Hg announces the full exit of Geomatikk Group

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).

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For further information, please contact:

HgCapital Trust
Laura Dixon

[e-mail]

[phone]

George Crowe

[e-mail]

[phone]

Cadarn
Lucy Clark
[e-mail]
[phone]

David Harris
[e-mail]
[phone]

Hg
Tom Eckersley

[e-mail]

Sam Ferris

[e-mail]

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 and 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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