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PDMR Notification

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RNS Number : 8228H
NMC Health Plc
05 August 2019
 

 

NMC Health plc

 

PDMR notification

 

London, 5 August 2019: NMC Health plc (LSE:NMC) ('NMC'), the leading private healthcare operator in the Gulf Cooperation Council (GCC) with international services across 19 countries, announces that it received notification on 2 August 2019 from Mr. Khalifa Bin Butti, Executive Vice Chairman of the Company, that following the repayment of financing by NOV Partners Investment Limited, 6,635,294 ordinary shares previously pledged as security in relation to borrowings by NOV Partners Investment Limited has been released from the pledged.

 

Voting rights in relation to the shares released from the secured pledge are not affected by this transaction as these have always remained with Mr Bin Butti.

 

The Notification of Dealing Form for Mr Bin Butti can be found below.

 

This notification is made in accordance with the Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Khalifa Bin Butti

2

Reason for the notification

a)

Position/status

Executive Vice Chairman

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

NMC Health plc

b)

LEI

2138008YQEVWBE1V2M52

 

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

 

ISIN: GB00B7FC0762

b)

Nature of the transaction

Release of secured pledged on 6,635,294 ordinary shares beneficially owned by Mr Khalifa Bin Butti previously pledged in relation to borrowings by NOV Partners Investment Limited.

 

Voting rights in relation to the shares previously pledged are not affected as these have always remained with Mr Bin Butti

 

c)

Price(s) and volume(s)

 

 

 Price

No. of shares

NA

6,635,294

 

 

d)

Aggregated information

- volume

- Price

- Total

 

 

 

 

6,635,294

 

NA

 

NA

 

 

e)

Date of the transaction

1 August 2019

f)

Place of the transaction

Not on a trading platform

 

 

Contacts

 

Investors

 

 

NMC

 

Simon Watkins, Group Company Secretary

+44 (0)20 3205 7313

 

 

Media

 

FTI Consulting, London

 

Brett Pollard

+44 (0)20 3727 1000

 

 

FTI Consulting, Gulf

 

Shane Dolan

+971 (0)4 437 2100  

 

 

 

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: NMC Health PLC

Price: 2605

Market: AIM
Market Cap: £5.44 billion
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