Georgia Capital PLC (the “Group” or “Georgia Capital”) is today hosting an Investor Day for analysts and investors in Tbilisi on Thursday 27th June 2019.
As part of the investor presentations, Georgia Capital will update investors and analysts on its strategic goals and priorities as summarised below. The Group’s core strategy remains unchanged:
- the Group will continue to capitalise on the fast-growing Georgian economy with its strong governance, and access to management and capital.
- maintain a highly disciplined capital allocation approach through 360-degree analysis to unlock value through investments – acquiring early stage, developing businesses or establishing greenfield businesses, whilst establishing clear exit paths through IPO, trade sale, fund structure or promoting interest over a 5-10 year period.
- focus on developing and acquiring high quality assets at reasonable prices, institutionalising the businesses with our strong governance and portfolio management principles, while pursuing exit routes, at higher multiples.
- ensure an efficient cost structure, targeting to have platform costs at a maximum of c. 2% of the Group’s market capitalization, with strong alignment of shareholder and management interests.