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Bank of Georgia Group PLC announced on April 14, 2023, that its Board of Directors intends to recommend a final dividend of GEL 5.80 per ordinary share for the financial year 2022. This recommendation will be put to shareholder approval at the AGM on May 19, 2023. If approved, the dividend will have an Ex-Dividend Date of June 29, 2023, a Record and Currency Conversion Date of June 30, 2023, and a Payment Date of July 14, 2023.
| Date | 14 Apr 2023 |
| Time | 07:00:06 |
| Category | Capital structure |
| ID | 1877W |
London, 14 April 2023
Bank of Georgia Group PLC announces timetable for its recommended final dividend for 2022
Bank of Georgia Group PLC (the "Company") disclosed in its Preliminary Results for Full Year 2022 that the Board of Directors intended to recommend for shareholder approval a final dividend for financial year 2022 of GEL 5.80 per ordinary share payable in Pounds Sterling at the prevailing rate. The Company confirms that the dividend will be put to shareholder approval at the AGM on 19 May 2023. If the final dividend of GEL 5.80 per ordinary share is approved by shareholders at the AGM, the following dividend timetable will apply:
Ex-Dividend Date: 29 June 2023
Record Date: 30 June 2023
Currency Conversion Date: 30 June 2023
Payment Date: 14 July 2023
The National Bank of Georgia Georgian Lari/Pounds Sterling average exchange rate for the period 26 June to 30 June 2023 will be used as the exchange rate on the Currency Conversion Date.
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) |
|
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