Results of the Annual General Meeting of shareholders
24.04.2020
24 April 2020, Moscow – MD Medical Group Investments Plc (“MD Medical Group”, “MDMG” or the “Company” – LSE: MDMG), a leading Russian private healthcare provider, today announces that the Company held its Annual General Meeting of shareholders (“AGM”).
The AGM was held at Lapino hospital, Lapino 111, Odintsovskiy district, Moscow Region, Russian Federation on April 23, 2020 at 10.00 а.m. local time, and had a 100% quorum with 75,125,010 shares present.
The AGM passed the following resolutions by a majority of members:
- To adopt the consolidated financial statements of the Company for the financial year ended December 31st, 2019 together with the reports of directors and independent auditors;
- To re-appoint KPMG Limited as auditors of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board of Directors to determine the remuneration of the auditors;
- To appoint Mr. Tony Maher as an independent non-executive director of the Company with an annual gross remuneration of RUR 4 000 000, to hold the office until the conclusion of the annual general meeting of the Company to be held in 2021;
- To appoint Ms. Tatiana Lukina as an independent non-executive director of the Company with an annual gross remuneration of RUR 615 000, to hold the office until the conclusion of the annual general meeting of the Company to be held in 2021;
- To appoint Mr. Vitaly Ustimenko as a non-executive director of the Company with an annual gross remuneration of RUB 944 000, to hold the office until the conclusion of the annual general meeting of the Company to be held in 2021;
- To approve the payment of a dividend, out of the profits made during the year 2019, in the amount of RUR 8,50 per share, as proposed in the directors’ report be and is hereby approved. Subject to shareholders’ approval of the dividend at the annual general meeting of shareholders of the Company, the dividend record date is set as April 30, 2020. The Global Depository Receipts will be marked as ex-dividend on April 29, 2020. The pay date for GDR holders is set as May 26, 2020. The payment shall be made in USD at the rate of the Central Bank of Russia on the 20 March 2020;