Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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JSC Bank of Georgia (BGEO)

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Monday 09 May, 2011

JSC Bank of Georgia

Result of Tender Offer

Result of Tender Offer

Bank of Georgia

Joint Stock Company Bank of Georgia announces pricing and final results of the Invitation in respect of the U.S.$200,000,000 9.0 per cent. Loan Participation Notes due 2012 issued by BG Finance B.V.


This announcement does not constitute an invitation to participate in the Invitation (as defined herein) in or from any jurisdiction in or from which, or to or from whom, it is unlawful to make such offer under applicable securities laws or otherwise. The distribution of this announcement in certain jurisdictions (in particular the United States, the United Kingdom, Italy, France and Belgium) may be restricted by law. Persons into whose possession this document comes are required by the Joint Dealer Managers, Bank of Georgia and the Issuer (each as defined below) to inform themselves about, and to observe, any such restrictions. No action that would permit a public offer has been or will be taken in any jurisdiction by the Joint Dealer Managers, Bank of Georgia or the Issuer.

9 May 2011

On 19 April 2011, Joint Stock Company Bank of Georgia (“Bank of Georgia”) announced an invitation to holders of the outstanding U.S.$200,000,000 9.0 per cent. Loan Participation Notes due 2012 issued by BG Finance B.V. (the “Issuer”) (ISIN: XS0283756624; Common Code: 028375662) (the “Notes”) to submit offers (“Offers”) to tender their Notes to Bank of Georgia for cash, in a modified Dutch auction (the “Invitation”). The Invitation was made upon the terms and subject to the conditions contained in the invitation for offers dated 19 April 2011 (the “Invitation for Offers”) prepared in connection with the Invitation. This announcement must be read in conjunction with the Invitation for Offers.

Following the expiration of the Invitation at 5.00 p.m. (CET) on 6 May 2011, Bank of Georgia is pleased to announce that it has accepted for purchase U.S.$60,068,000 in aggregate principal amount of the Notes at the Purchase Price of U.S.$1,040 per U.S.$1,000 in principal amount in accordance with the terms and conditions of the Invitation. The Purchase Price is equal to the Minimum Purchase Price. All Notes tendered at the Purchase Price have been accepted in full and will be tendered for cancellation by the Issuer on behalf of Bank of Georgia.

Upon settlement of the Invitation, U.S.$139,932,000 in aggregate principal amount of the Notes will remain outstanding.

The applicable Purchase Price, together with accrued but unpaid interest for the Notes will be paid to Holders whose Notes have been accepted for purchase by Bank of Georgia. Settlement of the Invitation is expected to occur on 11 May 2011.

Further Information

The Invitation is described in full in the Invitation for Offers which is available to eligible persons upon request from Lucid Issuer Services Limited, the Tender Agent for the Invitation. Citigroup Global Markets Limited and VTB Capital plc are the Joint Dealer Managers for the Invitation.

Requests for information in relation to the Invitation should be directed to:


Citigroup Global Markets Limited
Citigroup Centre, Canada SquareCitigroup Centre, Canada Square
Canary WharfCanary Wharf
London E14 5LBLondon E14 5LB
United KingdomUnited Kingdom
Attention: Liability Management GroupAttention: Liability Management Group
Tel: +44 (0)20 7986 8969Tel: +44 (0)20 7986 8969

VTB Capital plc
14 Cornhill14 Cornhill
London EC3V 3NDLondon EC3V 3ND
United KingdomUnited Kingdom
Attention: Global Head of SyndicateAttention: Global Head of Syndicate
Tel: +44 (0) 20 3334 8029Tel: +44 (0) 20 3334 8029