Georgia Capital PLC GHG digital application winning Gold Award (5164D)
June 29 2021 - 8:30AM
UK Regulatory
TIDMCGEO
RNS Number : 5164D
Georgia Capital PLC
29 June 2021
London, 29 June 2021
GHG digital healthcare application winning Gold Award at EBRD
Sustainability Awards 2021
Georgia Capital PLC announces that its 100% subsidiary, Georgia
Healthcare Group ("GHG"), has today won the Gold Award in the
Environmental & Social Innovation category at European Bank for
Reconstruction and Development ("EBRD") Sustainability Awards 2021,
for its new digital application - EKIMO.
EKIMO is an innovative, independent and fully integrated digital
healthcare platform, that combines all components of primary
healthcare: doctors, clinics, laboratories, radiology units, retail
pharmacies and medical insurance. The application was launched in
March 2020 and is open to any healthcare service provider or health
product seller in the country. EKIMO is completely free for all
users and provides quick and easy access to the entire healthcare
ecosystem, such as: booking doctor appointments, online payments,
online consultations, and pharmacy delivery.
Since its launch, EKIMO's network has expanded to 1,050 doctors
from 60 different clinics, half of which are independent,
third-party clinics. As of today, EKIMO is the largest digital
healthcare platform in the country, from which more than 133,600
users are already benefiting.
Name of authorised official of issuer responsible for making
notification: Giorgi Alpaidze, Chief Financial Officer
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 0.5 billion 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 healthcare
services business; (ii) a water utility business; (iii) a retail
(pharmacy) business, (iv) an insurance business (P&C and
medical insurance); (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 and a 19.9% equity stake in LSE premium-listed Bank of
Georgia Group PLC ("Bank of Georgia"), a leading universal bank in
Georgia.
JSC Georgia Capital has, as of
the date hereof, the following
credit ratings:
S&P Global 'B'/FC & 'B'/LC
Moody's B2/CFR & B2/PDR
About Georgia Healthcare Group
Georgia Healthcare Group is the largest healthcare services
provider in the fast-growing, predominantly privately-owned,
Georgian healthcare services market. GHG's leadership position is
underpinned by offering the most comprehensive range of inpatient
and outpatient services targeting the mass market segment through
its vertically integrated network of 17 hospitals and 34 clinics.
GHG is the single largest market participant, accounting for 20% of
the total hospital bed capacity in the country, as of 31 March
2021. GHG is also the largest pharmaceuticals retailer and
wholesaler in Georgia, with approximately 32% market share by
revenue and the largest provider of medical insurance in Georgia
with a 25% market share based on net insurance premiums earned and
approximately c.172,000 insurance customers. GHG employed a total
of c.15,200 people as at 31 March 2021, including c.3,500
physicians and 2,900 pharmacists.
For further information, please visit www.georgiacapital.ge or
contact:
Irakli Gilauri Giorgi Alpaidze Michael Oliver
Chairman and Chief Chief Financial Officer Adviser to the Chairman
Executive & CEO
ir@gcap.ge +995 322 005 000 +44 203 178 4034
ir@gcap.ge ir@gcap.ge
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