Georgia Capital PLC ("CGEO" or the "Company") announces that its planned reduction of capital (the "Reduction of Capital") became effective on 12 June 2018, pursuant to which the nominal value of each of the Company's 39,384,714 ordinary shares (the "CGEO Shares") has been reduced from £12.70 to £0.01. Details of the Reduction of Capital are set out in the Company's prospectus dated 26 March 2018.
The Reduction of Capital is a legal and accounting adjustment and is not expected to have any direct impact on the market value of the CGEO Shares.
