Last checked at 22 Mar 2024 07:00
London, 22 March 2024
Georgia Capital PLC announces the publishing of its Annual and Sustainability Reports 2023
Georgia Capital PLC (the "Company") has today published its Annual Report and Accounts for the financial year ended 31 December 2023 (the "Annual Report 2023") and its Sustainability Report (the "Sustainability Report 2023").
The Annual Report 2023 is available to view on the Company's website at https://georgiacapital.ge/ir/annual-reports. In accordance with Listing Rule 14.3.6, a copy of the Annual Report 2023 will be 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 2023.
The Company's Sustainability Report 2023 is also available to view on the Company's website at https://georgiacapital.ge/ir/sustainability-reports.
The Annual General Meeting ("AGM") is scheduled for 20 May 2024 and the Notice of Annual General Meeting will be mailed to shareholders on or around 12 April 2024.
Name of authorised official of issuer responsible for making notification: Shalva Bukia, Head of Investor Relations and Funding
About Georgia Capital PLC
Georgia Capital (LEI: 213800Q65T5GNBOW7H65) 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 Company's focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million 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 retail (pharmacy) business, (ii) a hospitals business, (iii) an insurance business (P&C and medical insurance); (iv) a renewable energy business (hydro and wind assets), (v) an education business and (vi) a clinics and diagnostics business; Georgia Capital also holds other small private businesses across different industries in Georgia; a 20.0% equity stake in the water utility business and a 19.71% equity stake (at 31-Dec-23) 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 rating: | |
S&P Global | 'BB-'/FC & 'BB-'/LC |
For further information, please visit www.georgiacapital.ge or contact:
Irakli Gilauri | Giorgi Alpaidze | Michael Oliver | Shalva Bukia |
Chairman and Chief Executive | Chief Financial Officer | Adviser to the Chairman & CEO | Head of Investor Relations |
ir@gcap.ge | +995 322 005 000 | +44 203 178 4034 | + 995 322 005 045 |
ir@gcap.ge | ir@gcap.ge | ir@gcap.ge |
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.