Notice of AGM

RNS Number : 1780L

Bank of Georgia Group PLC

12 May 2022

 

London, 12 May 2022

NOTICE OF ANNUAL GENERAL MEETING 2022

Further to the publication on 28 April 2022 of Bank of Georgia Group PLC's (the "Company") (LSE:BGEO) Annual Report and Accounts for financial year 2021, the Company has today posted or made available to shareholders the 2022 Notice of Annual General Meeting (the "Notice of AGM") and related form of proxy.

The Notice of AGM and form of proxy are available on the Company's website at https://bankofgeorgiagroup.com/information/meetings . The Annual Report and Accounts for financial year 2021 are also available at https://bankofgeorgiagroup.com/reports/annual . A copy of the Notice of AGM and form of proxy will be submitted to the National Storage Mechanism and be available for inspection shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

The Annual General Meeting will be held at 11:00 am (London time) on Monday 20 June 2022 at the offices of Baker & McKenzie LLP, 100 New Bridge Street, London EC4V 6JA.

We strongly encourage shareholders to participate in the business of the AGM by utilising the proxy voting process in accordance with the instructions explained in the Notice of AGM. Facilities will be available to shareholders to engage with the Directors at the AGM electronically. In addition, if a shareholder has a question they would have raised at the AGM, that question can be submitted by email in advance of the AGM to  [e-mail] .

Shareholders should continue to monitor the Company's website and our announcements for any updates in relation to the meeting. 

If the final dividend of GEL 2.33 per Ordinary Share (payable in Pounds Sterling) is approved by shareholders on 20 June 2022, the Company proposes the following dividend timetable:

Ex-Dividend Date:  30 June 2022

Record Date:  1 July 2022

Currency Conversion Date:  4 July 2022

Payment Date:  14 July 2022

The National Bank of Georgia Georgian Lari/Pounds Sterling average exchange rate for the period 27 June to 1 July 2022 will be used as the exchange rate on the Currency Conversion Date.

Name of authorised official of issuer responsible for making notification: Nini Arshakuni, Head of Investor Relations

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" and on the LSE: BGEO LN) is a UK incorporated holding company. The Group mainly comprises: a) retail banking and payment business (Retail Banking); and b) corporate banking and investment banking operations (Corporate and Investment Banking) in Georgia.  JSC Bank of Georgia ("Bank of Georgia", "BOG", or the "Bank"), a systematically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in the payments business and financial mobile application, with strong retail and corporate banking franchises. In line with our digital strategy, the Group focuses on expanding technological and advanced data analytics capabilities to offer more personalised solutions and seamless experiences to our customers. Employee empowerment, customer satisfaction, and data-driven decision-making, together with the strength of the banking franchise, are key enablers of the Group's sustainable value creation. By building on its competitive strengths and uncovering more opportunities, the Group is committed to delivering strong profitability sustainably and maximising shareholder value. The Group expects to benefit from the growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking operations, it aims to deliver on its strategy and its key medium-term objectives  ̶ at least 20% return on average equity (ROAE) and c.10% growth of its loan book.

JSC Bank of Georgia has, as of the date hereof, the following credit ratings:
Fitch Ratings	'BB-/B'
Moody's	'Ba2/NP'

For further information, please visit www.bankofgeorgiagroup.com or contact:

Archil Gachechiladze	Michael Oliver	Sulkhan Gvalia	Nini Arshakuni
CEO	Adviser to the CEO	CFO	Head of Investor Relations
[phone]	[phone]	[phone]	[phone] (7515)
[e-mail]	[e-mail]	[e-mail]	[e-mail]

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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

 

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