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21 Nov 2013 09:00

RNS Number : 5663T
NMC Health Plc
21 November 2013
 

 

 

 

NMC Health plc

 

NOTIFICATION MADE IN ACCORDANCE WITH

 RULE 3.1.4 (1) (a) OF THE DISCLOSURE AND TRANSPARENCY RULES

 

 

London, 21 November 2013: NMC Health plc (LSE:NMC) ('NMC') received notification on 20 November 2013 from Mr. Khalifa Bin Butti, Executive Vice Chairman of the Company, that his 19,059,842 shares in NMC (the "Shares") have been used as collateral in relation to an additional loan (the "Additional Loan") provided to him by United Arab Bank PJSC ("UAB"). The charge documentation and Additional Loan were completed on 20 November 2013.

 

As announced by NMC on 8th May 2013, the Shares had been used as collateral for a previous loan also provided to Mr Bin Butti by UAB (the "Loan").

 

As a result of Mr Bin Butti's agreements in respect of the Loan and the Additional Loan with UAB, UAB holds a charge over the Shares. Mr Bin Butti retains the voting rights over the Shares.

 

 

ENDS

 

Contacts

 

NMC

Simon Watkins, Group Company Secretary +44 7869 294337

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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