Start of trading in shares of MD Medical Group IPJSC
MD Medical Group IPJSC (“MD Medical”, “MDMG”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, informs that due to completion of automatic conversion of securities after the Company's redomiciliation, trading in ordinary shares of MD Medical Group IPJSC (ticker: MDMG, ISIN: RU000A108KL3) will commence on the Moscow Exchange on 17 June 2024.
Given the recent decision of the Group's Board of Directors to pay an interim dividend of RUB 141 per ordinary share, the dividend yield of IPJSC shares will amount to 13.2% at the opening of trading.
Within three days, up to and including 19 June 2024, it is possible to buy MDMG shares to receive record dividends. The record date for persons entitled to receive dividends will be end of business day of 20 June 2024.
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About MD Medical Group
MD Medical Group is a leading provider in the Russian private healthcare service market. The Company manages 55 modern healthcare facilities, including 11 hospitals and 44 out-patient clinics in 27 regions of Russia. In 2023, MD Medical Group's revenue amounted to RUB 27.6 bln while EBITDA was RUB 9.2 bln.