Dividend Declaration

Released : 08 Jun 2015 14:06

RNS Number : 5263P
Bank of Georgia Holdings PLC
08 June 2015
 

 

London, 8 June 2015

 

DIVIDEND ANNOUNCEMENT

On 21 May 2015, the shareholders 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, approved the declaration of a final dividend of Georgian Lari 2.1 per share in respect of the year ended 31 December 2014, payable to ordinary shareholders of the Company in British Pounds Sterling pursuant to the following timetable:

 

Ex-Dividend Date:                             4 June 2015

Record Date:                                      5 June 2015

Currency Conversion Date:               8 June 2015

Payment Date:                                  16 June 2015

 

The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling exchange rate as of 8 June 2015 is 3.5110 and shall be used to pay dividends to ordinary shareholders of the Company on 16 June 2015.

 

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 36.9% market share), total loans (with a 34.7% market share) and client deposits (with a 32.5% market share) as of 31 March 2015, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia and includes Privatbank's market shares. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance and healthcare services to its clients. As of 31 March 2015, the Bank served approximately 1.5 million client accounts through one of the largest distribution networks in Georgia, with 219 branches, the country's largest ATM network, comprising 554 ATMs, 2,245 Express pay (self-service) terminals and a full-service remote banking platform and a modern call center.

 

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.bgh.co.uk or contact: 

Irakli Gilauri

Murtaz Kikoria

Ekaterina Shavgulidze

Chief Executive Officer

Deputy CEO, Finance

Head of Investor Relations

+995 322 444 109

+995 322 444 126

         +995 322 444 205

igilauri@bog.ge

mkikoria@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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