REG - HgCapital Trust PLC - Hg announces the full exit of Geomatikk Group

HgCapital TrustAnnouncement

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RNS Number : 7020Y  HgCapital Trust PLC  30 March 2026

 

Hg, the Manager of HgCapital Trust plc ("HgT"), today announces a full exit of
Geomatikk Group, a leading provider of tech-enabled services and software that
help safeguard and manage critical underground infrastructure.

 

The terms of the transaction have not been disclosed.

 

HgT, whose shares are listed on the London Stock Exchange, gives private and
institutional investors the opportunity to participate in all Hg's
investments.

 

This transaction values HgT's investment in Geomatikk Group at approximately
£20.4 million. This would represent an uplift of £0.6 million (3% or 0.1
pence per share) over the carrying value of £19.8 million in the pro-forma
Net Asset Value ("NAV") of HgT at 28 February 2026, or £0.2 million (1% or
0.1 pence per share) over the carrying value of £20.2 million in the NAV of
HgT at 31 December 2025.

 

Note that these figures only relate to HgT's share of Hg's overall investment
in Geomatikk Group.

 

Based on the pro-forma 28 February 2026 NAV, the new pro-forma NAV of HgT is
expected to be £2.6 billion (or 563.8 pence per share).

 

HgT's liquid resources available for future deployment (including all
announced transactions, the proposed final dividend payable in May 2026, and
the available balance on the bank facility) are estimated to be £391 million
(15% of the pro-forma 28 February 2026 NAV of £2.6 billion).

 

HgT's outstanding commitments to invest in Hg transactions are approximately
£2.1 billion (83% of the pro-forma 28 February 2026 NAV).

 

-Ends-

 

For further information, please contact:

HgCapital Trust
Laura Dixon

laura.dixon@hgcapital.com (mailto:laura.dixon@hgcapital.com)

+44 78 2459 2894

 

George Crowe

george.crowe@hgcapital.com (mailto:george.crowe@hgcapital.com)

+44 7774 617 150

 

Cadarn
Lucy Clark
lucy@cadarncapital.com (mailto:lucy@cadarncapital.com)

+44 (0)7984 184 461

 

David Harris
david@cadarncapital.com (mailto:david@cadarncapital.com)

+44 (0)7368 883 211

 

Hg
Tom Eckersley

tom.eckersley@hgcapital.com (mailto:tom.eckersley@hgcapital.com)

 

Sam Ferris

sam.ferris@hgcapital.com (mailto:sam.ferris@hgcapital.com)

 

About HgCapital Trust plc

HgCapital Trust plc is an investment company whose shares are listed on the
London Stock Exchange (HGT.L). HGT gives investors exposure, through a liquid
vehicle, to a portfolio of high-growth unquoted companies, managed by Hg, an
experienced and well-resourced private equity firm with a long-term track
record of delivering superior risk-adjusted returns for its investors.

 

For further details, see www.hgcapitaltrust.com
(http://www.hgcapitaltrust.com) and www.hgcapital.com
(http://www.hgcapital.com)

 

About Geomatikk

 

About Hg

Hg is an investor in European and transatlantic technology and services
businesses. We are an AI leader in private equity, helping to build
sector-leading enterprises that supply critical applications or workflow
services to deliver intelligent automation for their customers.

 

We take an active approach to value creation, combining deep end-market
knowledge with world class operational resources to support entrepreneurial
leaders looking to scale and drive AI transformation.

 

With a vast European network and strong presence across North America, Hg has
over $110 billion in assets under management and more than 400 employees. Our
portfolio spans around 60 businesses worth over $195 billion in aggregate
enterprise value, employing more than 130,000 people and consistently growing
revenues at more than 18% annually.

 

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