Troubled medical-care group NMC Health has asked for its shares to be de-listed from the London Stock Exchange, after a torrid couple of months in which its CEO was sacked, it discovered at least $4.3bn of extra debt and it entered administration on 9 April.

Shares in London-listed NMC, which runs hospitals in the Middle East, had fallen more than 60% between 16 December and the end of February, as a series of revelations about the company’s management and financial position came to light. The shares were suspended from trading on 27 February, and the Financial Conduct Authority launched an enforcement investigation.