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BGEO Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

3,752.00GBp
17 Jan 2018
Change (% chg)

-4.00 (-0.11%)
Prev Close
3,756.00
Open
3,754.00
Day's High
3,782.00
Day's Low
3,730.00
Volume
30,744
Avg. Vol
61,933
52-wk High
3,884.00
52-wk Low
2,755.00

Latest Key Developments (Source: Significant Developments)

BGEO Names Investment Business As Georgia Capital
Friday, 12 Jan 2018 

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 

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

BGEO Group Says Regulator Sets New Tariffs For Water Utility Business
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - BGEO GROUP PLC ::SAYS GEORGIAN NATIONAL ENERGY AND WATER SUPPLY REGULATORY COMMISSION HAS APPROVED NEW TARIFFS FOR WATER SUPPLY AND SANITATION (WSS) SERVICES​.‍TARIFFS HAVE BEEN UPDATED ACCORDING TO NEW METHODOLOGY ADOPTED BY GNERC IN AUGUST 2017​.RETURN ON INVESTMENT, REFERRED TO AS WACC IN METHODOLOGY, FOR FIRST REGULATORY PERIOD, DEFINED AS THREE YEARS IN METHODOLOGY, IS SET AT 15.99% (UP FROM 13.54% IN 2017​.  Full Article

BGEO Group Says Unit M2 Acquires Controlling Stake In A Boutique Hotel
Tuesday, 2 Jan 2018 

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

BGEO Says Real Estate Subsidiary Awarded A Construction Contract
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - BGEO Group Plc ::BGEO GROUP - M2 REAL ESTATE AWARDED MAJOR CONSTRUCTION CONTRACT.BGEO GROUP - M 2 HAS BEEN AWARDED CONTRACT TO CONSTRUCT SHELL AND CORE OF A NEW SHOPPING MALL AND BUSINESS CENTRE LOCATED IN TBILISI'S SABURTALO DISTRICT​.BGEO GROUP - ‍CONSTRUCTION ARM PLANS TO CARRY OUT CONSTRUCTION WORKS OVER SIXTEEN MONTHS FOLLOWING PLANNED PROJECT COMMENCEMENT IN JANUARY 2018​.‍TOTAL VALUE OF CONTRACT, WHICH COVERS CONSTRUCTION MANAGEMENT SERVICES AND PROJECT COSTS, IS $11.6 MILLION​.  Full Article

BGEO Says Commenced Construction Of Bodorna Hydro Power Plant Near Bodorna Reservoir
Friday, 15 Dec 2017 

Dec 15 (Reuters) - BGEO Group Plc ::COMMENCED CONSTRUCTION OF BODORNA HYDRO POWER PLANT NEAR BODORNA RESERVOIR.  Full Article

Bgeo Group's real estate subsidiary signs franchise agreement
Friday, 8 Dec 2017 

Dec 8 (Reuters) - BGEO GROUP PLC ::SAYS ITS REAL ESTATE SUBSIDIARY, M 2 REAL ESTATE, HAS SIGNED ITS LARGEST EVER FRANCHISE AGREEMENT AS PART OF ITS "ASSET LIGHT" STRATEGY​.‍M 2 WILL CONSTRUCT AND DEVELOP RESIDENTIAL COMPLEX UNDER M 2 BRAND NAME ON A THIRD-PARTY LAND PLOT LOCATED ON TBILISI AIRPORT HIGHWAY ​.  Full Article

BGEO Group says Q3 revenue up 22.6 pct​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - BGEO GROUP PLC ::‍GROUP DELIVERED DURING Q3 REVENUE OF GEL 330.4 MILLION, UP 22.6%​.Q3 ‍PROFIT BEFORE TAX AND NON-RECURRING ITEMS TOTALED GEL 125.3 MILLION​.‍BOOK VALUE PER SHARE AT END OF QUARTER WAS GEL 62.99, UP 12.4% YEAR-ON-YEAR​.‍RETURNS IN BOTH BANKING BUSINESS AND INVESTMENT BUSINESSES CONTINUE TO BE HIGH​.  Full Article

JSC Bank Of Georgia prices gel 500 million offering of 11 pct notes
Thursday, 25 May 2017 

May 25 (Reuters) - Bgeo Group Plc :BGEO Group Plc's banking business subsidiary, JSC Bank Of Georgia successfully priced an inaugural gel 500 million offering of 11 pct notes due June 2020 ( notes).  Full Article

Georgia's BGEO buys loan portfolio from JSC ProCredit Bank
Tuesday, 13 Dec 2016 

BGEO Group Plc : JSC Bank Of Georgia purchases a micro and small business loan portfolio from JSC ProCredit Bank .Transaction will add c.2,400 micro and small business clients and a net value of c.GEL 120 million loans to BOG's retail banking loan portfolio.  Full Article

BRIEF-BGEO Names Investment Business As Georgia Capital

* BGEO GROUP PLC - BGEO GROUP ANNOUNCES A NEW NAME FOR ITS INVESTMENT BUSINESS