Information re the beginning of the period of submission of applications for forced conversion - News — Group of companies "Mother and child"
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23.05.2025

This release does not constitute the notice of the commencement date of the term for submission of applications for the forced conversion. The commencement date for the forced conversion will be announced additionally. More detailed information on the conversion procedure can also be found in a separate section on the Company's official website: https://www.mcclinics.com/investors/qa/

23 May 2025. MD Medical Group IPJSC (“MD Medical”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, hereby informs holders of Global Depositary Receipts (GDRs) of MD MEDICAL GROUP INVESTMENTS PLC (ISIN US55279C2008), representing rights to shares of IPJSC “MD Medical Group” where such rights are recorded by foreign organisations, of the following.

1) The commencement date of the term for submission of applications for forced conversion: May 28, 2025

2) Information about securities of a foreign issuer subject to forced conversion:

  • Name of a foreign issuer - JP Morgan Chase Bank, N.A.

  • Name, type, category of securities - depositary receipts certifying rights in respect of shares of MD MEDICAL GROUP INVESTMENTS PLC (ISIN — US55279C2008)

3) Information about shares of an international company into which the specified securities of a foreign issuer are converted:

  • Name, type, category of securities - ordinary shares

  • Registration number - 1-01-16802-A

4) Information about the Registry Holder, with which the personal account of the depositary programmes for recording rights of shares of an international company has been opened:

  • JSC “Rakurs Invest” (“Rakurs Invest”, or depositary, OGRN 1237700768337, TIN 9703160540).

  • Rakurs Invest official website
  • You may contact the Rakurs Invest by e-mail info@rakursinvest.ru

The procedure and deadlines for forced conversion of securities of foreign issuers certifying rights in respect of shares of joint-stock companies with the status of an international company into shares of such joint-stock companies are regulated by Article 5 of Federal Law dated August 04, 2023 No. 452-FZ  and the decision of the Board of Directors of the Bank of Russia dated April 12, 2024.

The period for submission of applications for forced conversion is 120 calendar days since the commencement date. Therefore, September 25, 2025 is the deadline and the last day of the term for submission of applications for forced conversion.

Currently, the depositary holding the depo account for the depositary programme used to record rights to the international company's shares, Joint-Stock Company “Rakurs Invest”, has published the Procedure for Forced Conversion of Securities of Foreign Issuer, Certifying Rights in respect of Shares of International Company in accordance with Art. 5 of Federal Law No. 452-FZ dated August 4, 2023 (the “Rules”), applicable to international companies for which JSC “Rakurs Invest” acts as the depositary (including the IPJSC). The Rules are available at: https://rakursinvest.ru/services/conversion/?lang=en.

GDR holders are advised to examine the forced conversion procedure and the rules in advance and to begin preparing the documents required to be attached to the application for forced conversion.

About MD Medical Group

MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 86 state-of-the-art healthcare facilities, including 14 multidisciplinary hospitals and 72 out-patient clinics in 35 regions of the Russian Federation. In 2024, MD Medical Group's revenue amounted to RUB 33.1 bln while EBITDA stood at RUB 10.7 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).

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