REG-MD Medical Group Investments Plc MD Medical Group Investments Plc: MD Medical Group opens new clinic in Yekaterinburg

MD Medical InvestmentsAnnouncement

18/11/2022 07:15

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   MD Medical Group Investments Plc (MDMG)
   MD Medical Group Investments Plc: MD Medical Group opens new clinic in
   Yekaterinburg

   18-Nov-2022 / 10:00 MSK
   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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               MD Medical Group opens new clinic in Yekaterinburg

   18 November 2022 – MD Medical  Group Investments Plc (“MD Medical  Group”,
   “MDMG”, “Group” or the “Company”; LSE  and MOEX: MDMG), a leading  Russian
   private  healthcare  provider,  today  announces  the  launch  of  a   new
   out-patient clinic with a focus on IVF in Yekaterinburg.

   Mother&Child Yekaterinburg with a total area  of 434 sq. m. offers a  wide
   range of  services  for  women,  such as  preparation  for  pregnancy  and
   childbirth, IVF, diagnosis  and treatment  of infertility,  gynaecological
   operations in the day-patient centre and OBGYN, as well as functional  and
   ultrasound diagnostics.  In addition,  the services  provided to  patients
   will also include medical care for all family members, including  therapy,
   genetics, urology, endocrinology, neurology, etc.

   The clinic has an annual capacity for up to 400 gynaecological operations;
   up to 800 IVF cycles, including under the Mandatory Health Insurance (MHI)
   programme; and more than 30,000 out-patient treatments per year.

   The new clinic has been created in line with MD Medical Group’s  customary
   high standards of medical  care and is  fitted with world-class  equipment
   produced  by  GE,  Medtronic,  ALscope  and  Olympus.  The  Group’s  total
   investment in the project amounted to about 74 million roubles.

   Mark Kurtser, CEO at MDMG, said:

   “Today, MD Medical  Group is  expanding its  presence and  entering a  new
   location –  the  Sverdlovsk  region,  the  largest  and  most  dynamically
   developing region of the Ural Federal District. We continue to demonstrate
   organic growth and work towards the future expansion of the Group. In that
   regard, the  opening  of  a  new  clinic  in  Yekaterinburg  confirms  our
   commitment to the strategy  aimed at expanding  the Company’s presence  in
   Russia.

   “The new clinic  in Yekaterinburg  will provide  a wide  range of  medical
   services to all family  members, with special attention  to the health  of
   women and  men. At  the same  time,  we focus  on IVF  and consider  it  a
   priority  area  that  contributes  to   the  improvement  of  social   and
   demographic indicators in the Sverdlovsk region.”
    

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   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 51  modern  healthcare  facilities,
   including 10 hospitals and 41 out-patient clinics in 26 regions of Russia.
   In 2021, MD Medical Group's revenue amounted to RUB 25.2 bln while  EBITDA
   amounted to RUB  8.3 bln. The  Company's GDRs are  traded on London  Stock
   Exchange (LSE: MDMG) and Moscow Exchange (MOEX: MDMG). 

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   ISIN:          US55279C2008
   Category Code: MSCM
   TIDM:          MDMG
   LEI Code:      213800XKI6VHY4JBS612
   Sequence No.:  201626
   EQS News ID:   1490471


    
   End of Announcement EQS News Service

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