MD Medical Group files for listing of GDRs on Moscow Exchange

MOSCOW, Nov 2 (PRIME) -- Cyprus-registered company MD Medical Group Investments Plc (MDMG), the owner of Russian private maternity hospital and clinic chain Mother and Child, has filed documents for listing of its global depositary receipts (GDRs) on the Moscow Exchange, the company said in a statement on Monday.

“MD Medical Group Investments Plc, a leading Russian private healthcare provider, announces that it has submitted to the Moscow Exchange the required documents, including a prospectus, for the listing of the company’s Global Depositary Receipts on the MOEX and their inclusion into the Level 1 quotation list,” the company said.

The GDRs are listed on the London Stock Exchange, and listing on the Moscow Exchange will not demand an issue of any new shares, the company added.

The Mother and Child chain comprises 41 clinics in 25 regions of Russia.

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