Shares in FTSE 100 healthcare firm NMC Health have been suspended by the financial watchdog. NMC Health suspended trading of its shares on the London Stock Exchange on Thursday, a day after the UAE company removed its chief executive and granted its finance chief extended sick leave.. Shares in FTSE 100-listed NMC Health have been suspended, 24 hours after it fired its chief executive over a growing accounting scandal. The London-listed company also announced that its chief financial officer, Prashanth Shenoy, had been granted extended sick leave. Shares in FTSE 100 healthcare firm NMC Health have been suspended by the financial watchdog. Trading in the shares of NMC Health has been suspended and chief executive Prasanth Manghat has been removed with immediate effect (26 February) The UK's financial regulator, the Financial Conduct Authority, agreed to the suspension after a request by NMC’s board to ensure "the smooth operation of the market", NMC said in a statement to LSE. Trading in the shares of NMC Health have been suspended following discussions with the City regulator in the wake of a deepening accounting scandal.The FTSE 100 private healthcare group said that the UAE hospital operator NMC's shares to be 'temporarily' suspended London stock market regulator gives go ahead for company’s request Published: February 27, 2020 16:28 Manoj Nair, Associate Editor NMC Health shares suspended on LSE NMC Health said on Thursday trading in its shares on the London bourse has been suspended, a day after the UAE healthcare firm removed its top boss and ... amp video_youtube Feb 27 The shares of NMC Health, a component of the London Stock Exchange’s FTSE-100 Index, were suspended on Thursday after an internal review revealed a morass of fraudulent accounting and fiduciary shenanigans. On 11 th September 2019, the shares of NMC Health Plc have touched a new peak of GBX 3,059.00 and reached the lowest price level of GBX 677.01 on 7th February 2020 in the last 52 weeks. Trading in the shares of NMC Health has been suspended and chief executive Prasanth Manghat has been removed with immediate effect (26 February).. NMC Health shares were suspended in February. It comes after the troubled firm fired its chief executive, suspended a member of its treasury team and gave “extended leave” to its finance chief on Wednesday evening after finding discrepancies in … However, the shares of the company have been temporarily suspended and the last traded price was GBX 938.40. NMC Health saw its stock suspended from trading last week after the UK Financial Conduct Authority (FCA) opened a formal enforcement investigation into the company. Now the company's gone into administration and there are lessons to be learnt.
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