Georgia Capital PLC (CGEO) Director/PDMR Shareholding - Correction

The following amendment has been made to the Director/ PDMR Shareholding announcement released at 17:15 on 6 June 2022 under RNS Number 8972N.  The 48,496 CGEO ordinary shares were purchased in the market at £6.60 (rounded to two decimal points) per Share and not as originally stated. The full amended text is shown below.

Georgia Capital announces market purchase of shares for its Executive Equity Compensation Trust

Georgia Capital PLC (CGEO or the Group) was notified by Sanne Fiduciary Services Limited (Sanne), acting as trustee of the JSC Georgia Capital Executive Equity Compensation Trust (the Trust), that Sanne, through an independent broker, purchased in the market 48,496 CGEO ordinary shares with a nominal value of £0.01 each (Shares) at a price of £6.60 (rounded to two decimal points) per Share, traded on 1 June 2022 with a settlement date of 7 June 2022.

The Trust holds the Shares for the purpose of satisfying awards to be awarded to beneficiaries of the Trust. The executive directors and persons discharging managerial responsibility of the Group are potential beneficiaries under the Trust and are therefore treated as having an interest in such Shares. Upon settlement of the above transaction, the Trust will hold a total of 3,035,524 Shares, representing approximately 6.64% of CGEO's issued ordinary share capital.

 Of the 3,035,524 Shares held by the Trust, 2,111,362 are allocated to existing awards.

Name of authorised official of issuer responsible for making notification: Link Company Matters Limited, Company Secretary

About Georgia Capital PLC

Georgia Capital is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group's focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature. Georgia Capital currently has the following portfolio businesses: (i) a retail (pharmacy) business, (ii) a hospitals business, (iii) an insurance business (P&C and medical insurance); (iv) a clinics and diagnostics business, (v) a renewable energy business (hydro and wind assets) and (vi) an education business; Georgia Capital also holds other small private businesses across different industries in Georgia; a 20% equity stake in the water utility business and a 19.9% equity stake in LSE premium-listed Bank of Georgia Group PLC ("BoG"), a leading universal bank in Georgia.

 For further information, please visit www.georgiacapital.ge or contact:

This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities