REG - Bank of Georgia Grp - Outcome of External Audit Tender

Lion FinanceAnnouncement

13/12/2024 16:00

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RNS Number : 1018Q  Bank of Georgia Group PLC  13 December 2024

London, 13 December 2024

 

Bank of Georgia Group PLC announces outcome of external audit tender

 

Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces its
intention to appoint PricewaterhouseCoopers LLP ("PwC") as its auditor for the
year ending 31 December 2026. This follows a competitive tender process
overseen by the Audit Committee, resulting in a recommendation which was
approved by the Board.

 

Ernst & Young LLP ("EY"), the Company's current auditor, will continue in
their role and will undertake the audit of the Company until the year ending
31 December 2025, subject to reappointment by shareholders at the relevant
Annual General Meeting. The appointment of PwC will be recommended to the
Company's shareholders for approval at the 2026 Annual General Meeting.

 

Further details of the audit tender process and evaluation criteria will be
included in our 2024 Annual Report.

 

For further information, please contact: Computershare Company Secretarial
Services Limited, +44 (0) 781 250 9450

 

Name of authorised official of issuer responsible for making notification:
Computershare Company Secretarial Services Limited, Company Secretary

 

About Bank of Georgia Group PLC

Bank of Georgia Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.

 

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                            +44 203 178 4034
 moliver@bgeo.com (mailto:moliver@bgeo.com)  ir@bgeo.com

 

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

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