The board of directors of Bank of Georgia Group PLC (“the Company”) has today declared an interim dividend of Georgian Lari 2.44 per ordinary share in respect of the period ended 30 June 2018, payable to ordinary shareholders of the Company on the register of members at the close of business on 20 July 2018, in British Pounds Sterling, pursuant to the following timetable:
Ex-Dividend Date: 19 July 2018
Record Date: 20 July 2018
Currency Conversion Date: 20 July 2018 Payment Date: 31 July 2018
The National Bank of Georgia Georgian Lari/British Pounds Sterling average exchange rate for the period 16 to 20 July 2018 will be used as the exchange rate on the Currency Conversion Date.
This decision is in accordance with previous announcements that the Company would recommend a payment of a dividend in an aggregate amount of approximately GEL 120 million following the recently completed demerger.
Those shareholders who have not provided their appropriate bank account details to Computershare Investor Services PLC for payment of the dividend will be paid the dividend by cheque in British Pounds Sterling.
