9th Mar 2018 11:02
NMC Health plc
Grant of options
London, 9 March 2018: NMC Health plc (LSE: NMC), the leading United Arab Emirates private healthcare operator with international services across 13 countries, announces that on 8 March 2018 it granted awards over a total of 186,382 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 |
Prasanth Manghat | Director | 56,858 |
Khalifa Bin Butti | Director | 33,953 |
Hani Buttikhi | Director | 25,065 |
Prashanth Shenoy | PDMR | 22,024 |
Michael Davis | PDMR | 15,102 |
Dr. Chandrakumari Shetty | PDMR | 20,841 |
Simon Watkins | PDMR | 12,539 |
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 EBITDA 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 | Mr Prasanth Manghat Mr Khalifa Bin Butti Mr Hani Buttikhi Mr Prashanth Shenoy Mr Michael Davis Dr Chandrakumari Shetty 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) |
| ||||||||||||||||
d) | Aggregated information - volume - Price - Total | N/A
| ||||||||||||||||
e) | Date of the transaction | 8 March 20018 | ||||||||||||||||
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 |
|
Brett Pollard | +44 (0)20 3727 1100 |
| |
FTI Consulting, Gulf |
|
Shane Dolan | +971 (0)4 437 2100 |
Related Shares:
NMC.L