26 Jun 2013 10:49
MD Medical Group
Change of registered office
26 June 2013 - MD Medical Group Investments Plc ("MD Medical Group", "MDMG" or the "Company" - LSE: MDMG), Russia's leading provider of private women's and children's healthcare, announces that with effect from 1 July 2013, its registered office address will change to 84, Spyrou Kyprianou Avenue, 2nd floor, office #7, 4004 Limassol, Cyprus.
For more information about MD Medical Group, please visit the Company's web site at www.mcclinics.com, or contact:
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About MD Medical Group
MD Medical Group operates in the highly attractive Russian private healthcare service market and has a leading position in high-quality women's health and paediatrics. The company manages ten modern healthcare facilities, including two hospitals and nine outpatient clinics in Moscow, St. Petersburg, Ufa, Perm and Irkutsk. In addition, two franchised outpatient clinics operate in Kyiv.
The Company's main medical facilities are the Perinatal Medical Center (PMC), a 250-bed medical centre, which opened its doors in 2006, and Lapino hospital, a 182-bed medical centre, which opened at the end of 2012. In 2012, there were 3,253 deliveries in PMC and Lapino. The number of outpatient treatments for 2012 in PMC and the Company's outpatient clinics totalled 446,407. In March 2013, the Company began construction of its third hospital in Ufa. In April 2013 MD Medical Group completed the acquisition of the IDK Medical Company, a network of women's and children's health clinics located in the Russian region of Samara ("IDK").
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.