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title: "BGEO Group announces a new name for its Investment Business"
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12 Jan 2018

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BGEO Group PLC (the “**Group**” or “**BGEO**”) announces that in light of the proposed demerger the Group’s Board of Directors has approved the renaming of the Group’s Investment Business to **Georgia Capital** (the “**Company**”). The new name better reflects the Company’s focus to capitalise on Georgia’s fast-growing economy by investing its capital solely in Georgia. As a result, following the completion of the Group’s proposed demerger into a London-listed banking business (Bank of Georgia Group PLC) and a London-listed investment business (Georgia Capital PLC), the Group expects to retire its current holding company name of BGEO Group.  
  
Georgia Capital’s management and staff will relocate to a new head office by the end of February 2018. New contact information will be as follows: 

**Address**: 3/5, Tatishvili Street, 0179, Tbilisi, Georgia

**Investor Relations contact**: [ir@gcap.ge](mailto:ir@geocapital.com)

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