Bank of Georgia Group (BGEO)

Sector:

Banking

Index:

FTSE 250

4,235.00p
   
  • Change Today:
      95.00p
  • 52 Week High: 5,420.00
  • 52 Week Low: 2,650.00
  • Currency: UK Pounds
  • Shares Issued: 45.26m
  • Volume: 17,509
  • Market Cap: £1,916.69m
  • RiskGrade: 206

Bank of Georgia gets green light for Ameriabank acquisition

By Josh White

Date: Tuesday 02 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.
The FTSE 250 company's shareholders approved the proposed acquisition through an ordinary resolution on 14 March.

Following the shareholder approval, the firm said it had has received regulatory clearance from the National Bank of Georgia.

With that green light, it was now poised to advance towards completion, pending the necessary regulatory approvals in Armenia.

The board and management confirmed on Tuesday that the Armenian Competition Protection Commission and the Central Bank of Armenia has granted unconditional approval.

At 0829 BST, shares in Bank of Georgia Group were up 0.99% at 5,100p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BGEO Market Data

Currency UK Pounds
Share Price 4,235.00p
Change Today 95.00p
% Change 2.29 %
52 Week High 5,420.00
52 Week Low 2,650.00
Volume 17,509
Shares Issued 45.26m
Market Cap £1,916.69m
RiskGrade 206

BGEO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.35% above the market average81.35% above the market average81.35% above the market average81.35% above the market average81.35% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Price Trend
86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Income
71.25% above the market average71.25% above the market average71.25% above the market average71.25% above the market average71.25% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Growth
77.43% above the market average77.43% above the market average77.43% above the market average77.43% above the market average77.43% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BGEO Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Jul-24 05-Oct-23
Paid 19-Jul-24 27-Oct-23
Amount 147.34p 91.59p

Trades for 20-May-2024

Time Volume / Share Price
10:45 34 @ 4,235.00p
10:45 22 @ 4,235.00p
10:45 38 @ 4,235.00p
10:45 39 @ 4,235.00p
10:45 35 @ 4,235.00p

BGEO Key Personnel

CEO Archil Gachechiladze

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