EMC refutes the message about the conversion of depositary receipts
Nicosia, Cyprus, June 2, 2022. Yesterday, on June 1, 2022, JSC National Settlement Depository ("NSD") distributed a notice of voluntary corporate action to convert the depositary receipts of United Medical Group CY PLC (the "Company") with the identification number US91085A2033 into ordinary shares of the company with the identification number CY0109531513. Corporate action reference: 708263. The message states that NSD received information about the corporate action from a foreign depository.
The company refutes the information about the corporate action. Neither United Medical Group CY PLC nor the bank issuing depositary receipts - The Bank of New York, initiated any corporate actions to convert securities. We are investigating this situation and hope that soon NSD will be able to issue an appropriate notice of cancellation of the corporate action.
About the company
EMC is a leading multidisciplinary provider of premium healthcare services in Russia with the longest track record of any major private healthcare business in this market.[ According to EMC’s estimates.] EMC is a fully integrated healthcare services provider offering a comprehensive range of diversified medical services, and has advanced capabilities in more than 57 specialisations, differentiating it from the competition in Russia. The company utilises a patient-centric approach to its healthcare services offering, which allows it to provide patients with a full range of diagnostics and treatment services as well as offer tailor-made medical care.
EMC also is a leading Russian provider of cancer treatment with extensive expertise in a full range of modern oncology treatment methods, state-of-the-art facilities and equipment as well as renowned experts with international experience.
EMC’s network comprises seven multidisciplinary medical centres, one maternity centre and one rehabilitation centre (with a total built-up area of approximately 87 thousand square metres), as well as three geriatric centres (with a total built-up area of approximately 14 thousand square metres).
Company’s depository receipts have traded on Moscow Exchange since July 15, 2021, under the ticker “GEMC”.
Investor relations
Dmitry Ivanov
Head of Investor Relations
Important Note
NEITHER THIS ANNOUNCEMENT NOR THE INFORMATION CONTAINED HEREIN IS FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR TO ANY PERSON IN ANY OF THOSE JURISDICTIONS OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE LAWS OF SUCH JURISDICTION.
These materials are not intended to and do not constitute investment advice. These materials do not constitute or form any part of and should not be constructed as an offer or commitment to sell or issue, a solicitation, recommendation, commitment or invitation to subscribe for, underwrite or otherwise acquire, and should not be construed as an advertisement for, any securities of United Medical Group CY PLC or any member of its group in any jurisdiction or an inducement to enter into investment activity in any jurisdiction.