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BGEO Bank Of Georgia Group Plc

4,835.00
-65.00 (-1.33%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bank Of Georgia Group Plc LSE:BGEO London Ordinary Share GB00BF4HYT85 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -65.00 -1.33% 4,835.00 4,815.00 4,850.00 4,850.00 4,770.00 4,770.00 64,732 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bank of Georgia Group PLC BOGG PLC on possible transaction with Ameriabank

15/02/2024 11:18am

RNS Regulatory News


RNS Number : 2979D
Bank of Georgia Group PLC
15 February 2024
 

 

London, 15 February 2024

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF UK DOMESTIC LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR")

 

 

Bank of Georgia Group PLC announcement regarding possible transaction with Ameriabank CJSC

 

 

Bank of Georgia Group PLC (the "Company" or the "Group") notes the recent media speculation regarding a potential transaction involving Ameriabank CJSC ("Ameriabank"), a leading bank in Armenia, and confirms that it is in advanced discussions with Ameriabank and its current shareholders regarding its potential acquisition.

 

This transaction is intended to be financed with the Group's surplus capital, without changing the Company's dividend and capital distribution policy.

The transaction, if it proceeds, will constitute a class 1 transaction under the UK FCA's Listing Rules. The Company will update shareholders as to progress made in relation to the acquisition as and when appropriate. There can be no certainty that a transaction will be signed nor, if signed, concluded.

 

 

 

 

 

 

 

Name of authorised official of issuer responsible for making notification: Nini Arshakuni, Head of Investor Relations

 

 

About Bank of Georgia Group PLC

Bank of Georgia Group PLC (the "Company" - LSE: BGEO LN) is a FTSE-250 company. Its core entity is JSC Bank of Georgia ("Bank of Georgia", "BOG", or the "Bank"), a digital banking leader in Georgia that provides a suite of banking and financial services to retail clients and businesses. By building on its competitive strengths, the Group is committed to delivering strong profitability sustainably and maximising shareholder value.

Legal Entity Identifier: 213800XKDG12NQG8VC53

 

 

For further information, please visit www.bankofgeorgiagroup.com or contact:

 

Michael Oliver

Nini Arshakuni

Adviser to the CEO

Head of Investor Relations

+44 203 178 4034

+995 322 444 444 (7515)

moliver@bgeo.com

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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