Results of the Annual General Meeting of shareholders

24 April 2019, 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, 2019 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:

1. To adopt the consolidated financial statements of the Company for the financial year ended December 31st, 2018 together with the reports of directors and independent auditors; 
2. 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;
3. 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 2020;
4. To appoint Ms. Liubov Malyarevskaya as an independent non-executive director of the Company with an annual gross remuneration of RUB 615,000, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2020;
5. To approve the payment of a dividend, out of the profits made during the year 2018, in the amount of RUB 10.65 per share, as proposed in the directors’ report be and is hereby approved. The dividend record date is set as May 24, 2019. The Global Depository Receipts will be marked as ex-dividend on May 23, 2019. The pay date for GDR holders is set as June 25, 2019. The payment shall be made in USD at the rate of the Central Bank of Russia on the 22 March 2019;
6. To approve the merger plan of MD Medical Group Investments PLC and Ivicend Holding Limited due to which the whole of the undertaking of and property of Ivicend Holding Limited is to be transferred to MD Medical Group Investments PLC; the effect and consequence of which is, inter alia, the dissolution, without winding up of Ivicend Holding Limited.

The Minutes of the AGM are available for viewing at the registered office of the Company at office 9-2, bld. 3, 6 Azovskaya str.,  Moscow, Russian Federation and will be available at the National Storage Mechanism of the UK Listing Authority, located at www.morningstar.co.uk/uk/, in due course.