NMC Health requests delisting from LSE – ZAWYA

  • Date: 27-Apr-2020
  • Source: Zawya
  • Sector:Healthcare
  • Country:UAE
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NMC Health requests delisting from LSE – ZAWYA

DUBAI - Troubled hospital operator NMC Health 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 .. Abu Dhabi Commercial Bank said this month that it had begun criminal proceedings in Abu Dhabi against an unspecified number of individuals in relation to NMC.. The company's lenders and administrators are now in talks over NMC's debt pile..