Bank of Georgia Group PLC

BGEO

GB00BF4HYT85

Banks

Real-time Estimate Cboe Europe Other stock markets 11:55:16 20/06/2024 BST			5-day change	1st Jan Change
3,905 ^GBX	+2.36%		+1.69%	-1.64%

06-17	Bank of Georgia Group PLC Approves Final Dividend	CI
06-17	Bank of Georgia Group PLC's Equity Buyback announced on October 9, 2023, has expired.	CI

Bank of Georgia subsidiary redeems USD100 million notes

May 23, 2024 at 01:19 pm

Bank of Georgia Group PLC - Tbilisi, Georgia-based lender - Says its banking business subsidiary JSC Bank of Georgia has issued a notice that it will redeem all of its outstanding notes equal to USD100 million on June 28. Says this will be settled in cash. Says the redemption of the outstanding AT1 notes "highlights the bank's strong capital position and high levels of internal capital generation, reflecting its robust financial health".

Current stock price: 4,025.63 pence

12-month change: up 27%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Bank of Georgia Group PLC

Bank of Georgia Group PLC Approves Final Dividend	06-17	CI
Bank of Georgia Group PLC's Equity Buyback announced on October 9, 2023, has expired.	06-16	CI
Transcript : Bank of Georgia Group PLC, Q1 2024 Earnings Call, May 29, 2024	05-29
Bank of Georgia maintains targets amid domestic political volatility	05-29	AN
Bank of Georgia Group Reports Higher Q1 Attributable Profit, Net Interest Income	05-29	MT
Earnings Flash (BGEO.L) BANK OF GEORGIA GROUP Posts Q1 EPS GEL23.53	05-29	MT
Bank of Georgia Group PLC Reports Earnings Results for the First Quarter Ended March 31, 2024	05-29	CI
Bank of Georgia Group Unit to Redeem $100 Million Notes	05-23	MT
Bank of Georgia subsidiary redeems USD100 million notes	05-23	AN
Georgia's central bank makes $60 million intervention to support Lari amid political crisis	05-16	RE
Bank of Georgia increases total dividend for 2023 by 4.6%	05-13	AN
Bank of Georgia announces reduced final dividend for 2023	05-13	AN
Bank of Georgia Group plc Proposes Final Dividend for the Year 2023, Payable on 19 July 2024	05-13	CI
Fintech Farm announced that it has received $54 million in funding from Chrome Capital, Nordstar Partners Limited, Bank of Georgia Group PLC	05-09	CI
Marula assays show Nyori potential; Nexxen pays debt	04-10	AN
Bank of Georgia Group Unit Prices $300 Million Issue of Additional Tier 1 Notes	04-10	MT
Bank of Georgia Group plc Announces Change of Registered Office	04-08	CI
Bank of Georgia Closes $304 Million Purchase of Ameriabank	04-04	MT
Bank of Georgia gets approval for USD304 million Ameriabank	04-02	AN
Bank of Georgia Group's Purchase of Ameriabank Obtains Regulatory Approval	04-02	MT
Bank of Georgia Group PLC and JSC Bank of Georgia completed the acquisition of 90% Ameriabank CJSC from IMAST Group (CY) Limited; European Bank for Reconstruction and Development ("EBRD"); Asian Development Bank; Afeyan Foundation for Armenia Inc.; and ESPS Holding Limited.	03-30	CI
Bank of Georgia Group PLC Announces Changes to Its Board	03-15	CI
Transcript : Bank of Georgia Group PLC, Q4 2023 Earnings Call, Mar 15, 2024	03-15
Bank of Georgia Group to Expand Share Buyback Program by GEL100 Million	03-15	MT
Bank of Georgia optimistic but rising costs keep a lid on profit	03-15	AN

Chart Bank of Georgia Group PLC

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Company Profile

Bank of Georgia Group PLC is a United Kingdom-based holding company that provides banking, leasing, brokerage, and investment management services to corporate and individual customers. The Companyâs Retail Banking segment provides consumer loans, mortgage loans, overdrafts, credit cards and other credit facilities, funds transfers and settlement services, and handling of customers deposits for both individuals and legal entities. Its Corporate Investment Banking segment comprises corporate banking and investment management operations in Georgia. Corporate Banking provides loans and other credit facilities, funds transfers and settlement services, trade finance services, documentary operations support and handles savings and term deposits for corporate and institutional customers. The Investment Management business provides brokerage services through Galt & Taggart. Its BNB segment comprising JSC Belarusky Narodny Bank, which provides retail and corporate banking services in Belarus.

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Banks

Calendar

03/07/2024 - Final dividend

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ESG Refinitiv

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BUY

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38.15 GBP

Average target price

56.84 GBP

Spread / Average Target

+48.99%

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Bank of Georgia Group PLC

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BGEO

GB00BF4HYT85

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Bank of Georgia subsidiary redeems USD100 million notes

EPS Revisions