Pharma business acquires private label brand

  London, 23 October 2017

GHG announces the acquisition of private label brand by its pharma business 

Georgia Healthcare Group PLC (the "Group" or "GHG") announces that its pharma business has acquired the international private label brand - "Attirance". Attirance specialises in natural cosmetics and personal care products, and has developed more than 400 of its own unique products/recipes. The acquisition is in line with GHG's strategy to increase the share of private label products in its pharmacies, thereby enhancing its retail margin.

"I am very pleased to have made further progress towards delivering our strategy in the pharma business by adding private label Parapharmacy to our broad range of products. The acquisition will enable us to present private label personal care products in our pharmacies from 2018, further improving our margins and profitability. It also further enhances our position as the market leader in this segment." commented Nikoloz Gamkrelidze, CEO of Georgia Healthcare Group.

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 35 hospitals and ten Polyclinic clusters (consisting of 13 district Polyclinics and 24 express outpatient clinics), as at 30 June 2017. GHG is the single largest market participant, accounting for 24.6% of total hospital bed capacity in the country, as of 30 June 2017. From January 2017, GHG become the largest pharmaceuticals retailer and wholesaler in Georgia, with approximately 29% market share based on 31 December 2015 revenue figures. GHG is the second largest provider of medical insurance in Georgia with a 30.9% market share based on net insurance premiums earned and approximately 135,000 insurance customers as at 30 June 2017. GHG employed a total of c.14,800 people as at 30 June 2017, including c.3,400 physicians.

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