Dividend Declaration

Released : 25 Jun 2012 15:24

RNS Number : 0907G
Bank of Georgia Holdings PLC
25 June 2012
 

                                                                                                                            London, 25 June 2012

Dividend Announcement

 

On 7 June 2012, the Directors of Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia's leading bank, announced that they had declared an interim dividend of Georgian Lari 0.70 per share, payable to ordinary shareholders of the Company in British Pounds Sterling pursuant to the following timetable:

Interim Dividend Declaration

7 June 2012

Ex-dividend Date

13 June 2012

Record Date

15 June 2012

Currency Conversion Date

25 June 2012

Payment Date

2 July 2012

 

The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling exchange rate as of 25 June 2012 is 2.5626 and shall be used to pay dividends to ordinary shareholders of the Company on 2 July 2012.

Those shareholders who have not provided their appropriate bank account details to Computershare Investor Services PLC for payment of the dividend will be paid the dividend by cheque in British Pounds Sterling.

 

 

 

 

 

 

 

 

 

 

About Bank of Georgia Holdings plc

Bank of Georgia Holdings plc is a UK-incorporated holding company of Bank of Georgia. Bank of Georgia is the leading Georgian bank, based on total assets (with a 34% market share), total loans (with a 35% market share) and client deposits (with a 34% market share) as of 31 March 2012, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance services to its clients.

 

Bank of Georgia has, as of the date hereof, the following credit ratings:

Standard & Poor's

'BB-/B'


FitchRatings

'BB-/B'


Moody's

'B1/NP' (FC) & 'Ba3/NP' (LC)


For further information, please visit www.bogh.co.uk, www.bog.ge/ir or contact: 

 

Irakli Gilauri

Macca Ekizashvili


Chief Executive Officer

Head of Investor Relations


+995 322 444 109

+995 322 444 256


igilauri@bog.ge

ir@bog.ge


 

      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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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