Dividend Currency Conversion Rate

RNS Number : 8732P

Bank of Georgia Group PLC

22 October 2021

 

London, 22 October 2021

Bank of Georgia Group PLC announces dividend currency conversion rate

A s announced on 17 August 2021, the Board of Directors of Bank of Georgia Group PLC (the "Company") declared an interim dividend of GEL 1.48 per ordinary share in respect of the period ended 30 June 2021, to ordinary shareholders of the Company on the register of members at close of business on 22 October 2021, in British Pounds Sterling, pursuant to the following timetable:

Ex-dividend date: 21 October 2021

Record date: 22 October 2021

Payment date: 5 November 2021

The Company hereby confirms that the National Bank of Georgia Georgian Lari/British Pounds Sterling average exchange rate for the period 18 to 22 October 2021 is 4.3219 and shall be used to pay dividends to ordinary shareholders of the Company on 5 November 2021.

Those shareholders who have not provided the 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. 

Name of authorised official of issuer responsible for making notification: Link Company Matters Limited, Company Secretary

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services; b) corporate banking, wealth management and investment banking operations in Georgia; and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the systemically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in payments business and financial mobile application, with the strong retail and corporate banking franchise in Georgia. With a continued focus on increasing digitalisation and expanding technological and data analytics capabilities, the Group aims to offer more personalised solutions and seamless experiences to its customers to enable them to achieve more of their potential. The Group aims to benefit from growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking services targets to deliver on its strategy, which is based on at least 20% ROAE and c.10% growth of its loan book in the medium-term .  

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	Natia Kalandarishvili
CEO	Adviser to the CEO	CFO	Head of Investor Relations
[phone]	[phone]	[phone]	[phone] (9282)
[e-mail]	[e-mail]	[e-mail]	[e-mail]

This 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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