Annual Financial Report

RNS Number : 6740J

Bank of Georgia Holdings PLC

09 April 2015

 

London, 9 April 2015

ANNUAL REPORT 2014 AND DIVIDEND ANNOUNCEMENT

Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN) has today published its Annual Report and Accounts for the financial year ended to 31 December 2014 (the Annual Report 2014).

A copy of the Annual Report 2014 has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm.

The Annual Report 2014 is also available on the Company's website at www.bogh.co.uk. The Directors of the Company have also declared their intention to recommend an annual dividend in the amount of GEL 2.1 per share (payable in British Pounds Sterling), subject to approval by the shareholders at the Company's Annual General Meeting, scheduled for 21 May 2015. The Notice of Annual General Meeting will be dispatched to shareholders on or about 28 April 2015.

If the annual dividend is approved at the Company's Annual General Meeting on 21 May 2015, the Company envisions the following dividend timetable:

Ex-Dividend Date: 4 June 2015

Record Date: 5 June 2015

Currency Conversion Date: 8 June 2015

Payment Date: 16 June 2015

http://www.rns-pdf.londonstockexchange.com/rns/6740J_-2015-4-8.pdf

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 35.5% market share), total loans (with a 34.9% market share) and client deposits (with a 31.5% market share) as of 31 December 2014, 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 December 2014, 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 523 ATMs, 2.239 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, www.bog.ge/ir or contact: 

Irakli Gilauri	Murtaz Kikoria	Ekaterina Shavgulidze
Chief Executive Officer	Deputy CEO, Finance	Head of Investor Relations
[phone]	[phone]	[phone]
[e-mail]	[e-mail]	[e-mail]

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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