres globally. NMC also owns a 51 per cent. shareholding in Fakih IVF Group, the Middle East market leader for in-vitro fertilisation ("IVF") services. Moreover, NMC also owns and operates Americare Group, the leading home care provider in the UAE as well as ProVita, the pioneering provider of long-term medical care, also in the UAE. The enlarged company received almost 4.3 million patients in 2016. The Group is also a leading UAE supplier of products and consumables across several key market segments, with the major contribution coming from healthcare related products. The Group reported revenues of US$1,220.8 million for the year ended 31 December 2016.

 

In April 2012 NMC was listed on the Premium Segment of the London Stock Exchange. NMC is a constituent of the FTSE 250 Index.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTPTMFTMBITBIR
Date   Source Headline
23rd Dec 20194:35 pmRNSPrice Monitoring Extension
23rd Dec 20194:17 pmRNSHolding(s) in Company
23rd Dec 201910:52 amRNSSettlement of Corporate Bond buyback
23rd Dec 20197:00 amRNSTransactions in Own Shares
23rd Dec 20197:00 amRNSAnnouncement of Independent Review
20th Dec 20193:00 pmRNSPDMR Shareholding
19th Dec 20195:25 pmRNSResponse to Recent Report
19th Dec 20197:00 amRNSTransactions in Own Shares
18th Dec 20194:11 pmRNSHolding(s) in Company
18th Dec 20197:00 amRNSShare buyback programme
18th Dec 20197:00 amRNSResponse to Share Price Movement
17th Dec 20197:00 amRNSResults of Invitation of Convertible Bond Buyback
16th Dec 20197:00 amRNSConvertible Bond Buyback
12th Dec 20199:34 amRNSHolding(s) in Company
6th Dec 201910:04 amRNSHolding(s) in Company
5th Dec 201912:54 pmRNSResults of voting at General Meeting
2nd Dec 20194:37 pmRNSPDMR Shareholding
28th Nov 201911:00 amRNSHolding(s) in Company
22nd Nov 201910:47 amRNSHolding(s) in Company
20th Nov 201910:16 amRNSHolding(s) in Company
19th Nov 20197:00 amRNSNotice of General Meeting
11th Nov 20191:44 pmRNSPDMR Shareholding
31st Oct 20191:00 pmRNSBlock Listing Six Monthly Return
31st Oct 20191:00 pmRNSTotal Voting Rights
31st Oct 20191:00 pmRNSBlock Listing Six Monthly Return
21st Oct 20197:00 amRNSCapital Markets Day Update
27th Sep 20192:00 pmRNSExercise of Options
2nd Sep 201912:57 pmRNSTR-1 Notification of Major Holdings
22nd Aug 20197:00 amRNSShare buyback programme
22nd Aug 20197:00 amRNSHalf Year Results
8th Aug 201911:46 amRNSStatement re. share price movement
5th Aug 20197:00 amRNSNotice of Half Year 2019 Results
5th Aug 20197:00 amRNSPDMR Notification
1st Jul 201912:26 pmRNSTotal Voting Rights
20th Jun 20195:04 pmRNSResults of voting at Annual General Meeting
18th Jun 201910:27 amRNSNotice of appointment of additional guarantors
11th Jun 20191:18 pmRNSExercise of share awards
30th May 20191:44 pmRNSTotal Voting Rights
30th May 20191:40 pmRNSPDMR Notification
29th May 201912:00 pmRNSExercise of Options
28th May 20197:00 amRNSClosing of KSA JV Transaction
20th May 20194:00 pmRNSAGM and Dividend Timetable
20th May 20194:00 pmRNS2018 Annual Report Published
17th May 20192:10 pmRNSExercise of options
17th May 20192:10 pmRNSShare Plans Block Listing Application
8th May 201911:40 amRNSDirector/PDMR Shareholding
30th Apr 20199:49 amRNSTotal Voting Rights
26th Apr 20199:41 amRNSBlock listing Six Monthly Return
26th Apr 20199:38 amRNSBlock listing Six Monthly Return
5th Apr 20199:49 amRNSBoard Change

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.