REG - Bank of Georgia Grp - Result of March 2024 GM

Bank of GeorgiaAnnouncement

14/03/2024 13:45

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RNS Number : 9196G  Bank of Georgia Group PLC  14 March 2024

 

 

 

London, 14 March 2024

Result of March 2024 General Meeting

 

On 19 February 2024, Bank of Georgia Group PLC (the "Company") published its
shareholder circular containing a notice of general meeting (the "General
Meeting") in connection with the proposed acquisition of Ameriabank CJSC (the
"Transaction").

 

The General Meeting was held earlier today, at which the ordinary resolution
to approve the Transaction and associated matters as set out in the Notice of
General Meeting was duly passed and the poll results were as follows:

 

 VOTES       %        VOTES     %      VOTES       % of ISC*  VOTES

FOR
AGAINST
TOTAL
VOTED
WITHHELD
 38,211,373  100.00%  216       0.00%  38,211,589  83.60%     4,732

*Issued share capital excluding treasury shares pending cancellation

 

Having received this shareholder approval of the Resolution at the General
Meeting and subsequently also regulatory approval from the National Bank of
Georgia, the Company intends to proceed to completion of the Transaction upon
the receipt of regulatory approvals in Armenia.

 

Notes:

1.     As at the date of the General Meeting, the Company had 45,709,102
ordinary shares in issue. The Company did not hold any shares in treasury and
therefore the total number of voting rights as at the date of the General
Meeting was 45,709,102. In accordance with the Company's Articles of
Association and subject to the Listing Rules, on a poll every member who is
present in person or by proxy has one vote for every share held.

2.     The scrutineer of the poll was Computershare Investor Services PLC,
the Company's Share Registrar.

3.     Note that a "vote withheld" is not a vote in law and such votes have
not been included in the calculation of votes "for" and "against" each
resolution. Proxy appointments which gave discretion to the Chairman have been
included in the "for" total above.

 

In accordance with LR 9.6.2, a copy of the resolution has been submitted to
the FCA's National Storage Mechanism and will shortly be available to view at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

 

 

 

 

 

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
(http://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 (mailto:moliver@bgeo.com)  ir@bog.ge

 

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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