Georgia Healthcare Group PLC Annual Financial Report (9414G)
March 07 2018 - 2:02AM
UK Regulatory
TIDMGHG
RNS Number : 9414G
Georgia Healthcare Group PLC
07 March 2018
London, 7 March 2018
ANNUAL REPORT 2017
Georgia Healthcare Group PLC ("GHG" or the "Group") (LSE:GHG)
has today published its Annual Report and Accounts for the
financial year ended 31 December 2017 (the "Annual Report
2017").
A copy of the Annual Report 2017 has been submitted to the
National Storage Mechanism and will shortly be available for
inspection at www.morningstar.co.uk/uk/NSM. The Annual Report 2017
is also available on the Group's website at ghg.com.ge.
Details of the Company's Annual General Meeting, expected to be
held in April, will be sent to shareholders separately in the
coming weeks.
Name of authorised official of issuer responsible for making
notification:
Ketevan Kalandarishvili, Head of Investor Relations
About Georgia Healthcare Group PLC
Georgia Healthcare Group PLC is a UK incorporated holding
company of 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 37 hospitals and 12 polyclinic clusters
(consisting of 16 polyclinics and 24 express outpatient clinics),
as at 31 December 2017. GHG is the single largest market
participant, accounting for 24.5% of total hospital bed capacity in
the country, as of 31 December 2017. From January 2017, GHG become
the largest pharmaceuticals retailer and wholesaler in Georgia,
with approximately 30% market share by revenue. GHG is the second
largest provider of medical insurance in Georgia with a 29.0%
market share based on net insurance premiums earned and
approximately 155,000 insurance customers as at January 2018. GHG
employed a total of c.15,100 people as at 31 December 2017,
including c.3,500 physicians.
For further information, please visit ghg.com.ge or contact:
Nikoloz Gamkrelidze Irakli Gogia Ketevan Kalandarishvili
CEO CFO Head of Investor
Relations
+995 322 550505 +995 322 550505 +995 322 550505
(5077) (5088) (5079)
ngamkrelidze@ghg.com.ge irakligogia@ghg.com.ge ir@ghg.com.ge
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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