The disposal is subject to customary closing conditions, including the approval of the Georgian Competition and Consumer Agency. Completion of the Transaction and the receipt of full sales proceeds is expected before 31 December 2024. The Transaction is in line with GCAP's capital-light investment strategy and represents another successful completion of the full investment cycle of our private assets: to invest, to grow, and finally to monetise the investment via a cash exit. This disposal also marks further progress toward GCAP's key strategic priority of divesting from subscale portfolio companies: we have now monetised almost 60% of the "Other1" portfolio value, representing more than 5% of GCAP's total NAV as at 30 June 2024.