Bank of Georgia

Cavendish is delighted to have acted as Sole Sponsor to FTSE 250 company, Bank of Georgia plc (“BOGG”; mkt cap:c.£2.3bn) on its c.US$304m acquisition of Ameriabank CJSC, a leading universal bank in Armenia, significantly enhancing BOGG’s presence and growth opportunities within a fast-growing and attractive market.

Matthew Lewis, Head of Main Market Broking at Cavendish commented:

“We are delighted to have been able to support BOGG on this significant milestone transaction, ahead of a new chapter in their strategic development.”