Ramsay Health Care: RHC Announces Distribution of Its 52.79% Stake
Ramsay Health Care Limited has announced its intention to distribute its 52.79% stake in Ramsay Santé in kind to its own shareholders. This operation, subject to required approvals, could be implemented during the fourth quarter of 2026.
Announcement of In-Kind Distribution
On February 20, 2026, Ramsay Health Care Limited (RHC) announced its plan to proceed with an in-kind distribution of its 52.79% stake in Ramsay Santé to its own shareholders. This decision follows RHC's review of its strategic options regarding its majority stake, which was previously communicated to the market in a statement on November 25, 2025. RHC does not rule out exploring alternative options and states it is ready to engage in discussions with third parties who might be interested. The Ramsay Santé Board of Directors was informed of this plan during a meeting held today.
Termination of Shareholder Agreement
RHC has decided to terminate the shareholder agreement signed on September 30, 2014, with Crédit Agricole Assurances, through its subsidiary Predica, which holds a 39.82% stake in Ramsay Santé. In accordance with the terms of the agreement, it will end effective October 1, 2026. Crédit Agricole Assurances reiterated its commitment as a long-term shareholder and its confidence in the group's strategy and teams. It confirmed that it does not intend to increase its stake or take control of the company. According to information provided by RHC, the project could be implemented in the fourth quarter of 2026, subject to required approvals. Ramsay Santé will promptly initiate the information-consultation procedure with its staff representative bodies, in accordance with applicable regulations.
Independent Financial Structure
Listed on Euronext Paris, Ramsay Santé boasts a balance sheet and a financing structure that are independent and autonomous from RHC. The group has independently established a market-leading position, supported by a dedicated management team and a clear governance framework. The full statement from Ramsay Health Care Limited can be viewed on www.ramsayhealth.com. Ramsay Santé will keep the market informed of any significant developments, in compliance with its ongoing disclosure obligations.
