25 January 06:51
GEB 50 | 0.00 % BANK 0.014 | -17.65 % MEHBB 8 | 3.23 % GIGB 2.1 | 5.00 %

Bank of Georgia JSC

On August 26, 2021, BGEO group JSC (#405103034) (further - "shareholder") represented by its deputy CEO Sulkhan Gvalia (Power of attorney issued on 06.05.2021 by Archil Gachechiladze, CEO of JSC "BGEO Group", certified by notary I. Sharvadze, registration # 210440536) made several decisions on the topics below. As the "shareholder" owns more than 75% of the ordinary shares of Bank Of Georgia JSC - GEB (I/N: 204378869) (further - "company") and consequently, more than 75% of the votes, in accordance with Article 54.1of the Law of Georgia on Entrepenuers and Article 7.1.2 of the charter of Bank Of Georgia JSC , above mentioned decisions equal to the decisions made on the general meeting of shareholders.

Agenda:

1. Dividend Confrmation

Confirmation of the joint proposal of the Supervisory Board and the Board of Directors on the distribution of GEL 70 498 799 (seventy million four hundred ninety-eight thousand seven hundred ninety-nine) from the profit of the first half of 2021 and distribution of GEL 2.5193 for each ordinary share of Bank Of Georgia JSC.

2.Dividend record date

Dividend record date to be defined as September 10, 2021, 18:00.

3. Dividend payment date

Dividend payment date to be defined as September 25, 2021.