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NMC Completion of Acquisition of Al Zahra Hospital

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By LSE RNS

RNS Number : 4629A
NMC Health Plc
24 March 2017
 

24 March 2017

 

NMC Health plc

(the "Company" or "NMC")

 

Completion of acquisition of the Al Zahra Hospital

 

NMC Health plc (LSE:NMC), the leading integrated healthcare provider operating across the United Arab Emirates (the "UAE"), is pleased to announce that the acquisition (the "Acquisition") of Al Zahra Hospital in Sharjah (the "Al Zahra Hospital") from Gulf Medical Projects Company ("GMPC") has completed. As stated in the full year results, NMC will consolidate the Acquisition from 1 February 2017.

 

Enquiries:

 

NMC Health plc

Prasanth Manghat, Chief Executive Officer

+971 (0)50 522 5648

Suresh Krishnamoorthy, Chief Financial Officer

+971 (0)50 591 5365

 

J.P. Morgan Cazenove

+44 (0)20 7742 4000

Sjoerd Leenart
James Mitford

Alex Bruce

 

Standard Chartered Bank

+971 (0)4 508 3410

Arnab Chatterjee

Muhannad Mukahall

Joelle Korban

 

HSBC

+44 (0)20 7991 8888

Stuart Dickson

Richard Fagan

Rahul Khanna

 

Media:

 

FTI Consulting, London

Matthew Cole

+44 (0)20 3727 1101

 

FTI Consulting, Gulf

Shane Dolan

+971 (0)4 437 2100

 

 

About NMC

NMC Health plc group is the leading private sector healthcare operator in the United Arab Emirates, with a nation-wide network of hospitals and operations in the country since 1975. NMC currently operates or manages four strategic verticals within its healthcare division. In addition, the Group is also a leading UAE supplier of products and consumables across several key market segments, through its distribution division, with the major contribution coming from healthcare related products. The enlarged company received almost 4.3m patients in 2016. The group is also a leading UAE supplier of products and consumables across several key market segments, with the major contribution coming from healthcare related products. NMC Health plc group reported revenues of US$1220.8m in 2016.

 

In April 2012 NMC Health plc was listed on the Premium Segment of the London Stock Exchange. NMC Health plc is a constituent of the FTSE 250 Index.


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