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
FOR
|
%
|
VOTES
AGAINST
|
%
|
VOTES
TOTAL
|
% of ISC*
VOTED
|
VOTES
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.
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 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.