Source - LSE Regulatory
RNS Number : 3216G
Mediclinic International plc
23 July 2021
 

Mediclinic International plc
(Incorporated in England and Wales)
Company Number: 08338604
LSE Share Code: MDC

JSE Share Code: MEI
NSX Share Code: MEP

ISIN: GB00B8HX8Z88

LEI: 2138002S5BSBIZTD5I60

("Mediclinic", the "Company", or the "Group")

 

23 July 2021

 

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

On 21 July 2021, Jurgens Myburgh, Group Chief Financial Officer, acquired 4 000 shares in the Company at a price of ZAR57.06 per share. Subsequently, on 22 July 2021, Dr Ronnie van der Merwe, Group Chief Executive Officer, acquired 10 000 shares in the Company at a price of ZAR57.02 per share.

 

These purchases were made following the vesting on 20 July 2021 of awards made under the Company's Short Term Incentive scheme, which were settled in cash in accordance with the remuneration policy that applied at the time the awards were granted, as set out in the announcement issued on 21 July 2021 (RNS number 9636F). Consistent with that policy, both directors have applied proceeds from the vesting towards purchasing shares in the Company to continue building up their shareholding towards their minimum shareholding guidelines under the current remuneration policy.

 

Following these transactions, Jurgens Myburgh and Ronnie van der Merwe now own a total of 94 500 and 61 630 shares, respectively, in Mediclinic.

 

The following notifications are made in accordance with Articles 19.1 and 19.3 of the Market Abuse Regulation.

 

1.

Details of PDMR / persons closely associated with them ("PCA")

 

a)

Name

Carel Aron van der Merwe

 

2.

Reason for the notification

 

a)

Position / status

Group Chief Executive Officer

 

b)

Initial notification / amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Mediclinic International plc

 

b)

LEI

2138002S5BSBIZTD5I60

 

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

 

Identification Code

Ordinary Shares

 

 

GB00B8HX8Z88

 

b)

Nature of the transaction

Purchase of shares

 

 

c)

Price(s) and volume(s)

Price(s) per share

Volume(s)

ZAR57.02

10 000

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

 

10 000

 

ZAR57.02 per share

 

 

e)

Date of the transaction

22 July 2021

 

 

f)

Place of the transaction

Johannesburg Stock Exchange

 

 

 

 

1.

Details of PDMR / persons closely associated with them ("PCA")

 

a)

Name

Mr Petrus Jurgens Myburgh

 

2.

Reason for the notification

 

a)

Position / status

Group Chief Financial Officer

 

b)

Initial notification / amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Mediclinic International plc

 

b)

LEI

2138002S5BSBIZTD5I60

 

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

 

Identification Code

Ordinary Shares

 

 

GB00B8HX8Z88

 

b)

Nature of the transaction

Purchase of shares

 

 

c)

Price(s) and volume(s)

Price(s) per share

Volume(s)

ZAR57.06

2 524

ZAR57.06

1 476

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

 

4 000

 

ZAR57.06 per share

 

 

e)

Date of the transaction

21 July 2021

 

 

f)

Place of the transaction

Johannesburg Stock Exchange

 

 

 

About Mediclinic International plc

 

Mediclinic is a diversified international private healthcare services group, established in South Africa in 1983, with divisions in Switzerland, Southern Africa (South Africa and Namibia) and the United Arab Emirates ("UAE").

 

The Group's core purpose is to enhance the quality of life.

 

Its vision is to be the partner of choice that people trust for all their healthcare needs.

 

Mediclinic is focused on providing specialist-orientated, multi-disciplinary services across the continuum of care in such a way that the Group will be regarded as the most respected and trusted provider of healthcare services by patients, medical practitioners, funders and regulators of healthcare in each of its markets.

 

At 31 March 2021, Mediclinic comprised 74 hospitals, five subacute hospitals, two mental health facilities, 18 day case clinics and 18 outpatient clinics. Hirslanden operated 17 hospitals and four day case clinics  in Switzerland with more than 1 900 inpatient beds; Mediclinic Southern Africa operations included 50 hospitals (three of which in Namibia), five sub-acute hospitals, two mental health facilities and 12 day case clinics (four of which operated by Intercare) across South Africa, and around 8 600 inpatient beds; and Mediclinic Middle East operated seven hospitals, two day case clinics and 18 outpatient clinics with more than 900 inpatient beds in the UAE. In addition, under management contracts, Mediclinic Middle East operates one hospital in Abu Dhabi and will open a 200-bed hospital in the Kingdom of Saudi Arabia in mid-2022.

 

The Company's primary listing is on the London Stock Exchange ("LSE") in the United Kingdom, with secondary listings on the JSE in South Africa and the Namibian Stock Exchange in Namibia.

 

Mediclinic also holds a 29.9% interest in Spire Healthcare Group plc, a leading private healthcare group based in the United Kingdom and listed on the LSE.

 

For further information, please contact:

 

Company Secretary, Link Company Matters Limited

Caroline Emmet

+44 (0)333 300 1930

 

Investor Relations, Mediclinic International plc

James Arnold, Head of Investor Relations

ir@mediclinic.com

+44 (0)20 3786 8181

 

Media queries

FTI Consulting

Ben Atwell/Ciara Martin - United Kingdom

+44 (0)20 3727 1000

Sherryn Schooling - South Africa

+27 (0)21 487 9000

 

Registered address: 6th Floor, 65 Gresham Street, London, EC2V 7NQ, United Kingdom

Website: www.mediclinic.com

Corporate broker (United Kingdom): Morgan Stanley & Co International plc and UBS Investment Bank

JSE sponsor (South Africa): Rand Merchant Bank (A division of FirstRand Bank Limited)

NSX sponsor (Namibia): Simonis Storm Securities (Pty) Ltd

 

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