Bank of Georgia Group PLC Change to Committee Membership (8368D)
June 28 2019 - 6:06AM
UK Regulatory
TIDMBGEO
RNS Number : 8368D
Bank of Georgia Group PLC
28 June 2019
London, 28 June 2019
Bank of Georgia Group PLC announces Committee Changes
Bank of Georgia Group PLC (the "Company") announces that
effective from today's date Archil Gachechiladze, Executive
Director, has stepped down as a member of the Risk Committee of the
Board of Directors of the Company.
Three Non-Executive Directors will continue to serve as
Committee members.
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 the 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 c.15% 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:
Archil Gachechiladze Michael Oliver Sulkhan Gvalia Natia Kalandarishvili
CEO Adviser to the CFO Head of Investor
CEO Relations
+995 322 444 444
+995 322 444 144 +44 203 178 4034 +995 322 444 108 (9282)
agachechiladze@bog.ge moliver@bgeo.com sgvalia@bog.ge ir@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
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END
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