NMC Health Plc - Alvarez & Marsal appointed as administrators
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
In Administration, the existing Board of Directors of
The Joint Administrators will work with the operational management teams and with all relevant governments and regulatory bodies to ensure the continuation of healthcare services.
"I want to start by recognising the extraordinary commitment and dedication that NMC's doctors, nurses, critical care workers and other employees have demonstrated over recent months, and particularly as the world responds to the COVID-19 pandemic.
All hospitals, medical centres, care facilities and other operations in the group are not subject to the administration procedure, so their current activities will not change. We believe that this move, combined with our planned changes to NMC's governance, is the best way to ensure stability and continued patient care at this difficult time.
Our absolute priority is to do everything we can to help these key workers provide the highest quality patient care and services. This is a complex and challenging situation and we will be working tirelessly to support NMC colleagues, patients, customers and other stakeholders."
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of
NOTES TO EDITORS
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This information is provided by RNS, the news service of the
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