Bgeo Group PLC Notice of Results (0480X)
February 16 2017 - 2:14AM
UK Regulatory
TIDMBGEO
RNS Number : 0480X
Bgeo Group PLC
16 February 2017
London, 16 February 2017
BGEO Group PLC notice of 4Q 2016 and twelve months ended 31
December 2016 Results
BGEO Group PLC ("BGEO" or the "Group") will publish its
financial results for the 4(th) quarter and twelve months ended 31
December 2016 at 07:00 London time on Monday, 20 February 2017. The
results announcement will be available on BGEO Group's website at
www.bgeo.com. An investor/analyst conference call, organized by
BGEO Group, will be held on, 20 February 2017, at 14:00 UK / 15:00
CET / 09:00 U.S Eastern Time. The duration of the call will be 60
minutes and will consist of a 15-minute update and a 45-minute
Q&A session.
Dial-in numbers: 30-Day replay:
Pass code for replays/Conference Pass code for replays
ID: 71520584 / Conference ID: 71520584
International Dial-in: International Dial in:
+44 (0) 2071 928000 +44 (0)1452550000
UK: 08445718892 UK National Dial In: 08717000145
US: 16315107495 UK Local Dial In: 08443386600
Austria: 019286559 USA Free Call Dial In:
Belgium: 024009874 1 (866) 247-4222
Czech Republic: 228881424
Denmark: 32728042
Finland: 0942450806
France: 0176700794
Germany: 030221531802
Hungary: 0614088064
Ireland: 014319615
Italy: 0687502026
Luxembourg: 27860515
Netherlands: 0207143545
Norway: 23960264
Spain: 914146280
Sweden: 0850692180
Switzerland: 0315800059
Name of authorised official of issuer responsible for making
notification: Ekaterina Shavgulidze, Head of Investor Relations and
Funding.
About BGEO Group PLC
The Group: BGEO Group PLC ("BGEO" or the "Group" - LSE: BGEO LN)
is a UK incorporated holding company of a Georgia-focused
investment platform. BGEO invests in the banking and non-banking
sectors in Georgia (BGEO and its subsidiaries, the "Group"). BGEO
aims to deliver on a 4x20 strategy: at least 20% ROAE and at least
20% growth of retail loan book in Banking Business, and at least
20% IRR and up to 20% of the Group's profit from Investment
Business.
Banking Business: Our Banking Business comprises at least 80% of
the Group's profit and consists of Retail Banking, Corporate
Banking and Investment Management businesses at its core and other
banking businesses such as P&C Insurance, Leasing, Payment
Services and Banking operations in Belarus ("BNB"). The Group
strives to benefit from the underpenetrated banking sector in
Georgia especially through its Retail Banking services. JSC Bank of
Georgia ("BOG" or the "Bank") is the main entity in the Group's
Banking Business.
Investment Business: Our Investment Business comprises up to 20%
of the Group's profit and consists of Georgia Healthcare Group
(Healthcare Business) - an LSE (London Stock Exchange PLC) premium
listed company, m2 Real Estate (Real Estate Business), Georgia
Global Utilities (Utility Business or GGU) and Teliani Valley
(Beverage Business). Georgia's fast-growing economy provides
opportunities in a number of underdeveloped markets and the Group
is well positioned to capture growth opportunities in the Georgian
corporate sector.
JSC BGEO Group has, as Bank of Georgia has, as
of the date hereof, the of the date hereof, the
following credit ratings: following credit ratings:
Fitch Ratings 'BB-/B' Fitch Ratings 'BB-/B'
Moody's B1/NP (FC) Moody's 'B1/NP' (FC)
& B1/NP (LC) & 'Ba3/NP'
(LC)
For further information, please visit www.bgeo.com or
contact:
Irakli Gilauri Michael Oliver Ekaterina (Eka)
Shavgulidze
Group CEO Adviser to the Head of Investor
CEO Relations
+995 322 444
+995 322 444 109 +44 203 178 4034 205
igilauri@bog.ge moliver@bog.ge eshavgulidze@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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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