Georgia Capital PLC Annual Financial Report (6217T)

TIDMCGEO

RNS Number : 6217T

Georgia Capital PLC

26 March 2021

London, 26 March 2021

Georgia Capital PLC announces publishing of its Annual Report 2020

Georgia Capital PLC (the "Company") has today published its Annual Report and Accounts for the financial year ended 31 December 2020 (the "Annual Report 2020").

The Annual Report 2020 is available to view on the Company's website at https://georgiacapital.ge . A copy of the Annual Report 2020 has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . In compliance with its obligations under section 6.3.5(1) of the Disclosure Guidance and Transparency Rules, the Company also releases the unedited full text of its Annual Report 2020.

The Annual General Meeting is scheduled for 25 May 2021 and the Notice of Annual General Meeting will be dispatched to shareholders on or around 13 April 2021.

Name of authorised official of issuer responsible for making notification: Nino Rekhviashvili, Head of Investor Relations and Funding

About Georgia Capital PLC

Georgia Capital is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group's focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 0.5 billion equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature. Georgia Capital currently has the following portfolio businesses: (i) a healthcare services business; (ii) a water utility business; (iii) a retail (pharmacy) business, (iv) an insurance business (P&C and medical insurance); (v) a renewable energy business (hydro and wind assets) and (vi) an education business; Georgia Capital also holds other small private businesses across different industries in Georgia and a 19.9% equity stake in LSE premium-listed Bank of Georgia Group PLC ("BoG"), a leading universal bank in Georgia.

 
 JSC Georgia Capital has, as of 
  the date hereof, the following 
  credit ratings: 
 
      S&P Global   'B'/FC & 'B'/LC 
      Moody's      B2/CFR & B2/PDR 
 

For further information, please visit www.georgiacapital.ge or contact:

 
      Irakli Gilauri                  Giorgi Alpaidze          Nino Rekhviashvili 
      Chairman and Chief Executive    Chief Financial Officer  Head of Investor Relations 
      [e-mail]                      [phone]         + 995 322 005 045 
                                      [e-mail]               [e-mail] 
 

This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities

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March 26, 2021 03:00 ET (07:00 GMT)