Tag Archives: BGEO Group

Bank of Georgia Group Plc on Monday posted an 18.8 percent rise in first-quarter profit, driven by its banking and investment businesses, on the back of strong macroeconomic performance and business outlook in Georgia. Bank of Georgia Group Plc is the new parent company of BGEO Group Plc, it said …

British Life Asset Management Standard Life Aberdeen has acquired 5% share of BGEO GROUP. The British company owns about 2 million worth shares of BGEO in FTSE 250, which is 5% of shares (39.4 million) held by Holding. The agreement was announced on November 13. Last week, the banking and …

The BGEO Group is preparing for Investor Day. The leading business group of the country will hold a meeting with investors and analysts on November 9. Members of the BGEO board and executive management team will introduce Group results and demerger update, macroeconomic overview, banking strategy, investment business strategy, Utility and …

Two stock exchanges of London and Shanghai are being discussed for IPO of shares of “Georgian Oil and Gas Corporation” and “Georgian Railway”. Minister of Finance has announced about that and excludes acquisition of the shares by one investor, because the shares will be placed in an open manner “We …

BGEO Group PLC (the “Group” or “BGEO”), announces a key Group management appointment and key management appointments and a refreshed business unit structure at JSC Bank of Georgia (“BoG” or the “Bank”). Archil Gachechiladze will be appointed CEO of Georgia Global Utilities (“GGU”), the utilities and energy business of the …

BGEO Group will directed attracted $350 million from the bond placement in the development of investment projects. Irakli Gilauri, general director of the Group declares, that the sum will be directed in the subsidiary companies, including development of energy projects. “It is important, that it is a long-term capital issued …

Price was dropped on BGEO Group (BGEO LN) shares in London in the previous week. BGEO Group (BGEO LN) shares closed at GBP 24.50/share (-2.08% w/w and -2.00% m/m). According to Galt & Taggart, More than 453k shares traded in the range of GBP 23.11 – 26.79/share. Average daily traded volume …

BGEO Group has purchased 75% of Georrgian Global Utilities. As a result, it became 100% share holder of the company. According to the published information by the company, the transaction value made up 287 million GEL. GGU is the owner of “GWP“. “BGEO Group purchased 25% of the company’s share …

BGEO Group (BGEO LN) shares were successfully traded at London Stock Exchange in the previous week. According to Galt & Taggart, the trade was closed at GBP 20.21/share (+3.11% w/w and +4.72% m/m). More than 450k shares traded in the range of GBP 18.24 – 20.21/share. Average daily traded volume …