Largest Shareholder of Nobilis Health Corp. Acquires Additional Common Shares

HOUSTON, TX--(Marketwired - Feb 22, 2016) - Nobilis Health Corp. ("Nobilis" or the "Company") (TSX: NHC) (NYSE MKT: HLTH) Donald Kramer (the "Offeror"), of c/o Nobilis, 11700 Katy Freeway, Suite 300, Houston, Texas, 77079, today announced that he has acquired, directly and indirectly, an additional 1,880,000 common shares (each, a "Common Share") in the capital of Nobilis Health Corp. (the "Issuer").

On October 1, 2014, the board of directors of the Issuer granted the Offeror 2,000,000 restricted stock units (each, an "RSU"). Each RSU, upon exercise, is convertible into one (1) Common Share. On February 10, 2016, the Offeror exercised 1,800,000 RSUs and was issued 1,800,000 Common Shares from treasury. 

Relying on the normal course purchase exemption under applicable Canadian securities laws, the Offeror also acquired the following Common Shares through the facilities of the NYSE MKT:

• 20,000 Common Shares on February 12, 2016 at a price of US$1.97 (C$2.73) per Common Share;
  
  
• 20,000 Common Shares on February 16, 2016 at a price of US$2.08 (C$2.73) per Common Share;
  
  
• 20,000 Common Shares on February 17, 2016 at a price of US$2.19 (C$3.00) per Common Share; and
  
  
• 20,000 Common Shares on February 18, 2016 at a price of US$2.30 (C$3.16) per Common Share.
  
  

The transactions were settled in cash and were made for investment purposes only. The Offeror may acquire further Common Shares, or dispose of his holdings of Common Shares, as investment conditions warrant.

The Offeror currently holds 17,750,282 Common Shares directly and indirectly through Healthcare Ventures, Ltd. representing approximately 23.52% of the Issuer's issued and outstanding Common Shares. In the event that the Offeror's remaining 200,000 RSUs are exercised prior to their expiry, the Offeror would hold 17,950,282 Common Shares directly and indirectly through Healthcare Ventures, Ltd. representing approximately 23.78% of the Issuer's issued and outstanding Common Shares. 

About Nobilis Health Corp.

Nobilis (www.nobilishealth.com) is a full-service healthcare development and management company which currently owns or manages four surgical hospitals and five ASCs, partners with an additional thirty-three facilities throughout the country, and markets six independent brands. Deploying a unique patient acquisition strategy driven by direct-to-consumer marketing, Nobilis is focused on a specified set of procedures that are performed at our centers by local physicians.