Edition:
United Kingdom

Bank of Georgia Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

1,590.00GBp
13 Nov 2018
Change (% chg)

15.00 (+0.95%)
Prev Close
1,575.00
Open
1,538.00
Day's High
1,610.80
Day's Low
1,538.00
Volume
46,849
Avg. Vol
62,842
52-wk High
3,884.00
52-wk Low
1,444.20

Latest Key Developments (Source: Significant Developments)

‍Bgeo Group Says Real Estate Subsidiary Acquires Land Plot In Telavi For Hotel Development​
Tuesday, 3 Apr 2018 

April 3 (Reuters) - BGEO Group PLC ::‍BGEO GROUP'S REAL ESTATE SUBSIDIARY ACQUIRES LAND PLOT IN TELAVI FOR HOTEL DEVELOPMENT​.‍UNIT ACQUIRED AN 8,512 SQUARE METRE LAND PLOT IN TELAVI, KAKHETI FOR A TOTAL CASH CONSIDERATION OF US$1.5 MILLION​.  Full Article

BGEO Says ‍JSC Georgia Capital Priced Inaugural $300 Mln Offering
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Bgeo Group Plc ::‍JSC GEORGIA CAPITAL SUCCESSFULLY PRICED AN INAUGURAL US$ 300 MILLION OFFERING OF 6.125% NOTES DUE MARCH 2024​.‍NOTES ARE DENOMINATED IN US DOLLARS AND ARE EXPECTED TO SETTLE ON 9 MARCH 2018.​.  Full Article

BGEO Group Appoints New CEO Of Global Beer Georgia
Thursday, 1 Mar 2018 

March 1 (Reuters) - Bgeo Group Plc ::BGEO APPOINTS A NEW CEO OF GLOBAL BEER GEORGIA.HAS APPOINTED ZDENEK RADIL AS CHIEF EXECUTIVE OFFICER OF GLOBAL BEER GEORGIA LLC.  Full Article

BGEO Group Says Group Revenue In 2017 Increased By 23.7%
Friday, 16 Feb 2018 

Feb 16 (Reuters) - BGEO Group Plc ::$18.3MLN WAS RETURNED TO SHAREHOLDERS DURING 4Q17 ($39.1MLN RETURNED IN 2017).AS OF 31 DECEMBER 2017, LOANS AND FINANCE LEASE RECEIVABLES GROWTH ON A CONSTANT CURRENCY BASIS WAS 17.4%.AS OF 31 DECEMBER 2017, CLIENT DEPOSITS AND NOTES GROWTH ON A CONSTANT CURRENCY BASIS WAS 24.8% AND 4.7% ON Y-O-Y AND Q-O-Q BASIS, RESPECTIVELY.COMMON EQUITY TIER 1 RATIO 8.1%, EXPECTED TO INCREASE TO 9.5% ON 31 DECEMBER 2018.IN Q4 OF 2017, GROUP DELIVERED ANOTHER EXTREMELY STRONG PERFORMANCE THAT RESULTED IN RECORD PROFIT FOR YEAR OF GEL 463 MILLION.GROUP REVENUE IN 2017 INCREASED BY 23.7% YEAR-ON-YEAR TO GEL 1.1 BILLION.  Full Article

Georgia's BGEO Says JSC Georgia Capital Considers Potential Issuance Of A Eurobond
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - BGEO Group Plc ::JSC GEORGIA CAPITAL, HAS MANDATED A NUMBER OF INVESTMENT BANKS TO CONSIDER POTENTIAL ISSUANCE OF A EUROBOND.  Full Article

BGEO Says Board Has Approved Implementation Of Demerger
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Bgeo Group Plc ::UPDATE ON PROPOSED DEMERGER.‍BOARD HAS NOW APPROVED IMPLEMENTATION OF DEMERGER, SUBJECT TO SHAREHOLDER APPROVAL​.‍"BELIEVE A DEMERGER OF BUSINESSES WILL DELIVER ADDITIONAL LONG-TERM VALUE TO SHAREHOLDERS"​.‍DEMERGER WILL BE SUBJECT TO SHAREHOLDER APPROVAL AT A GENERAL MEETING WHICH IS EXPECTED TO BE HELD IN APRIL 2018​.‍DEMERGER IS EXPECTED TO COMPLETE BEFORE END OF JUNE 2018​.‍FOLLOWING DEMERGER, BANK OF GEORGIA AND GEORGIA CAPITAL WILL BE TWO INDEPENDENT ENTITIES, WITH NO OVERLAPPING MANAGEMENT OR DIRECTORS​.BOARD DECIDED TO INCREASE STAKE THAT GEORGIA CAPITAL WILL HAVE IN BANK OF GEORGIA TO 19.9% FROM PREVIOUSLY ANNOUNCED 9.9%​.  Full Article

BGEO Group Says Georgia Capital Acquires Craft Beer Producer, Black Lion LLC
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - BGEO Group Plc ::‍GEORGIA CAPITAL ACQUIRES CRAFT BEER PRODUCER​.‍JSC GEORGIA CAPITAL, HAS ACQUIRED A 100% EQUITY STAKE IN A LEADING GEORGIAN CRAFT BEER PRODUCER, BLACK LION LLC​.  Full Article

BGEO Names Investment Business As Georgia Capital
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Bgeo Group Plc ::BGEO GROUP PLC - BGEO GROUP ANNOUNCES A NEW NAME FOR ITS INVESTMENT BUSINESS.BGEO GROUP PLC - BOARD APPROVED RENAMING OF GROUP'S INVESTMENT BUSINESS TO GEORGIA CAPITAL.BGEO GROUP PLC - GROUP EXPECTS TO RETIRE ITS CURRENT HOLDING COMPANY NAME OF BGEO GROUP.BGEO GROUP PLC - GEORGIA CAPITAL'S MANAGEMENT AND STAFF WILL RELOCATE TO A NEW HEAD OFFICE BY END OF FEBRUARY 2018.  Full Article

BGEO Says BOG Draws Remaining Tranche Of A Facility​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Bgeo Group Plc ::‍BOG DRAWS REMAINING TRANCHE OF EBRD'S GEL FACILITY​.  Full Article

BGEO Group Says Unit M2 Acquires Controlling Stake In A Boutique Hotel
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - BGEO Group Plc ::UNIT M 2 REAL ESTATE ACQUIRED 50% STAKE FROM A THIRD-PARTY IN AN UPCOMING LIFESTYLE BOUTIQUE HOTEL IN TBILISI FOR US$4.1 MILLION​.‍M 2 HAS AN OPTION TO INCREASE ITS SHAREHOLDING TO 60% STAKE BY INJECTING US$1.9 MILLION INTO HOTEL'S CAPITAL​.  Full Article

UPDATE 1-Georgia Capital opts to keep majority stake in healthcare unit

Aug 23 Investment firm Georgia Capital Plc has dropped plans to reduce its 57 percent stake in Georgia Healthcare Group Plc, saying it expected strong growth from the business and had already fully funded other investment plans.