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Ramsay Health Care Limited (ASX:RHC)

ALERT: Price-sensitive ASX Announcement for RHC
Current share price for RHC : $43.360 5.86 (15.63%)+
Announcement
Release
20 Feb 2026 8:23AM
Price at Release
$37.500
Full Release
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Summary
Ramsay Health Care Limited (ASX:RHC) has announced a strategic decision to separate its 52.79% shareholding in Ramsay Santé (PAR:GDS), which is listed on Euronext Paris. This separation aims to simplify Ramsay's operations and focus on its core Australian hospitals business, while Ramsay Santé continues its European strategy independently. Ramsay shareholders will receive Ramsay Santé shares through an in-specie distribution, subject to approvals. The separation is expected to be completed in Q4 2026. The move will provide Ramsay shareholders with direct exposure to Ramsay Santé and simplify Ramsay's financial reporting by deconsolidating Ramsay Santé from its accounts.
Key Points
  • Ramsay Health Care Limited plans to separate its shareholding in Ramsay Santé.
  • The separation will be executed as an in-specie distribution of shares to Ramsay shareholders.
  • The transaction is expected to complete in the fourth quarter of 2026, subject to approvals.
  • Ramsay Santé will continue its strategy independently in Europe.
  • The separation aims to simplify Ramsay's corporate structure and enhance shareholder value.
  • Shareholders will be able to trade Ramsay Santé shares on the ASX through CHESS Depositary Interests.
  • Ramsay will no longer be Ramsay Santé's majority owner post-separation.
  • A webcast by Ramsay's CEO and CFO has been scheduled to discuss the announcement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.