Lion Finance Group PLC

AGM Information • May 25, 2021

National Storage Mechanism | Additional information

RNS Number : 7696Z

Bank of Georgia Group PLC

25 May 2021

London, 25 May 2021

Bank of Georgia Group PLC - Result of AGM

The Board of Directors of Bank of Georgia Group PLC (the "Company") announces the results of voting on the resolutions put to shareholders at its Annual General Meeting (the "AGM") held today, 25 May 2021. Details of the resolutions are set out in full in the Notice of AGM dated 16 April 2021.

Voting at the AGM was completed by way of a poll. All resolutions were passed by the required majority.

Resolutions 1 to 15 (inclusive) were passed as ordinary resolutions and resolutions 16 to 18 (inclusive) were passed as special resolutions.

The results of the poll for each resolution were as follows:

RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC* VOTED	VOTES WITHHELD
1 To receive and approve the Annual Report and Accounts for the year ended 31 December 2020	29,108,239	99.99	3,381	0.01	29,111,620	59.21	377,927
2 To receive and approve the Directors' Remuneration Report for the year ended 31 December 2020	27,799,795	95.74	1,235,986	4.26	29,035,781	59.05	453,766
3 To re-appoint Neil Janin, as a Non-Executive Director**	28,685,992	98.45	453,099	1.55	29,139,091	59.26	350,456
4 To re-appoint Alasdair Breach, as a Non- Executive Director**	29,038,344	98.47	450,642	1.53	29,488,986	59.97	561
5 To re-appoint Archil Gachechiladze, as an Executive Director	29,488,961	100.00	25	0.00	29,488,986	59.97	561
6 To re-appoint Tamaz Georgadze, as a Non-Executive Director**	29,160,546	98.89	328,440	1.11	29,488,986	59.97	561
7 To re-appoint Hanna Loikkanen as a Non-Executive Director **	28,244,969	95.78	1,243,447	4.22	29,488,416	59.97	1,131
8 To re-appoint Veronique McCarroll, as a Non-Executive Director**	29,168,818	98.91	320,168	1.09	29,488,986	59.97	561
9 To appoint Mariam Megvinetukhutsesi, as a Non-Executive Director**	29,489,036	100.00	0	0.00	29,489,036	59.97	511
10 To re-appoint Jonathan Muir, as a Non-Executive Director**	29,168,818	98.91	320,168	1.09	29,488,986	59.97	561
11 To re-appoint Cecil Quillen, as a Non-Executive Director**	29,160,001	98.88	328,985	1.12	29,488,986	59.97	561
12 To re-appoint Ernst & Young LLP as Auditor to the Company	29,003,333	98.35	486,211	1.65	29,489,544	59.98	3
13 To authorise the Audit Committee to set the remuneration of the Auditor	29,331,273	99.46	158,273	0.54	29,489,546	59.98	1
14 To authorise political donations and political expenditure.	28,494,885	96.63	994,662	3.37	29,489,547	59.98	0
15 To authorise the Board to allot shares	28,486,820	96.60	1,002,727	3.40	29,489,547	59.98	0
16 To authorise the disapplication of pre-emption rights	27,753,832	94.12	1,735,170	5.88	29,489,002	59.97	545
17 To authorise the disapplication of pre-emption rights for the purposes of acquisitions or capital investments	26,270,141	89.08	3,218,860	10.92	29,489,001	59.97	546
18 To authorise the Company to purchase its own shares	28,979,462	98.35	487,074	1.65	29,466,536	59.93	23,011

*Issued share capital

**Independent Director

Notes:

1.     As at the date of the AGM, the Company had 49,169,428 ordinary shares in issue. The Company did not hold any shares in treasury and therefore the number of total voting rights as at the date of the AGM was 49,169,428. In accordance with the Company's Articles of Association and subject to the Listing Rules, on a poll every member who is present in person or by proxy has one vote for every share held.

2.     The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

3.     Note that a "vote withheld" is not a vote in law and such votes have not been included in the calculation of votes "for" and "against" each resolution.  Proxy appointments which gave discretion to the Chairman have been included in the "for" total above.

In accordance with Listing Rule 9.6.2, copies of the resolutions which constitute special business at the AGM (being resolutions 14 to 18) will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.  

A copy of this announcement has been posted on the Company's website www.bankofgeorgiagroup.com.

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 banking, wealth management and investment banking operations in Georgia; and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the systemically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in payments business and financial mobile application, with the strong retail and corporate banking franchise in Georgia. With a continued focus on increasing digitalisation and expanding technological and data analytics capabilities, the Group aims to offer more personalised solutions and seamless experiences to its customers to enable them to achieve more of their potential. The Group aims to benefit from growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking services targets to deliver on its strategy, which is based on at least 20% ROAE and c.15% growth of its loan book in the medium-term. 

JSC Bank of Georgia has, as of the date hereof, the following credit ratings:
Fitch Ratings	'BB-/B'
Moody's	'Ba2/NP'

For further information, please visit www.bankofgeorgiagroup.com or contact:

Archil Gachechiladze	Michael Oliver	Sulkhan Gvalia	Natia Kalandarishvili
CEO	Adviser to the CEO	CFO	Head of Investor Relations
+995 322 444 144	+44 203 178 4034	+995 322 444 108	+995 322 444 444 (9282)
agachechiladze@bog.ge	moliver@bgeo.com	sgvalia@bog.ge	ir@bog.ge

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