Level 2

Company Announcements

Director/PDMR Shareholding

Related Companies

By LSE RNS

RNS Number : 6501E
NMC Health Plc
09 May 2017
 

NMC Health plc

 

Grant of options

 

 

London, 9 May 2017:  NMC Health plc (LSE:NMC) ('the Company'), the leading integrated healthcare provider operating across the United Arab Emirates (UAE), announces that on 9 May 2017 it granted awards over a total of 150,435 Ordinary shares under its Deferred Share Bonus Plan.

 

These awards, by way of nil-cost options, were made to Directors and PDMRs of the Company as follows:

 

Name of individual

Director/PDMR

Number of shares subject to award

Dr B R Shetty

Director

39,583

Mr P. Manghat

Director

33,493

Mr S. Krishnamoorthy

PDMR

21,923

Dr C R Shetty

PDMR

21,923

Mr R Cherry

PDMR

21,212

Mr S. Watkins

PDMR

12,301

 

Under the terms of the Company's Short Term Incentive Plan, two-thirds of any earned bonus is to be provided in the form of a share award which provides that such shares are only released to participants after a deferral period of one-year in relation to 50% of the share award and two-years in relation to the remaining 50% of the award.

 

The DSBP is the plan which the Company is operating to deliver such deferred shares to scheme participants. The above award is in relation to the bonus earned pursuant to the 2016 Short Term Incentive Plan.  

 

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

Dr B R Shetty

Mr Prasanth Manghat

Mr Suresh Krishnamoorthy

Dr C R Shetty

Mr Roy Cherry

Mr Simon Watkins

 

2

Reason for the notification

a)

Position/status

Directors and PDMRs of the Company

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

Options over Ordinary Shares

 

 ISIN: GB00B7FC0762

b)

Nature of the transaction

Grant of nil-cost options

 

c)

Price(s) and volume(s)

 Price

No. of shares

0p

39,583

0p

33,493

0p

21,923

0p

21,923

0p

21,212

0p

12,301

 

d)

Aggregated information

- volume

- Price

- Total

N/A

 

 

 

e)

Date of the transaction

9 May 2017

f)

Place of the transaction

Not on a trading venue

 

 

Contacts

 

NMC

 

Simon Watkins, Group Company Secretary

+44 (0)20 3205 7313

 

 

Media

 

FTI Consulting, London

 

Matthew Cole

+44 (0)20 3727 1101

 

 

FTI Consulting, Gulf

 

Shane Dolan

+971 (0)4 437 2100

 


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

Top of Page