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Bank of Georgia Hldg (BGEO)

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Wednesday 04 April, 2012

Bank of Georgia Hldg

Reduction of Capital

RNS Number : 8732A
Bank of Georgia Holdings PLC
04 April 2012


Reduction of Capital





No. 297 of 2012


In the Matter of Bank of Georgia Holdings plc


In the Matter of the Companies Act 2006



Notice is hereby given that the Order of the High Court of Justice Chancery Division dated 3rd April 2012 confirming the reduction of the capital of the Bank of Georgia Holdings plc. (BGH) in the aggregate sum of £299,565,638.82 and the Statement of Capital approved by the Court showing with respect to the capital of Bank of Georgia Holdings plc. as altered the several particulars required by section 649(2) of the Companies Act 2006 were registered by the Registrar of Companies on 21 March 2012.


The reduction of capital described in the Prospectus issued by BGH on 20 December 2011. The reduction of capital is a legal and accounting adjustment and is not expected to have any direct impact on the market value of the BGH Shares.





This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of, any securities.


The securities of BGH referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless they are registered with the U.S. Securities and Exchange Commission or an exemption from the registration requirements of the Securities Act is available.


The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.


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