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.
Details of the person discharging managerial responsibilities / person closely associated
Khalifa Bin Butti
Reason for the notification
Executive Vice Chairman
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
NMC Health plc
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
Description of the financial instrument, type of instrument
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
Price(s) and volume(s)
No. of shares
Date of the transaction
1 August 2019
Place of the transaction
Not on a trading platform
Simon Watkins, Group Company Secretary
+44 (0)20 3205 7313
FTI Consulting, London
+44 (0)20 3727 1000
FTI Consulting, Gulf
+971 (0)4 437 2100
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