London, 13 December 2024
Bank of Georgia Group PLC announces outcome of external audit tender
Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces its intention to appoint PricewaterhouseCoopers LLP ("PwC") as its auditor for the year ending 31 December 2026. This follows a competitive tender process overseen by the Audit Committee, resulting in a recommendation which was approved by the Board.
Ernst & Young LLP ("EY"), the Company's current auditor, will continue in their role and will undertake the audit of the Company until the year ending 31 December 2025, subject to reappointment by shareholders at the relevant Annual General Meeting. The appointment of PwC will be recommended to the Company's shareholders for approval at the 2026 Annual General Meeting.
Further details of the audit tender process and evaluation criteria will be included in our 2024 Annual Report.
For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450
Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary
About Bank of Georgia Group PLC
Bank of Georgia Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.
Legal Entity Identifier: 213800XKDG12NQG8VC53
For further information, please visit www.bankofgeorgiagroup.com or contact:
Michael Oliver |
Nini Arshakuni |
Adviser to the CEO |
Head of Investor Relations |
+44 203 178 4034 |
+44 203 178 4034 |
ir@bgeo.com |
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