4th Dec 2018 13:52
London, 4 December 2018
Directors' Announcement under Listing Rule 9.6.11(3)
The Group announces that Mr Jonathan Muir will step down as a member of the Risk Committee with effect from 31 December 2018. Mr Muir's other roles and responsibilities on the Board remain unchanged.
This announcement has been made in accordance with the requirements of Listing Rule 9.6.11.
Name of authorised official of issuer responsible for making notification:
Link Company Matters Limited - Company Secretary
About Bank of Georgia Group PLC
Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services, b) corporate investment banking and wealth management operations and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the leading universal bank in Georgia, is the core entity of the Group. The Group targets to benefit from superior growth of Georgian economy through both its retail banking and corporate investment banking services and aims to deliver on its strategy, which is based on at least 20% ROAE and 15%-20% growth of its loan book.
JSC Bank of Georgia has, as of the date hereof, the following credit ratings: | |
|
|
Fitch Ratings | 'BB-/B' |
Moody's | 'Ba3/NP' (FC) & 'Ba2/NP' (LC) |
For further information, please visit www.bankofgeorgiagroup.com or contact:
Kaha Kiknavelidze | Michael Oliver | David Tsiklauri | Natia Kalandarishvili |
Group CEO | Adviser to the CEO | Group CFO | Head of Investor Relations |
+995 322 444 126 | +44 203 178 4034 | +995 322 444 108 | +995 322 444 444 (9282) |
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
Related Shares:
Bank Of Georgia Group