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Proposed transfer from Premium to Standard Listing – result of general meeting

On 17 February 2023, Georgia Capital PLC ("GCAP" or the "Company") published its shareholder circular (the "Circular") containing a notice of general meeting (the "General Meeting") in connection with the proposed transfer of the Company’s listing from the Premium Listing segment to the Standard Listing segment (the "Transfer").

At the General Meeting held earlier today, the special resolution to approve the Transaction was duly passed and the result of the vote was as follows:

RESOLUTION

VOTES FOR

%

VOTES AGAINST

%

VOTES TOTAL

% of
ISC * VOTED

NUMBER
OF VOTES WITHHELD

To approve the Transfer

32,814,162

99.99%

3,581

 

0.01%

32,817,743

73.21%

699

The table sets out the result of the vote at the General Meeting. Voting was completed by way of a poll. 


*Issued share capital

Following shareholder approval of the Transfer at the General Meeting, the Company intends to proceed with implementing the Transfer. The Company anticipates that the effective date of the Transfer will be 13 April 2023, being 20 business days after the date of the General Meeting.

Notes:

  1. As at the date of the General Meeting, the Company had 44,827,862 ordinary shares in issue. The Company did not hold any shares in treasury and therefore the number of total voting rights as at the date of the General Meeting was 44,827,862. In accordance with the Company's Articles of Association and subject to the Listing Rules, on a poll every member who is present in person or by proxy has one vote for every share held.
  2. The scrutineer of the poll was Computershare Investor Services PLC, GCAP’s Share Registrar.
  3. Note that a "vote withheld" is not a vote in law and such votes have not been included in the calculation of votes "for" and "against" each resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total above.

A copy of this announcement has been posted on GCAP's website www.georgiacapital.ge.

In accordance with Listing Rule 9.6.2, a copy of the resolutions passed at the GCAP General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.