NMC Nmc Health Plc

TIDMNMC

RNS Number : 3539V

NMC Health Plc

27 January 2017

NMC Health plc

Grant of options

London, 27 January 2017: NMC Health plc (LSE:NMC) ('the Company'), the leading integrated private healthcare network operator in the United Arab Emirates (UAE) and one of the leading global providers of fertility treatments through its European and Middle Eastern subsidiaries, announces that on 26 January 2017 it granted awards over a total of 562,323 Ordinary shares under its Long Term Incentive Plan.

These awards, by way if 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             148,250 
----------------------  ---------------  ---------------- 
 Mr P. Manghat           Director             125,442 
----------------------  ---------------  ---------------- 
 Mr S. Krishnamoorthy    PDMR                 82,108 
----------------------  ---------------  ---------------- 
 Dr C R Shetty           PDMR                 82,108 
----------------------  ---------------  ---------------- 
 Mr R Cherry             PDMR                 79,439 
----------------------  ---------------  ---------------- 
 Mr S. Watkins           PDMR                 44,976 
----------------------  ---------------  ---------------- 
 
 

The vesting of all the awards granted under the LTIP referred to above are subject to the achievement of performance targets relating to the Company's earnings per share growth and total shareholder return (relative to a comparator group) over a three-year performance period.

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                   Initial notification 
       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, 
       type of 
       instrument 
---  ------------------------  ------------------------------------- 
      Identification            ISIN: GB00B7FC0762 
       code 
---  ------------------------  ------------------------------------- 
 b)   Nature                    Grant of nil-cost options 
       of the 
       transaction 
---  ------------------------  ------------------------------------- 
 c)   Price(s)                  Price       No. of shares 
       and volume(s) 
                                 0p          148,250 
                                 0p          125,442 
                                 0p          82,108 
                                 0p          82,108 
                                 0p          79,439 
                                 0p          44,976 
---  ------------------------  -----------  ------------------------ 
 d)   Aggregated                N/A 
       information 
       - volume 
       - Price 
       - Total 
---  ------------------------  ------------------------------------- 
 e)   Date of                   26 January 2017 
       the transaction 
---  ------------------------  ------------------------------------- 
 f)   Place of                  Not on a trading venue 
       the 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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January 27, 2017 07:15 ET (12:15 GMT)

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