REG-MD Medical Group Investments Plc MD Medical Group Investments Plc: MD Medical Group announces intention to delist GDRs from the LSE

MD Medical InvestmentsAnnouncement

23/05/2023 08:00

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   MD Medical Group Investments Plc (MDMG)
   MD Medical Group Investments Plc: MD Medical Group announces intention to
   delist GDRs from the LSE

   23-May-2023 / 09:50 MSK

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        MD Medical Group announces intention to delist GDRs from the LSe

   23 May  2023 –  MD  Medical Group  Investments  Plc (“MD  Medical  Group”,
   “MDMG”, the “Group”  or the  “Company” – LSE  and MOEX:  MDMG), a  leading
   Russian private healthcare provider, announces its intention to cancel the
   listing of Global  Depositary Receipts  (the “GDRs”) on  the London  Stock
   Exchange.

   As a result of the prolonged  suspension of trading of the Company’s  GDRs
   on the London Stock Exchange and the consequent inability of investors  to
   trade these securities on this exchange the Company has taken the decision
   to cancel the listing of the GDRs.

   MD Medical Group (LEI code 213800XKI6VHY4JBS612) hereby announces that  it
   has applied to the  UK Financial Conduct Authority  (the “FCA”) to  cancel
   the  standard  listing   of  the   Company’s  Regulation   S  GDRs   (ISIN
   US55279C2008) and Rule 144A GDRs (ISIN US55279C1018) on the FCA’s Official
   List and has applied  to the London Stock  Exchange (the “LSE”) to  cancel
   the admission of the GDRs to trading  on the LSE’s main market for  listed
   securities (the “Cancellation of Listing”) 1  1 .

   Pursuant to Listing Rule 5.2.8R, the Company is required to give at  least
   20  business  days'  notice  of  the  intended  Cancellation  of  Listing.
   Therefore, it is  intended that  the Cancellation of  Listing will  become
   effective from 8.00 a.m. (London time) on 22 June 2023, with 21 June  2023
   being the last trading day for the GDRs on the London Stock Exchange.

   Following the LSE  Listing Cancellation,  trading in  Company’s GDRs  will
   continue on the  regulated market of  Moscow Exchange. The  rights of  GDR
   holders under this security remain unchanged. 

                                        

                                      ***

   For further information please contact:

   Investors

   Battalova Renata

   Investor Relations Director

   Tel.: +7 917 294 28 82

   r.battalova@mcclinics.ru

   About MD Medical Group

   MD Medical Group is a leading  provider in the Russian private  healthcare
   service market.  The  Company  manages 53  modern  healthcare  facilities,
   including 10 hospitals and 43 out-patient clinics in 26 regions of Russia.
   In 2022, MD Medical Group's revenue amounted to RUB 25.2 bln while  EBITDA
   amounted to RUB  7.9 bln. The  Company's GDRs are  traded on London  Stock
   Exchange (LSE: MDMG) and Moscow Exchange (MOEX: MDMG).

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    2  1  Due to recent sanctions as well as the current market environment,
   the London Stock Exchange has suspended the listing of the Company’s GDRs
   in order to maintain market stability.

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   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          US55279C2008
   Category Code: MSCM
   TIDM:          MDMG
   LEI Code:      213800XKI6VHY4JBS612
   Sequence No.:  245474
   EQS News ID:   1638597


    
   End of Announcement EQS News Service

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