30 Apr 2014 17:44
MD Medical Group
Publication of 2013 Annual Report
30 April 2014 - MD Medical Group Investments Plc ("MD Medical", "MDMG" or the "Group" - LSE: MDMG), Russia's leading provider of private women's and children's healthcare, announces that it has today published its Annual Report for 2013.
The 2013 Annual Report will be available to view or download in pdf format from the MD Medical website at http://www.mcclinics.com/investors/annualreports/. A copy has also been submitted to the National Storage Mechanism.
In addition, MD Medical's Annual General Meeting, as announced on 26 March 2014, will be held at 84 Spyrou Kyprianou, 2nd floor, office # 7, Limassol 4004, Cyprus on 23 May 2014 at 9.30 am local time.
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For further information please contact:
Investors | Media |
Elena Romanova MD Medical Group Investments PlcTel: +7 495 331 4120e.romanova@mcclinics.ru | EMMoscowTom Blackwell / Sergii Pershyn Tel: +7 495 363 2849MDMG@em-comms.com |
Consilium Strategic CommunicationsLondonEmma Thompson / Matthew Neal Tel: +44 20 7309 5700MDMG@em-comms.com |
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 17 modern healthcare facilities, including 2 hospitals and 15 outpatient clinics in Moscow, St. Petersburg, Ufa, Perm, Samara and Samara region, Irkutsk and Yaroslavl. In addition, 3 franchised outpatient clinics operate in Kyiv, Ukraine.
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 2013, there were 3,816 deliveries in PMC and Lapino. The number of outpatient treatments for 2013 in PMC and the Company's outpatient clinics totalled 627,247. 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 ("IDK"), a network of women's and children's health clinics located in the Russian region of Samara. In May 2013, the Company acquired Mother & Child clinic in Irkutsk, which had previously operated through a franchise agreement with MD Medical Group. The same month the Company completed a large-scale modernisation project of its Mother & Child Health Clinic in Moscow. In December 2013, a new outpatient clinic was opened in Yaroslavl which became the first healthcare facility in the region to provide IVF services.
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.