NMHLY - NMC Health Plc

Other OTC - Other OTC Delayed Price. Currency in USD
0.3300
-0.0310 (-8.59%)
As of 10:03AM EDT. Market open.
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Previous close0.3610
Open0.3610
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.3061 - 0.3950
52-week range0.0680 - 37.8500
Volume546,104
Avg. volume3,732,579
Market cap68.872M
Beta (5Y monthly)0.59
PE ratio (TTM)0.26
EPS (TTM)1.2900
Earnings dateN/A
Forward dividend & yield0.23 (54.62%)
Ex-dividend date14 Jun 2019
1y target estN/A
  • UAE's NMC Health delays May staff salaries - memo
    Reuters

    UAE's NMC Health delays May staff salaries - memo

    The troubled hospital operator, which usually pays salaries by the 25th of every month, said in an internal email to employees on Monday that this month's payroll processing will commence only on May 27. "In the coming days, we will begin to release salaries in a phased manner just as we've done successfully in previous months," acting Chief Executive Michael Davis said in the email, adding that he does not foresee any further delay. NMC Health was not immediately available for a comment.

  • Financial Times

    Indian court freezes assets of NMC Health founder

    The founder of the collapsed NMC Health group has had his assets in India frozen, as one of the country’s largest banks seeks to recover more than $250m in outstanding loans. An Indian court has restricted BR Shetty and his wife from selling or encumbering properties claimed as partial security against debts that Bank of Baroda said are personally guaranteed by the entrepreneur. The May 16 freezing order, seen by the Financial Times, is the first step in the bank’s attempts to recover loans made to NMC and to other firms with links to Mr Shetty, including Finablr, which owns the Travelex chain of foreign exchange shops.

  • Ashmore shows interest in deal to run NMC hospitals - sources
    Reuters

    Ashmore shows interest in deal to run NMC hospitals - sources

    Emerging markets-focused investment manager Ashmore Group <ASHM.L> has shown interest in a contract to operate troubled NMC Health's chain of hospitals in the United Arab Emirates (UAE), two sources close to the matter told Reuters. The British company's approach excludes any acquisition of NMC Health, the London-listed holding company that was placed into administration last month after months of turmoil, one of the sources said. Ashmore, whose private-equity arm focuses on healthcare sector, is among a number of potential bidders seeking a deal to run the hospitals, both sources said.

  • GlobeNewswire

    May 11 Deadline Alert: Portnoy Law Advises Cronos, NMC Health, Funko and Norwegian Cruise Line Investors of Looming Class Action Deadline

    LOS ANGELES, May 10, 2020 -- The Portnoy Law Firm advises investors that class action lawsuits have been filed on behalf of the following publicly traded companies..

  • GlobeNewswire

    NMC DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In NMC Health Plc To Contact The Firm

    Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in NMC Health Plc (“NMC” or the “Company”) (Other OTC:NMHLY) of the May 11, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in NMC stock or options between March 13, 2016 and March 10, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/NMHLY.

  • GlobeNewswire

    NMC FINAL DEADLINE, ROSEN, A TOP RANKED FIRM, Encourages NMC Health Plc Investors to Contact Firm Prior to May 11 Deadline For Class Action First Filed by Firm Seeking Recovery of Investor losses – NMHLY

    NEW YORK, May 08, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY)  between March 13, 2016 and.

  • GlobeNewswire

    NMHLY DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds NMC Health Plc Investors of Class Action and Lead Plaintiff Deadline: May 11, 2020

    This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls and risk management; (2) the Company engaged in undisclosed and extensive related party and de facto related party transactions; (3) NMC's debts were significantly understated and obfuscated; (4) NMC's cash-on-hand figures were overstated; (5) NMC's principal shareholders were not accurately reporting or accounting their interests or stakes in the Company; (6) NMC did not review or know their principal shareholders interests or stakes in the Company; (7) consequently, the Company was not enforcing its Relationship Agreement with the principal shareholders; and (8) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

  • GlobeNewswire

    SHAREHOLDER ALERT:  Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in NMC Health Plc of Class Action Lawsuit and Upcoming Deadline – NMHLY

    Pomerantz LLP announces that a class action lawsuit has been filed against NMC Health Plc (“NMC” or the “Company”) (OTC Pink: NMHLY) and certain of its officers (collectively, the “Defendants”). The class action, filed in United States District Court for the Central District of California, and indexed under 20-cv-02895, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired publicly traded NMC securities between March 13, 2016, and March 10, 2020, inclusive (the “Class Period”).

  • NMC INVESTOR FILING DEADLINE: Bernstein Liebhard Reminds Investors That Only 5 Days Remain to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against NMC Health PLC
    Business Wire

    NMC INVESTOR FILING DEADLINE: Bernstein Liebhard Reminds Investors That Only 5 Days Remain to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against NMC Health PLC

    Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of a deadline to file a lead plaintiff motion in a securities class action has been filed on behalf of investors that purchased or acquired the securities of NMC Health PLC ("NMC Health" or the "Company") ( OTC BB: NMHLY) between March 13, 2016 and March 10, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Exchange Act of 1934.

  • Reuters

    UK watchdog investigates EY audit of NMC Health

    Britain's accounting regulator said it has opened an investigation into EY's audit of NMC Health, the troubled hospital operator that was placed into administration in April. Shares in NMC were suspended on the London Stock Exchange after the company revised its debt position to $6.6 billion, well above earlier estimates. "On 15 April 2020 the Financial Reporting Council opened an investigation into the audit by Ernst and Young LLP of the financial statements of NMC Health for the year ended 31 December 2018," the FRC said in a statement on Monday.

  • Business Wire

    NMHLY LOSS NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Investors of NMC Health Plc to Contact the Firm Prior to the Important Deadline in Suit Seeking Recovery of Investor Losses First Filed by the Firm – NMHLY

    Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY) between March 13, 2016 and March 10, 2020, inclusive (the "Class Period"), of the important May 11, 2020 lead plaintiff deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for NMC investors under the federal securities laws.

  • GlobeNewswire

    NMHLY LOSS NOTICE: ROSEN, A GLOBALLY RECOGNIZED FIRM, Reminds NMC Health Plc Investors of Important May 11 Deadline in First Filed Securities Class Action Commenced By the Firm - NMHLY

    NEW YORK, April 30, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY)  between March 13, 2016 and.

  • GlobeNewswire

    NMHLY INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds NMC Health Plc Investors of Class Action and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls and risk management; (2) the Company engaged in undisclosed and extensive related party and de facto related party transactions; (3) NMC's debts were significantly understated and obfuscated; (4) NMC's cash-on-hand figures were overstated; (5) NMC's principal shareholders were not accurately reporting or accounting their interests or stakes in the Company; (6) NMC did not review or know their principal shareholders interests or stakes in the Company; (7) consequently, the Company was not enforcing its Relationship Agreement with the principal shareholders; and (8) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

  • GlobeNewswire

    INVESTOR FILING DEADLINES: Bernstein Liebhard LLP Reminds Investors in Funko Inc., NMC Health PLC, and Norwegian Cruise Line Holdings Ltd., of Filing Deadlines

    Bernstein Liebhard LLP announces that class action complaints have been filed on behalf of shareholders of FNKO, NMHLY, and NCLH. If you wish to serve as lead plaintiff, you must move the court by the lead plaintiff deadlines listed below. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

  • UAE banks face write-downs of between 25%-50% on NMC debt, sources say
    Reuters

    UAE banks face write-downs of between 25%-50% on NMC debt, sources say

    Banks in the United Arab Emirates (UAE) with exposure to troubled hospital operator NMC Health <NMC.L> risk having to make provisions for between 25% to 50% on more than $2 billion of outstanding debt to the company, three banking sources said. NMC, the largest private healthcare provider in the UAE, was placed into administration earlier in April after months of turmoil which followed questions about its financial reporting from short-seller Muddy Waters. NMC's shares were suspended two months ago and on Monday the company requested the delisting of its shares from the London Stock Exchange.

  • Reuters

    NMC Health requests delisting from LSE

    Troubled hospital operator NMC Health <NMC.L> said on Monday it requested its shares be delisted from the London Stock Exchange after they were suspended two months ago. Shares in the UAE-based company were suspended two months ago and it was placed into administration this month following an application form one of the company's biggest lenders, Abu Dhabi Commercial Bank <ADCB.AD>. "We are working at pace to ensure continuity of patient care, stability for staff and suppliers and financial security for NMC's operating companies," Richard Fleming, joint administrator of NMC Health and managing director of Alvarez & Marsal, said in a statement on NMC's behalf.

  • GlobeNewswire

    ROSEN, A TOP RANKED FIRM, Reminds NMC Health Plc Investors of Important May 11th Deadline in First Filed Securities Class Action Commenced By the Firm – NMHLY

    NEW YORK, April 23, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY) between March 13, 2016 and.

  • GlobeNewswire

    ROSEN, A RANKED AND LEADING FIRM, Reminds NMC Health Plc Investors of Important May 11th Deadline in First Filed Securities Class Action Commenced By the Firm – NMHLY

    NEW YORK, April 15, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY) between March 13, 2016 and.

  • Reuters

    ADCB files criminal complaint against individuals over NMC Health

    Abu Dhabi Commercial Bank <ADCB.AD> said on Wednesday it had begun criminal proceedings in Abu Dhabi against an unspecified number of individuals in relation to hospital operator NMC Health <NMC.L>, which was placed in administration last week. "ADCB confirms that it has initiated criminal legal proceedings with the Attorney General in Abu Dhabi against a number of individuals in relation to NMC Health Group," the bank said in a statement, which did not name the individuals. It said that the legal action was consistent with the objective of protecting its interests after administrators for NMC Health said on Tuesday they had replaced its board and asked ADCB to lead a steering group to discuss cutting its debts.

  • Shareholder Alert: Robbins LLP Announces It Is Investigating NMC Health Plc (NMHLY) Sued for Misleading Shareholders
    Business Wire

    Shareholder Alert: Robbins LLP Announces It Is Investigating NMC Health Plc (NMHLY) Sued for Misleading Shareholders

    Shareholder rights law firm Robbins LLP announces that it is investigating NMC Health Plc (OTC: NMHLY) for alleged violations of the Securities Exchange Act of 1934 and whether the Company's officers and directors breached their fiduciary duties to shareholders. NMC provides healthcare services in the United Arab Emirates, the United Kingdom, Spain, and internationally.

  • Reuters

    NMC executive chairman requests banks to keep credit lines open

    The executive chairman of troubled hospital operator NMC Health <NMC.L> said on Wednesday banks and creditors should continue to keep credit lines open for the company even if it goes into administration. Faisal Belhoul said in a statement banks should ensure the company has "the necessary liquidity to maintain healthcare operations and must continue to support the salaries of thousands of healthcare workers at this time." NMC Health, UAE's biggest private hospital group, said earlier on Wednesday it expects to be placed into administration in due course, following weeks of uncertainty relating to its debt levels and undisclosed shareholder dealings.

  • NMC Health expects to be placed into administration as talks with lenders fail
    Reuters

    NMC Health expects to be placed into administration as talks with lenders fail

    Healthcare company NMC Health <NMC.L> said on Wednesday it expects to be placed into administration in due course, following weeks of uncertainty relating to its debt levels and undisclosed shareholder dealings. NMC said in a statement it was unable to reach agreement with its creditors despite strenuous efforts to address their concerns. Abu Dhabi Commercial Bank <ADCB.AD>, one of the major lenders to NMC Health, filed an application earlier this month in a UK court to put the company into administration.

  • GlobeNewswire

    NMHLY DEADLINE NOTICE, ROSEN, A TOP LAW FIRM, Reminds NMC Health Plc Investors of Important May 11th Deadline in First Filed Securities Class Action; Investors With Large Losses Should Contact Firm – NMHLY

    NEW YORK, April 07, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NMC Health Plc (OTC: NMHLY) between March 13, 2016 and.

  • GlobeNewswire

    CRON & NMHLY INVESTOR UPDATE: Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions and Encourages Investors to Contact the Firm

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.

  • UAE's top banks reveal exposure to troubled hospital group NMC Health
    Reuters

    UAE's top banks reveal exposure to troubled hospital group NMC Health

    UAE's top banks including Emirates NBD and Dubai Islamic Bank on Sunday disclosed hundreds of millions of dollars of exposure to hospital group NMC Health, which a lender has asked a British court to put into administration. NMC - which recently revised its debt position to $6.6 billion, well above earlier estimates - has seen its stock more than halve in value since December after short-seller Muddy Waters questioned its financial statements. Dubai Islamic Bank said on Sunday it has a $425 million exposure to NMC Heath, while its subsidiary Noor Bank has a further $116 million.