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BGEO Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

3,650.00GBp
23 Apr 2018
Change (% chg)

26.00 (+0.72%)
Prev Close
3,624.00
Open
3,558.00
Day's High
3,676.00
Day's Low
3,558.00
Volume
51,979
Avg. Vol
74,585
52-wk High
3,884.00
52-wk Low
3,193.00

Latest Key Developments (Source: Significant Developments)

‍Bgeo Group Says Real Estate Subsidiary Acquires Land Plot In Telavi For Hotel Development​
Tuesday, 3 Apr 2018 02:01am EDT 

April 3 (Reuters) - BGEO Group PLC ::‍BGEO GROUP'S REAL ESTATE SUBSIDIARY ACQUIRES LAND PLOT IN TELAVI FOR HOTEL DEVELOPMENT​.‍UNIT ACQUIRED AN 8,512 SQUARE METRE LAND PLOT IN TELAVI, KAKHETI FOR A TOTAL CASH CONSIDERATION OF US$1.5 MILLION​.  Full Article

BGEO Says ‍JSC Georgia Capital Priced Inaugural $300 Mln Offering
Tuesday, 6 Mar 2018 02:04am EST 

March 6 (Reuters) - Bgeo Group Plc ::‍JSC GEORGIA CAPITAL SUCCESSFULLY PRICED AN INAUGURAL US$ 300 MILLION OFFERING OF 6.125% NOTES DUE MARCH 2024​.‍NOTES ARE DENOMINATED IN US DOLLARS AND ARE EXPECTED TO SETTLE ON 9 MARCH 2018.​.  Full Article

BGEO Group Appoints New CEO Of Global Beer Georgia
Thursday, 1 Mar 2018 02:01am EST 

March 1 (Reuters) - Bgeo Group Plc ::BGEO APPOINTS A NEW CEO OF GLOBAL BEER GEORGIA.HAS APPOINTED ZDENEK RADIL AS CHIEF EXECUTIVE OFFICER OF GLOBAL BEER GEORGIA LLC.  Full Article

BGEO Group Says Group Revenue In 2017 Increased By 23.7%
Friday, 16 Feb 2018 02:09am EST 

Feb 16 (Reuters) - BGEO Group Plc ::$18.3MLN WAS RETURNED TO SHAREHOLDERS DURING 4Q17 ($39.1MLN RETURNED IN 2017).AS OF 31 DECEMBER 2017, LOANS AND FINANCE LEASE RECEIVABLES GROWTH ON A CONSTANT CURRENCY BASIS WAS 17.4%.AS OF 31 DECEMBER 2017, CLIENT DEPOSITS AND NOTES GROWTH ON A CONSTANT CURRENCY BASIS WAS 24.8% AND 4.7% ON Y-O-Y AND Q-O-Q BASIS, RESPECTIVELY.COMMON EQUITY TIER 1 RATIO 8.1%, EXPECTED TO INCREASE TO 9.5% ON 31 DECEMBER 2018.IN Q4 OF 2017, GROUP DELIVERED ANOTHER EXTREMELY STRONG PERFORMANCE THAT RESULTED IN RECORD PROFIT FOR YEAR OF GEL 463 MILLION.GROUP REVENUE IN 2017 INCREASED BY 23.7% YEAR-ON-YEAR TO GEL 1.1 BILLION.  Full Article

Georgia's BGEO Says JSC Georgia Capital Considers Potential Issuance Of A Eurobond
Thursday, 15 Feb 2018 03:20am EST 

Feb 15 (Reuters) - BGEO Group Plc ::JSC GEORGIA CAPITAL, HAS MANDATED A NUMBER OF INVESTMENT BANKS TO CONSIDER POTENTIAL ISSUANCE OF A EUROBOND.  Full Article

BGEO Says Board Has Approved Implementation Of Demerger
Monday, 12 Feb 2018 02:00am EST 

Feb 12 (Reuters) - Bgeo Group Plc ::UPDATE ON PROPOSED DEMERGER.‍BOARD HAS NOW APPROVED IMPLEMENTATION OF DEMERGER, SUBJECT TO SHAREHOLDER APPROVAL​.‍"BELIEVE A DEMERGER OF BUSINESSES WILL DELIVER ADDITIONAL LONG-TERM VALUE TO SHAREHOLDERS"​.‍DEMERGER WILL BE SUBJECT TO SHAREHOLDER APPROVAL AT A GENERAL MEETING WHICH IS EXPECTED TO BE HELD IN APRIL 2018​.‍DEMERGER IS EXPECTED TO COMPLETE BEFORE END OF JUNE 2018​.‍FOLLOWING DEMERGER, BANK OF GEORGIA AND GEORGIA CAPITAL WILL BE TWO INDEPENDENT ENTITIES, WITH NO OVERLAPPING MANAGEMENT OR DIRECTORS​.BOARD DECIDED TO INCREASE STAKE THAT GEORGIA CAPITAL WILL HAVE IN BANK OF GEORGIA TO 19.9% FROM PREVIOUSLY ANNOUNCED 9.9%​.  Full Article

BGEO Group Says Georgia Capital Acquires Craft Beer Producer, Black Lion LLC
Thursday, 8 Feb 2018 02:00am EST 

Feb 8 (Reuters) - BGEO Group Plc ::‍GEORGIA CAPITAL ACQUIRES CRAFT BEER PRODUCER​.‍JSC GEORGIA CAPITAL, HAS ACQUIRED A 100% EQUITY STAKE IN A LEADING GEORGIAN CRAFT BEER PRODUCER, BLACK LION LLC​.  Full Article

BGEO Names Investment Business As Georgia Capital
Friday, 12 Jan 2018 02:00am EST 

Jan 12 (Reuters) - Bgeo Group Plc ::BGEO GROUP PLC - BGEO GROUP ANNOUNCES A NEW NAME FOR ITS INVESTMENT BUSINESS.BGEO GROUP PLC - BOARD APPROVED RENAMING OF GROUP'S INVESTMENT BUSINESS TO GEORGIA CAPITAL.BGEO GROUP PLC - GROUP EXPECTS TO RETIRE ITS CURRENT HOLDING COMPANY NAME OF BGEO GROUP.BGEO GROUP PLC - GEORGIA CAPITAL'S MANAGEMENT AND STAFF WILL RELOCATE TO A NEW HEAD OFFICE BY END OF FEBRUARY 2018.  Full Article

BGEO Says BOG Draws Remaining Tranche Of A Facility​
Monday, 8 Jan 2018 02:00am EST 

Jan 8 (Reuters) - Bgeo Group Plc ::‍BOG DRAWS REMAINING TRANCHE OF EBRD'S GEL FACILITY​.  Full Article

BGEO Group Says Unit M2 Acquires Controlling Stake In A Boutique Hotel
Tuesday, 2 Jan 2018 02:00am EST 

Jan 2 (Reuters) - BGEO Group Plc ::UNIT M 2 REAL ESTATE ACQUIRED 50% STAKE FROM A THIRD-PARTY IN AN UPCOMING LIFESTYLE BOUTIQUE HOTEL IN TBILISI FOR US$4.1 MILLION​.‍M 2 HAS AN OPTION TO INCREASE ITS SHAREHOLDING TO 60% STAKE BY INJECTING US$1.9 MILLION INTO HOTEL'S CAPITAL​.  Full Article

BRIEF-Roman Pipia Says Sues BGEO Group

* LEGAL PROCEEDINGS ISSUED IN HIGH COURT OF JUSTICE OF ENGLAND AND WALES ON BEHALF OF ROMAN PIPIA HAVE BEEN SERVED ON BGEO GROUP PLC