---
title: "Georgia Capital PLC Capital Reduction"
description: "Georgia Capital PLC (CGEO or the Company) announces that its planned reduction of capital (the Reduction of Capital) became effective on 12 June 2018, pur"
canonical_url: "https://georgiacapital.ge/news/company-news/547-georgia-capital-plc-capital-reduction"
locale: en
meta:
  author: website
  "og:description": "Georgia Capital PLC (CGEO or the Company) announces that its planned reduction of capital (the Reduction of Capital) became effective on 12 June 2018, pur"
  "og:image": "https://georgiacapital.ge/gcap_og_image.png"
  "og:image:alt": "Georgia Capital PLC Capital Reduction"
  "og:image:height": "261"
  "og:image:width": "500"
  "og:title": "Georgia Capital PLC Capital Reduction"
---

> Index of every page on this site: [llms.txt](https://georgiacapital.ge/llms.txt)

12 Jun 2018

Follow on socials

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.

## Explore more

```json
{
  "@context": "https://schema.org",
  "@type": "CollectionPage",
  "@id": "https://georgiacapital.ge/news/company-news#webpage",
  "url": "https://georgiacapital.ge/news/company-news",
  "name": "Company News",
  "inLanguage": "en",
  "isPartOf": {
    "@id": "https://georgiacapital.ge/#website"
  }
}
```

## Sitemap

See the full [sitemap](https://georgiacapital.ge/sitemap.md) for all pages.