CGEO Georgia Capital Plc

TIDMCGEO

RNS Number : 2837L

Georgia Capital PLC

04 September 2023

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 (THE "MARKET ABUSE REGULATION")

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO OR FROM WHOM, IT IS UNLAWFUL UNDER APPLICABLE LAWS TO DISTRIBUTE THIS ANNOUNCEMENT.

4 September 2023

Announcement of Redemption Price

JSC Georgia Capital (the " Issuer")

To the holders of the U.S.$300,000,000 6.125% notes due 2024

(Regulation S : ISIN XS1778929478; Common Code 177892947, Rule 144A ISIN US373143AA49; Common Code 178546554; CUSIP 373143AA4 (the "Notes")

Reference is made to the terms and conditions of the Notes (the "Conditions") set out in the trust deed dated 9 March 2018, as amended.

On 9 August 2023, the Issuer notified the holders of the Notes of its intention to redeem all of the Notes outstanding pursuant to Condition 6(c) of the Notes on 4 September 2023 (the "Make-Whole Redemption").

The price to be paid per U.S.$1,000 principal amount of Notes redeemed pursuant to the Make-Whole Redemption is U.S.$1,030.50 (including U.S.$29.77 per U.S.$1,000 principal amount in respect of accrued interest to (but excluding) 4 September 2023 and U.S.$1,000.73 per U.S.$1,000 principal amount is in respect of Make Whole Premium). In respect of the outstanding principal amount of U.S.$16,601,000, this would equate to U.S.$17,107,389.36 (of which U.S.$ 494,283.25 is in respect of accrued interest and U.S.$16,613,106.11 is in respect of Make Whole Premium).

Payment in relation to the Notes will be made in accordance with the usual procedures of Clearstream, Luxembourg and/or Euroclear and/or DTC.

The Notes so redeemed will be cancelled and once cancelled no Notes will remain outstanding.

For further information, please contact:

Giorgi Alpaidze

Chief Financial Officer

JSC Georgia Capital

giorgi.alpaidze@gcap.ge

8a Petre Melikishvili Street / 1 Erekle Tatishvili Street

0179 Tbilisi

Georgia

This announcement is released by JSC Georgia Capital and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation, encompassing information relating to the Tender Offer described above. For the purposes of the Market Abuse Regulation, this announcement is made by Giorgi Alpaidze, the Chief Financial Officer of JSC Georgia Capital.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCUSRKROSUKRRR

(END) Dow Jones Newswires

September 04, 2023 05:06 ET (09:06 GMT)

Georgia Capital (LSE:CGEO)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024

Georgia Capital (LSE:CGEO)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024