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NMC says it remains 'disappointed' in Shetty's ownership disclosure

February 19
01:04 2020

NMC Health , the Middle Eastern hospital operator that’s part of the FTSE 100 and a target of short-seller Muddy Waters, said its board “remains disappointed” in the disclosures made by Dr Bavaguthu Raghuram Shetty on his ownership. The company said it’s not able to independently verify the information received from Shetty, the company’s alleged top shareholder who on Monday stepped down as chairman. “The Board continues to encourage Dr Shetty and his advisers to ascertain the correct legal position in relation to his ownership of Ordinary Shares without further delay,” the company said in a statement.

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