Cancellation of shares bought back under buyback programme

Georgia Capital PLC (the “Group” or “Georgia Capital”) announces, that its board of directors (the “Board”) has approved the following changes to the US$45 million share buyback programme (the “Programme”), commenced on June 14, 2018:

• the cancellation of 2,000,000 treasury shares bought back under the Programme; and
• the transfer of 686,468 treasury shares bought back under the Programme to JSC Georgia Capital Executive Equity Compensation Trust (the “Trust”).