NMCN (NMCN)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

 117.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 380.00
  • 52 Week Low: 117.50
  • Currency: UK Pounds
  • Shares Issued: 10.40m
  • Volume: 0
  • Market Cap: £12.22m

KKR says it has not made bid offer for NMC

By Frank Prenesti

Date: Tuesday 11 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Private equity group Kohlberg Kravis Roberts (KKR) said it had not made any bid approach to troubled Middle East healthcare company NMC.
"KKR confirms that it has not made a proposal nor discussed with NMC the terms of any possible offer, and that it does not intend to make an offer for NMC," the finance outfit said on Tuesday.

In a separate announcement, GKSD Investment Holding, a company backed by sponsors of Gruppo San Donato, said it was in the preliminary stages of considering an offer for NMC.

On Monday the company's founder and co-chair, Indian billionaire BR Shetty and another major shareholder, were forced to step back from NMC's board after apparent inaccuracies in the size of their stakes in the troubled company.

It also emerged that the Financial Conduct Authority was investigating the matter.

Shetty and fellow board member and shareholder Khalifa al Muhairi were suspended from board duties while a legal review took place.

The holdings of Shetty, al Muhairi and his relative Saeed al Qebaisi may "have been incorrectly reported historically to the company and the market", NMC said in a statement on Monday.

NMC shares have freefallen since short-seller Muddy Waters questioned its finances and management in December.





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NMCN Market Data

Currency UK Pounds
Share Price 117.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 380.00
52 Week Low 117.50
Volume 0
Shares Issued 10.40m
Market Cap £12.22m

NMCN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.79% above the market average66.79% above the market average66.79% above the market average66.79% above the market average66.79% above the market average
62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average
Value
66.79% above the market average66.79% above the market average66.79% above the market average66.79% above the market average66.79% above the market average
62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average62.16% above the sector average
Income
59.03% above the market average59.03% above the market average59.03% above the market average59.03% above the market average59.03% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Growth
82.73% above the market average82.73% above the market average82.73% above the market average82.73% above the market average82.73% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average

NMCN Dividends

  Latest Previous
  Interim Interim
Ex-Div 13-Aug-20 15-Aug-19
Paid 11-Sep-20 13-Sep-19
Amount 10.00p 9.00p

Trades for --2021

Time Volume / Share Price
0 @ 0.000p

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