8 Apr 2020 07:00
London, 8 April 2020
ANNUAL REPORT 2019
Georgia Healthcare Group PLC ("GHG" or the "Group") (LSE:GHG) has today published its Annual Report and Accounts for the financial year ended 31 December 2019 (the "Annual Report 2019").
A copy of the Annual Report 2019 has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Annual Report 2019 is also available on the Group's website at http://ghg.com.ge/. 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 2019.
The Annual General Meeting is scheduled for 4 June 2020 and the Notice of Annual General Meeting will be dispatched to shareholders on or around 23 April 2020.
Name of authorised official of issuer responsible for making notification:
Ketevan Kalandarishvili, Head of Investor Relations
About Georgia Healthcare Group PLC
Georgia Healthcare Group PLC is a UK incorporated holding company of the largest healthcare services provider in the fast-growing, predominantly privately-owned, Georgian healthcare services market. GHG's leadership position is underpinned by offering the most comprehensive range of inpatient and outpatient services targeting the mass market segment through its vertically integrated network of 18 hospitals and 34 clinics. GHG is the single largest market participant, accounting for 24% of total hospital bed capacity in the country, as of 31 December 2019. GHG is also the largest pharmaceuticals retailer and wholesaler in Georgia, with approximately 32% market share by revenue and the largest provider of medical insurance in Georgia with a 32% market share based on net insurance premiums earned and approximately c.236,000 insurance customers. GHG employed a total of c.15,900 people as at 31 December 2019, including c.3,600 physicians and 2,900 pharmacists.
For further information, please visit ghg.com.ge or contact:
Nikoloz Gamkrelidze | Irakli Gogia | Ketevan Kalandarishvili |
CEO | CFO | Head of Investor Relations |
+995 322 550505 (5077) | +995 322 550505 (5088) | +995 322 550505 (5079) |
ngamkrelidze@ghg.com.ge | irakligogia@ghg.com.ge | ir@ghg.com.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