MD MEDICAL GROUP ANNOUNCEMENT

By

Regulatory News | 10 Nov, 2020

Updated : 13:01

RNS Number : 8520E
MD Medical Group Investments PLC
10 November 2020
 

 


 

 

 

MD Medical Group Announcement

10 November 2020, Moscow - MD Medical Group Investments Plc ("MD Medical Group", "MDMG" or the "Company" - MDMG), a leading Russian private healthcare provider, filed the following notification with the Financial Conduct Authority regarding the acquisition of MDMG Global Depositary Receipts ('GDRs') by Vitaly Ustimenko, member of the Board of Directors:

Transaction date

Number of GDRs

Price per GDR

09 November 2020

1 000

USD 6.073

 

Following this transaction, Vitaly Ustimenko holds 3 607 GDRs, or 0.005% of the Company's issued and outstanding share capital.

This announcement is made in accordance with the requirements of article 19(6) of the Market Abuse Regulation.

 

This announcement contains inside information.

 

For further information please contact:

Investors

Media

           

Dmitry Yakushkin

MD Medical Group Investments Plc

+7 (495) 139-87-40,  ext. 16329 
d.yakushkin@mcclinics.ru

EM

Tom Blackwell: +7 919 102 9064

Sergii Pershyn: +1 929 855 8188

MDMG@em-comms.com

 

 

 

 

 

 

About MD Medical Group

 

MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. The company manages 42 modern healthcare facilities, including 6 hospitals and 36 out-patient clinics in Moscow and the Moscow Region, St. Petersburg, Ufa, Perm, Samara and the Samara Region, Irkutsk, Novosibirsk, Irkutsk, Yaroslavl, Ryazan, Kostroma, Novokuznetsk, Krasnoyarsk, Omsk, Barnaul, Vladimir, Tyumen, Voronezh, Nizhny Novgorod, Volgograd, Tula, Kazan, Vladivostok, Krasnodar and Rostov-on-Don.

The Company's shares have been listed on the London Stock Exchange (LSE ticker "MDMG") in the form of Global Depositary Receipts (GDRs) since 12 October 2012.

 

Forward-Looking Statements:

 

This press release contains forward looking statements, which are based on the Company's current expectations and assumptions and may involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. The forward looking statements contained in this press release are based on past trends or activities and should not be taken that such trends or activities will continue in the future. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a number of variables which could cause actual results or trends to differ materially, including, but not limited to: conditions in the market, market position of the Company, earnings, financial position, cash flows, return on capital and operating margins, anticipated investments and economic conditions; the Company's ability to obtain capital/additional finance; a reduction in demand by customers; an increase in competition; an unexpected decline in revenue or profitability; legislative, fiscal and regulatory developments, including, but not limited to, changes in environmental and health and safety regulations; exchange rate fluctuations; retention of senior management; the maintenance of labour relations; fluctuations in the cost of input costs; and operating and financial restrictions as a result of financing arrangements.

No statement in this press release is intended to constitute a profit forecast, nor should any statements be interpreted to mean that earnings or earnings per share will necessarily be greater or lesser than those for the relevant preceding financial periods for the Company. Each forward looking statement relates only as of the date of the particular statement.

 

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