NMC Health Plc Director/PDMR Shareholding (6501E)
May 09 2017 - 11:39AM
UK Regulatory
TIDMNMC
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 Initial notification
/Amendment
--- ------------------------ --------------------------------------
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 Options over Ordinary Shares
of the financial
instrument, ISIN: GB00B7FC0762
type of instrument
Identification
code
--- ------------------------ --------------------------------------
b) Nature of Grant of nil-cost options
the transaction
--- ------------------------ --------------------------------------
c) Price(s) and Price No. of shares
volume(s) ------ --------------
0p 39,583
------ --------------
0p 33,493
------ --------------
0p 21,923
------ --------------
0p 21,923
------ --------------
0p 21,212
------ --------------
0p 12,301
------ --------------
--- ------------------------ --------------------------------------
d) Aggregated N/A
information
- volume
- Price
- Total
--- ------------------------ --------------------------------------
e) Date of the 9 May 2017
transaction
--- ------------------------ --------------------------------------
f) Place of the Not on a trading venue
transaction
--- ------------------------ --------------------------------------
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
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