30 Jun 2014 13:00
NMC Health plc
NOTIFICATION MADE IN ACCORDANCE WITH RULE 3.1.4 (1) (a) OF THE
DISCLOSURE AND TRANSPARENCY RULES
London, 30 June 2014: NMC Health plc (LSE:NMC) ('NMC'), the leading integrated private sector healthcare operator in the United Arab Emirates, announces that it received notification today from Dr B. R. Shetty, the Chief Executive Officer and Founder of NMC, that on 30 June 2014, he acquired 10,000,000 shares in NMC from H.E. Saeed Bin Butti Al Qebaisi, NMC's largest shareholder, at a price of 500p per share.
As a result of this transaction, Dr Shetty's interest in the shares of the Company has increased to 47,742,409 shares, representing 25.71% of the current issued share capital of the Company.
Contacts
Investors
NMC
Roy Cherry, Head of Strategy and Investor Relations +971 50 667 0184
Media
Brunswick London
Justine McIlroy / Azadeh Varzi +44 20 7404 5959
Brunswick Gulf
Steve Martin Wajih Halawa
+971 5 6696 9232 +971 5 0100 9207
About NMC
NMC Health plc group is the leading integrated private sector healthcare operator in the United Arab Emirates, with a nation-wide network of hospitals and operations in the country since 1975. The Healthcare division currently operates or manages five hospitals, two day-care patient centres, one medical centre and eight pharmacies. The company received 2.1m patients in 2013. The group also operates a significant UAE wide Distribution business supplying product lines across several key market segments, including: Pharmaceutical, FMCG, Food and Scientific and Medical Equipment. NMC Health plc group reported revenues of US$ 550.9m in 2013.
In April 2012 NMC Health plc was listed on the Premium Segment of the London Stock Exchange. At the time of its IPO, the group raised funds to enable it to pursue a further growth plan with a number of capital projects for new healthcare facilities in Abu Dhabi and Dubai. NMC Health plc is a constituent of the FTSE 250 Index.