Cancellation of listing of GHG PLC

OFFER UPDATE

GEORGIA HEALTHCARE GROUP PLC

FOR IMMEDIATE RELEASE

5 August 2020

GEORGIA HEALTHCARE GROUP PLC

CANCELLATION OF LISTING

On 8 July 2020, Georgia Capital PLC (GCAP) announced that all of the conditions of its recommended final share exchange offer for Georgia Healthcare Group PLC (GHG) (the Offer) had been satisfied or waived and, accordingly, the Offer was declared unconditional in all respects and gave notice that cancellation of (i) the listing of the GHG Shares on the premium listing segment of the Official List, and (ii) their admission to trading on the London Stock Exchange's main market for listed securities, will take effect no earlier than 8.00 a.m. (London time) on 5 August 2020 (the Announcement).

In accordance with the Announcement, GHG confirms that, following an application by GCAP, the Financial Conduct Authority has cancelled the listing of GHG Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of GHG Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 8.00 a.m. (London time) today, 5 August 2020.

Terms defined in the Offer Document dated 11 June 2020 have the same meaning in this announcement.

Enquiries

Georgia Capital PLC                                                                               [email protected]

Irakli Gilauri, Chairman & CEO

Giorgi Alpaidze, CFO

Numis Securities Limited (Financial Advisor to GCAP)                   0207 260 1000

Hugh Jonathan

George Fry

Vicki Paine

Georgia Healthcare Group PLC                                                       www.ghg.com.ge

Nikoloz Gamkrelidze

Irakli Gogia

Michael Oliver

Investec Bank plc (Financial Adviser to GHG)                                 0207 597 5970 

Sara Hale

William Godfrey

Tejas Padalkar

Freshfields Bruckhaus Deringer LLP is acting as legal adviser to Georgia Capital PLC in connection with the Offer. Baker & McKenzie LLP is acting as legal adviser to Georgia Healthcare Group PLC in connection with the Offer.

Important notices relating to financial advisers

Numis Securities Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as Financial Adviser exclusively for GCAP and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than GCAP for providing the protections afforded to clients of Numis, nor for providing advice in relation to any matter referred to herein.

Investec Bank plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority, is acting for GHG and no one else in connection with the above and will not be responsible to anyone other than GHG for providing the protections offered to clients of Investec nor for giving advice in relation to the subject matter of this announcement or any other matters referred to in this announcement.