Georgia's Economic Outlook 2020
STRONG INSTITUTIONAL INVESTORS SUPPORT
BANK OF GEORGIA
GROUP PLC
14
TOP SHAREHOLDERS
As of 31 March 2020
SHAREHOLDER STRUCTURE
As of 31 March 2020
Rank Shareholder name
Ownership
1
JSC Georgia Capital*
19.90%
2
Harding Loevner LP
4.85%
3
JP Morgan Asset Management (UK) Ltd
4.08%
2%
3%
4
Dimensional Fund Advisors (DFA) LP
2.96%
30%
29%
5
Van Eck Global
2.92%
6
Vanguard Group Inc
2.69%
4%
7
Norges Bank Investment Management
2.65%
6%
Unvested and unawarded shares
for management and employees
Vested shares held by
management and employees
■ US
■UK/Ireland
Scandinavia
■Luxembourg
26%
8
GLG Partners LP
2.54%
Other**
9
Jupiter Asset Management
2.43%
10 Grandeur Peak Global Advisors LLC
2.35%
* JSC Georgia Capital will exercise its voting rights at the Group's general meetings in
accordance with the votes cast by all other Group Shareholders, as long as JSC Georgia
Capital's percentage holding in Bank of Georgia Group PLC is greater than 9.9%
** Includes 19.9% shareholding of JSC Georgia CapitalView entire presentation