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

MD Medical InvestmentsAnnouncement

23/06/2022 10:45

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

   23-Jun-2022 / 12:30 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (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

   23 June  2022 –  MD Medical  Group Investments  Plc (“MD  Medical  Group”,
   “MDMG” or the  “Company” –  LSE, MOEX:  MDMG), a  leading Russian  private
   healthcare provider,  today announces  the opening  of a  new  out-patient
   medical centre “Mother&Child Butovo” in Moscow.

   The new medical centre with a total area of 195 sq. m. offers a wide range
   of services for women in preparation for pregnancy and childbirth, such as
   ultrasound, diagnosis and treatment of infertility, as well as  functional
   and ultrasound  diagnostics.  The  team of  doctors  includes  experienced
   obstetricians  and  gynecologists  from  Lapino  and  MD  Group   clinical
   hospitals. In addition,  services provided to  patients will also  include
   medical care for men,  including ultrasound, endocrinology, therapy,  and,
   in the near future, a day  patient department. The medical centre will  be
   able to carry out up to 30,000 specialist treatments per year.

   The medical  centre "Mother&Child  Butovo" was  implemented in  accordance
   with the successful business model of the out-patient centre "Mother&Child
   Odintsovo", launched  in 2016.  The new  clinic, located  in the  actively
   developing  district  of  Moscow,   Yuzhnoye  Butovo,  will  improve   the
   availability of high-quality medical care in the residential areas of  the
   South-Western District of  Moscow. Moreover, this  will allow to  increase
   the number of patients in the Group's medical facilities - as part of  the
   provision of services to clients, further routing to the Company's clinics
   and hospitals is expected.

   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.  The  Group’s  total  investment  in  the  project  amounted  to
   approximately 16 million roubles.

   Mark Kurtser, CEO of MD Medical Group, said:

   “Today we have opened another  modern medical centre in Moscow,  expanding
   our presence in the dynamically  developing South-Western district of  the
   city. By  opening an  out-patient centre  in Yuzhnoye  Butovo, we  provide
   access  to  high  quality  medical  care  for  the  residents  of  bedroom
   communities.

   “The new clinic will provide a  wide range of healthcare services to  both
   for women and men,  focusing on the health  of future generations. In  the
   center patients can get professional  medical advice, take tests,  conduct
   an ultrasound scan and get effective treatment. Patients will also be able
   to receive  additional treatment  and a  wider range  of services  in  our
   clinics and hospitals. Thus, we expect that the new clinic will contribute
   to a further increase in the number of patients.”
    

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   For further information please contact:

    

   Investors                  Media
   Renata Battalova           EM
   Head of Investor Relations MDMG@em-comms.com
   Tel.: +7 917 294 28 82      
   r.battalova@mcclinics.ru    

    

   About MD Medical Group

   MD Medical Group is  a leading provider in  the highly attractive  Russian
   private  healthcare  service  market.   The  company  manages  50   modern
   healthcare facilities, including 10  hospitals and 40 out-patient  clinics
   in 25 of the Russian regions. In 2021, MD Medical Group’s revenue amounted
   to RUB 25.2 bln, with EBITDA of RUB 8.3 bln. The Company's GDRs are traded
   on London Stock Exchange (LSE: MDMG) and Moscow Exchange (MOEX: MDMG).

   Due to  recent sanctions  related to  events  in Ukraine  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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   ISIN:          US55279C2008
   Category Code: MSCM
   TIDM:          MDMG
   LEI Code:      213800XKI6VHY4JBS612
   Sequence No.:  170310
   EQS News ID:   1382433


    
   End of Announcement EQS News Service

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