Georgia Capital PLC Director/PDMR Shareholding (3106O)
January 30 2023 - 11:00AM
UK Regulatory
TIDMCGEO
RNS Number : 3106O
Georgia Capital PLC
30 January 2023
London, 30 January 2023
Georgia Capital announces market purchase of shares for its
Executive Equity Compensation Trust
Georgia Capital PLC (CGEO or the Group) was notified by Sanne
Fiduciary Services Limited (Sanne), acting as trustee of the JSC
Georgia Capital Executive Equity Compensation Trust (the Trust),
that Sanne, through an independent broker, purchased in the market
58,281 CGEO ordinary shares with a nominal value of GBP0.01 each
(Shares) at a price of GBP7.50 (rounded to two decimal points) per
Share, traded on 27 January 2023 with a settlement date of 31
January 2023.
The Trust holds the Shares for the purpose of satisfying awards
to be awarded to beneficiaries of the Trust. The executive
directors and persons discharging managerial responsibility of the
Group are potential beneficiaries under the Trust and are therefore
treated as having an interest in such Shares. Upon settlement of
the above transaction, the Trust will hold a total of 3,819,176
Shares, representing approximately 8.52% of CGEO's issued ordinary
share capital.
Of the 3,819,176 Shares held by the Trust, 1,715,912 are
allocated to existing awards.
Name of authorised official of issuer responsible for making
notification: Link Company Matters Limited, Company Secretary
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 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 clinics and
diagnostics business, (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; a 20.0% equity stake in the water utility business and a
20.3% equity stake (at 30-Sep-22) 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 B1/CFR & B1/PDR
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHQBLFXXFLEBBV
(END) Dow Jones Newswires
January 30, 2023 12:00 ET (17:00 GMT)
Georgia Capital (LSE:CGEO)
Historical Stock Chart
From Apr 2024 to May 2024
Georgia Capital (LSE:CGEO)
Historical Stock Chart
From May 2023 to May 2024