REG-MD Medical Group Investments Plc MD Medical Group Investments Plc: Results of the Board of Directors meeting

MD Medical InvestmentsAnnouncement

26/10/2022 09:00

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   MD Medical Group Investments Plc (MDMG)
   MD Medical Group Investments Plc: Results of the Board of Directors
   meeting

   26-Oct-2022 / 11:00 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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                    Results of the Board of directors meeting

   26 October 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 resolutions of the  Board
   of Directors taken at the meeting held on 26 October 2022.

   The Board of Directors passed the following resolutions:

    1. To approve the payment of the interim dividends for the first 6 months
       of 2022 in the amount of RUB 642,318,835.50 which constitutes RUB 8.55
       per common share/Global Depository Receipt.
    2. The dividend record date for the payment purposes is set as 7 November
       2022. The Global Depository Receipts will be marked as ex-dividend  on
       4 November 2022.  The dividend  payment date  is set  for 29  November
       2022. The payment in USD shall  be made at the official exchange  rate
       established by the Central  Bank of the Russian  Federation as of  the
       date of  this  meeting (26  October  2022) which  corresponds  to  RUB
       61.3326 per USD.

   Starting from 1 January 2015, the Company has been a Russian tax  resident
   according to part 8 of article 246.2 of the Russian Tax Code (the “Code”).
   According to part  5 of  article 246  of the  Code, foreign  organisations
   which are considered Russian tax residents  in line with article 246.2  of
   the Code are treated as Russian organisations for the purposes of  Section
   25 of the  Code. When  paying dividends, according  to Section  25 of  the
   Code, Russian organisations  which are  the source of  income are  usually
   (but not limited to) acting as tax agents and withhold taxes at a rate  of
   15% rate in  order to transfer  it to Russian  tax authorities.  Potential
   holders should consult with their tax advisors if they need to receive the
   Russian taxes withheld for any payments received in relation to GDRs.

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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 50  modern  healthcare  facilities,
   including 10 hospitals and 40 out-patient clinics in 25 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: DIV
   TIDM:          MDMG
   LEI Code:      213800XKI6VHY4JBS612
   Sequence No.:  196860
   EQS News ID:   1472197


    
   End of Announcement EQS News Service

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