Georgia Capital PLC - Tbilisi-based investor in businesses in Georgia - Chair & Chief Executive Officer Irakli Gilauri sells 165,785 shares, mostly at GBP22.39, worth GBP3.7 million, on Tuesday and Thursday last week. Gilauri sold 29,641 shares earlier in August and now has 2.6 million shares, both vested and unvested. Read More
Georgia Capital PLC - Tbilisi-based investor in businesses in Georgia - Chair & Chief Executive Officer Irakli Gilauri sells 29,641 shares, mostly at GBP23.30, worth GBP692,018, on Wednesday, Thursday and Friday last week. Gilauri retains 2.8 million Georgia Capital shares, both vested and unvested. Read More
Georgia Capital PLC - Tbilisi-based investor in domestic business in Georgia - Starts a USD50 million share buyback programme on Tuesday. The buyback will be run by Numis Securities Ltd and completed within nine months. Georgia Capital says the price paid for the shares will not exceed its latest reported net asset value per share, which was GBP33.61 as of June 30. The repurchased shares will be cancelled to reduce the company's share capital. The buyback is part of the GEL700 million, about GBP192 million, shareholder return that Georgia Capital announced with its half-year results earlier in August. It swung to a pretax profit of GEL991.7 million, around GBP279.1 million, in the first half of 2025, compared to a loss of GEL192.3 million a year before. Read More
(Alliance News) - The FTSE 100 was called higher on Tuesday, in light of the increasing likelihood of Ukraine-Russia talks amid Ukrainian President Volodymyr Zelensky's announcement that "we are ready for a bilateral meeting with Putin". Read More
(Alliance News) - Georgia Capital PLC on Wednesday hailed the economy of Georgia as it posted an interim profit and announced a new share buyback programme. Read More
Georgia Capital PLC - Tbilisi-based investor in domestic business in Georgia - Says wholly-owned subsidiary JSC Georgia Capital has exercised its option to put a 20% equity stake in Georgia Global Utilities JSC. The majority shareholder, Aqualia Georgia LLC, is to pay JSC GCAP a put option price of USD70.4 million. Compleition of the transaction and the receipt of proceeds is expected by the end of July. The use of proceeds will be announced following the receipt of funds, Georgia Capital adds. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Georgia Capital PLC on Wednesday said its net asset value increased during the first quarter of 2025, driven by continued growth in Lion Finance Group PLC's share price. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - Georgia Capital PLC on Monday reported lower annual profit, as weaker portfolio value creation weighed on earnings, though its net asset value per share increased. Read More
(Alliance News) - UK stocks were called essentially flat on Monday, while over in the US confusion continues within federal workforces. Read More
(Alliance News) - Georgia Capital PLC on Monday responded to a news report by Radio Liberty Georgia last week that said the company's chair & chief executive officer has been included on a US target list drawn up in response to political turmoil in Georgia. Read More
(Alliance News) - Stock prices in London opened in the red on Monday, after Friday's US jobs data increased expectations of a pause in rate cuts this year. Read More
(Alliance News) - The FTSE 100 was called lower on Monday, after Friday's US jobs data strengthened Federal Reserve hawks' hand and made rate cuts less likely. Read More
Georgia Capital PLC - Tbilisi-based investor in Georgian businesses - Completes disposal of its beer and distribution business for net proceeds around USD63 million to a subsidiary of Royal Swinkels NV. The company says the business is now held in a Netherlands-based holding company with Georgia Capital and its minority co-investor holding 20% in a put/call structure and Royal Swinkels holding 80%. Read More