NMC Health Plc NMC Completion of Acquisition of Al Zahra Hospital (4629A)
March 24 2017 - 6:25AM
UK Regulatory
TIDMNMC
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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