Update on share buyback programme

Georgia Capital PLC (the “Group” or “Georgia Capital”) announces, that its board of directors (the “Board”) has approved the following:

  • market purchase of the Group’s shares (“Shares”) of up to US$ 20 million for the JSC Georgia Capital Executive Equity Compensation Trust (“Trust”); and
  • the cancellation of the remaining Shares repurchased, or that will be repurchased under the ongoing US$ 45 million Share buyback programme, including the 430,675 which are currently held in treasury. Approximately $42.5 million of shares have been purchased to date.