Georgia Healthcare Group appears on London Stock Exchange

The London Stock Exchange (LSE) is continuing to attract Georgian companies.

After TBC Bank, Bank of Georgia and Georgian Oil and Gas Corporation, another Georgian company is now listed on the LSE.

As of today, Georgia Healthcare Group began to sell its stock for the first time to the public on the London stock market.

The Georgia-based medical insurance and hospital provider was valued on the stock market at about £260m.

The Georgia Healthcare Group attracted $100 million USD new capital by listing on the London Stock Exchange.

Georgia Healthcare Group has already opened trading on the LSE. Tomorrow the Group’s shares will be officially listed as a premium listing and the price of shares will be revealed.

Georgia Healthcare Group is owned by EVEX medical corporation and Imedi L insurance firm.

Georgia Healthcare Group officials said the investments attracted by trading on the LSE would be spent on developing the EVEX medical corporation.

Georgia Healthcare Group was the first company from the region to be listed on the London Stock Exchange.