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28 February 2012
28/02/2012 The London Stock Exchange welcomes Bank of Georgia Holdings plc to the Main Market

Today Bank of Georgia Holdings plc (BGH) opened the London Markets in a market open ceremony at the London Stock Exchange (LSE).

On 28 February 2012, BGH was admitted to trading on the premium segment of the Official List of the UK Listing Authority and to trading on the Main Market of the LSE. BGH became the UK- incorporated holding company of the Bank of Georgia group following the successful completion of the tender offer made to Bank of Georgia’s shareholders. The high level of participation in the tender offer reflects strong support from the bank’s shareholders for the move to the premium listing which is aimed at enhancing and broadening its shareholder base.

Bank of Georgia is the leading bank in Georgia, based on total assets (with a 36% market share),offering a broad range of corporate, retail banking, wealth management, and insurance services. With its GDRs listed on the LSE since 2006, Bank of Georgia has an established culture of transparency and adherence to robust corporate governance.

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“With a premium listing on the LSE, BGH will offer shareholders greater transparency combined with exposure to the fast growing and well regulated Georgian financial services market. We offer investors an opportunity to diversify their holdings and benefit from an emerging market with a proven record of sustainable growth”, commented Irakli Gilauri, CEO of Bank of Georgia.

ING Bank N.V., London Branch, acted as sole financial adviser, sponsor and broker to BGH in connection with the listing. The Bank of New York Mellon acted as Exchange Agent and DFKing Worldwide acted as Information Agent for the GDRs. JSC BG Capital acted as Georgian Exchange Agent for the bank shares.

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