REG-MD Medical Group Investments Plc MD Medical Group Investments Plc: MD Medical Group opens new Medical centre in Moscow Region

MD Medical InvestmentsAnnouncement

13/01/2023 07:00

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   MD Medical Group Investments Plc (MDMG)
   MD Medical Group Investments Plc: MD Medical Group opens new Medical
   centre in Moscow Region

   13-Jan-2023 / 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 medical centre in moscow region

   13 January 2023 –  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  opening  of  a  new
   out-patient medical centre “Mother&Child Mytishchi” in Moscow Region.

   The new medical centre with a total area of 235 sq. m. offers a wide range
   of pregnancy and birth preparation  services for women, such as  diagnosis
   and treatment  of  infertility,  as  well  as  functional  and  ultrasound
   diagnostics. In addition, services provided to patients will also  include
   medical care for  men, including ultrasound,  endocrinology, and  therapy.
   The medical  centre will  be able  to carry  out up  to 24,000  specialist
   treatments per year.

   The out-patient medical  centre "Mother&Child Mytishchi"  with a focus  on
   preparation for pregnancy and childbirth is already the third such kind of
   centre for the  Group in  Moscow and Moscow  Region. In  2016 the  Company
   successfully opened "Mother&Child  Odintsovo", and in  June 2022  launched
   "Mother&Child Butovo". The new centre  in Mytishchi will allow to  further
   increase the number of patients in the Group's existing medical facilities
   by referring clients to the Company's clinics and hospitals.

   The new  clinic  "Mother&Child Mytishchi"  was  created in  line  with  MD
   Medical Group’s customary  high standards  of medical care  and is  fitted
   with world-class equipment.  The Group’s total  investment in the  project
   amounted to about 23 million rubles.

   Mark Kurtser, CEO at MDMG, said:

   “The medical centre "Mother&Child Mytishchi" with focus on preparation for
   pregnancy and childbirth is  based on a  successful business model,  which
   has proven its effectiveness  in our two  medical facilities in  Odintsovo
   and Butovo.  In  the centre  "Mother&Child  Mytishchi", our  patients  can
   receive medical advice  of qualified specialists  and undergo  appropriate
   treatment, as well  as, if  necessary, use  more complex  services in  our
   clinics and  hospitals. Thus,  we expect  that the  new centre  will  also
   become an  additional driver  for  the overall  flow  of patients  to  the
   Group’s medical facilities.”

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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 53  modern  healthcare  facilities,
   including 10 hospitals and 43 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.:  215408
   EQS News ID:   1533991


    
   End of Announcement EQS News Service

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