MD Medical announces results of the Annual General Meeting of Shareholders
MD Medical Group IPJSC ("MD Medical", "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, announces results of the Annual General Meeting of Shareholders (AGM).
The AGM representing a total of 55,005,655 shares with a quorum of 75.8044% of the total issued share capital took place on 6 May 2025 at the MD GROUP Clinical Hospital at 10:00 am local time. The following resolutions were adopted by a majority vote at the AGM:
1. to approve the Company's annual report and annual financial (accounting) statements for 2024;
2. to approve the distribution of part of the Company's net profit for the 2024 financial year in the amount of RUB 1,652,750,220 (one billion, six hundred fifty-two million, seven hundred fifty thousand and two hundred twenty Russian roubles) for the payment of dividends to shareholders. To approve the payment of dividends to holders of the Company’s ordinary shares for the 2024 financial year at RUB 22 (twenty-two Russian roubles) per ordinary share, to be paid in cash. The record date is 19 May 2025;
3. to set the size of the Board of Directors at six (6) members and to elect the following individuals to the Board of Directors:
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Sergey Kalugin;
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Yury Kudimov;
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Mark Kurtser;
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Tatiana Lukina;
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Vladimir Mekler;
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Vitaly Ustimenko
4. to approve remuneration for members of the Board of Directors, with total remuneration amount not exceeding RUB 9,000,000 (nine million Russian roubles);
5. to approve Kept Joint-Stock Company as the Company's auditor for 2025.
Further information on the adopted resolutions is available on the Interfax corporate disclosure platform at: https://www.e-disclosure.ru/portal/company.aspx?id=39129
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About MD Medical Group
MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 65 state-of-the-art healthcare facilities, including 11 multidisciplinary hospitals and 54 out-patient clinics in 31 regions of the Russian Federation. In 2024, MD Medical Group's revenue amounted to RUB 33.1 bln while EBITDA – RUB 10.7 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).