MD Medical Group / US55279C2008

MD Medical Group is a leading provider in the Russian private healthcare service market. The Company manages 55 modern healthcare facilities. It is Headquareterd in Cyprus and the Cypriot entity has issued shares listed on the London Stock Exchange in the form of Global Depositary Receipts (GDRs).

Security NameOriginal ISINWPKCUSIPSEDOLCommon
MDMG / MD Medical Group Investments PLCUS55279C2008A1J51U55279C200B8JZ5X9083878606

In August 2023 the MDMG completed the process for swapping the GDR’s in to shares of a domestic Russian IPJSC.

On the 28th of May 2024, MD Medical announced a completion of the redomiciliation process to the Special Administrative Region (“SAR”) on Oktyabrsky Island in the Kaliningrad Region as an International Public Joint-Stock Company.

On the next day (29th May 2024) after the state registration of the IJPSC, eligible GDRs holders will be exchanged for the IPJSC shares. For holders that do not hold the GDRs in a Russian depository, there is a Standard and Forced conversion process that will eventually put the shares of the GDR holder in to a type C account.

How to dispose of the GDRs
Holders from Russia and in friendly countries should be able to access the liquidity on the

MD Medical Investor FAQ – Link
Interregional Registration Centre – Link

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