BGEO Group announces Transaction in Own Shares

RNS Number : 3009I

Bgeo Group PLC

16 June 2017

 

            London, 16 June 2017

BGEO Group announces Transaction in Own Shares

BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 15 June 2017, Numis Securities Limited purchased on behalf of BGEO the number of BGEO ordinary shares of £0.01 each on the London Stock Exchange as set out in the table below (the Repurchased Shares) pursuant to the BGEO share buyback and cancellation programme which commenced on 10 March 2017 (the Buyback Programme).

Date of purchase:	15 June 2017
Number of ordinary shares repurchased:	17,000
Highest price paid per ordinary share:	£35.28
Lowest price paid per ordinary share:	£34.61
Volume-weighted average price paid per ordinary share:	£34.95

Application will be made for the Repurchased Shares to be cancelled immediately. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 39,422,320 which may immediately be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, BGEO under the FCA's Disclosure Guidance and Transparency Rules. BGEO Group PLC holds no shares in treasury.   

BGEO will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of BGEO as part of the Buyback Programme. 

Both aggregate data in respect of the Repurchased Shares as well as the individual purchases are set out below.

Aggregate information:

Issuer name and ISIN:	BGEO Group PLC (ISIN: GB00B759CR16)
Date of purchases:	15 June 2017
Number of ordinary shares purchased: Volume weighted average price (pence):	17,000 3495

Individual transactions:

Number of shares purchased	Transaction price (per share)	Time of transaction	Platform
11	3528	15:05:59	JPMX
79	3527	15:07:24	XLON
87	3525	16:22:24	XLON
79	3524	15:06:37	XLON
100	3524	16:20:59	XLON
11	3524	16:20:59	XLON
120	3523	15:04:32	JPMX
100	3523	15:08:19	XLON
11	3523	15:08:19	XLON
41	3523	16:21:34	XLON
38	3523	16:21:34	XLON
26	3523	16:21:59	XLON
54	3523	16:21:59	XLON
87	3523	16:22:27	XLON
79	3523	16:24:26	XLON
100	3523	16:25:35	XLON
11	3523	16:25:35	XLON
8	3523	16:29:55	XLON
38	3522	16:23:44	XLON
48	3522	16:23:44	XLON
1	3522	16:23:44	XLON
47	3522	16:24:11	XLON
34	3522	16:24:11	XLON
6	3522	16:24:11	XLON
95	3522	16:25:05	XLON
22	3522	16:29:55	BATE
53	3521	15:03:21	JPMX
12	3521	15:08:12	BATE
74	3521	16:23:19	XLON
5	3521	16:23:19	XLON
42	3521	16:26:43	XLON
77	3521	16:26:43	XLON
111	3521	16:28:16	JPMX
14	3521	16:28:50	JPMX
40	3521	16:28:50	XLON
49	3521	16:28:50	XLON
2	3521	16:29:22	XLON
74	3521	16:29:22	XLON
19	3521	16:29:22	XLON
8	3521	16:29:55	BATE
10	3520.5	16:25:00	JPMX
58	3520	16:25:54	XLON
30	3520	16:25:54	XLON
23	3520	16:25:54	XLON
10	3519	15:04:06	JPMX
83	3519	16:26:53	XLON
102	3519	16:26:53	XLON
33	3519	16:29:28	XLON
20	3519	16:29:31	XLON
34	3519	16:29:31	XLON
95	3518	15:08:53	XLON
42	3517	16:19:02	XLON
37	3517	16:19:02	XLON
87	3517	16:20:00	XLON
52	3517	16:20:28	XLON
40	3517	16:20:28	XLON
3	3517	16:20:28	XLON
28	3516	16:15:59	XLON
14	3515	16:16:26	JPMX
83	3515	16:19:16	XLON
9	3515	16:19:16	XLON
108	3514	15:09:19	JPMX
11	3514	15:09:34	JPMX
51	3514	16:12:09	XLON
28	3514	16:12:09	XLON
34	3514	16:12:39	XLON
53	3514	16:12:39	XLON
35	3514	16:13:11	XLON
52	3514	16:13:11	XLON
24	3514	16:13:11	XLON
25	3514	16:16:26	XLON
8	3514	16:16:26	XLON
62	3514	16:16:26	XLON
4	3514	16:19:21	XLON
42	3513	16:18:33	XLON
45	3513	16:18:33	XLON
95	3512	16:13:22	XLON
57	3512	16:14:27	XLON
62	3512	16:14:27	XLON
51	3512	16:15:10	XLON
42	3512	16:15:10	XLON
26	3512	16:15:10	XLON
45	3512	16:15:53	XLON
66	3512	16:15:53	XLON
42	3512	16:17:27	XLON
60	3512	16:17:27	XLON
1	3512	16:17:27	XLON
42	3512	16:18:06	XLON
37	3512	16:18:06	XLON
16	3511.75	15:00:34	JPMX
174	3511	15:10:52	XLON
45	3511	16:08:31	XLON
50	3511	16:08:31	XLON
23	3511	16:17:13	JPMX
12	3510.5	16:17:38	JPMX
1	3510	15:12:25	XLON
79	3510	15:13:17	XLON
47	3510	16:05:59	XLON
64	3510	16:05:59	XLON
49	3510	16:06:46	XLON
38	3510	16:06:46	XLON
42	3510	16:09:09	XLON
34	3510	16:09:09	XLON
3	3510	16:09:09	XLON
42	3510	16:09:41	XLON
49	3510	16:09:41	XLON
4	3510	16:09:41	XLON
11	3510	16:09:45	JPMX
42	3510	16:10:59	XLON
52	3510	16:10:59	XLON
49	3510	16:10:59	XLON
15	3510	16:10:59	XLON
11	3509.5	15:19:38	JPMX
10	3509	15:10:55	XLON
103	3509	15:10:55	XLON
26	3509	15:10:55	XLON
42	3509	16:07:53	XLON
50	3509	16:07:53	XLON
23	3508.5	16:10:33	JPMX
87	3508	15:13:21	XLON
87	3508	15:20:10	XLON
80	3508	15:21:58	XLON
20	3508	15:23:47	XLON
52	3508	15:23:47	XLON
39	3508	15:23:47	XLON
53	3508	16:05:24	XLON
29	3508	16:05:24	XLON
113	3507.5	15:00:59	JPMX
88	3507	15:13:21	XLON
23	3507	15:13:21	XLON
39	3507	16:09:58	XLON
56	3507	16:09:58	XLON
10	3506	15:20:46	JPMX
111	3506	15:22:06	JPMX
27	3505	15:17:39	XLON
42	3505	15:17:39	XLON
31	3505	15:17:39	XLON
12	3505	15:24:39	JPMX
17	3504.5	16:07:13	JPMX
58	3504.25	16:07:13	JPMX
79	3504	15:24:51	XLON
3	3504	15:24:51	XLON
79	3504	16:01:13	XLON
79	3504	16:04:12	XLON
87	3502.5	16:04:38	JPMX
63	3502	15:14:34	XLON
98	3502	15:15:59	XLON
45	3502	16:03:37	XLON
34	3502	16:03:37	XLON
15	3501.5	15:14:34	JPMX
11	3501.5	15:15:59	JPMX
80	3501	15:00:16	TRQX
45	3501	16:01:48	XLON
34	3501	16:01:48	XLON
11	3501	16:03:04	JPMX
99	3500	15:25:59	XLON
31	3500	15:25:59	XLON
28	3500	15:27:39	XLON
99	3500	15:27:39	XLON
20	3500	15:27:39	XLON
61	3500	15:27:39	XLON
80	3500	15:29:19	XLON
9	3500	15:29:19	CHIX
34	3500	15:29:19	XLON
42	3500	15:29:19	XLON
48	3500	15:29:19	XLON
79	3500	16:02:23	XLON
21	3500	16:02:57	XLON
58	3500	16:02:57	XLON
10	3499.5	15:27:39	JPMX
105	3499	15:16:29	BATE
100	3499	15:25:30	XLON
29	3499	15:25:30	XLON
10	3498.5	16:00:46	JPMX
4	3498	15:25:27	CHIX
48	3498	15:25:27	CHIX
3	3498	15:25:27	CHIX
95	3498	15:29:41	XLON
79	3497	16:00:33	XLON
87	3496	15:30:00	XLON
79	3496	15:59:58	XLON
10	3494	14:59:35	JPMX
79	3493	15:59:23	XLON
71	3490	15:30:59	XLON
63	3490	15:30:59	XLON
7	3490	15:33:38	TRQX
55	3490	15:33:38	XLON
8	3490	15:33:38	BATE
25	3490	15:33:38	XLON
46	3490	15:33:38	XLON
11	3490	15:33:38	CHIX
46	3490	15:34:19	XLON
61	3490	15:34:19	XLON
48	3490	15:34:19	XLON
23	3490	15:34:19	XLON
13	3489.5	15:30:59	JPMX
11	3489.5	15:34:19	JPMX
119	3489	14:59:19	TRQX
40	3489	15:36:58	XLON
42	3489	15:36:58	XLON
62	3489	15:36:58	XLON
17	3488.5	15:36:58	JPMX
3	3488	15:35:30	XLON
12	3488	15:35:30	XLON
67	3488	15:35:30	XLON
18	3488	15:35:30	XLON
85	3487	14:57:46	XLON
37	3487	15:37:54	XLON
70	3487	15:37:54	XLON
48	3487	15:39:19	XLON
73	3487	15:39:19	XLON
28	3487	15:39:19	XLON
81	3487	15:58:13	JPMX
69	3487	15:58:48	JPMX
10	3487	15:58:48	XLON
71	3485.5	14:01:25	JPMX
10	3485.5	14:01:25	JPMX
11	3485.5	14:57:26	JPMX
1	3485	15:37:54	XLON
12	3485	15:37:54	XLON
8	3485	15:37:54	XLON
97	3485	15:37:54	XLON
14	3485	15:40:01	XLON
95	3485	15:40:01	XLON
36	3484.75	14:02:49	JPMX
42	3484	13:50:39	XLON
37	3484	13:50:39	TRQX
42	3484	13:54:11	XLON
84	3484	13:55:44	XLON
68	3484	14:03:30	JPMX
25	3484	14:04:45	JPMX
29	3484	14:05:10	JPMX
11	3483.5	14:06:25	JPMX
10	3483.5	14:06:25	JPMX
52	3483.5	14:08:05	JPMX
50	3483	14:54:00	TRQX
29	3483	14:54:01	XLON
81	3483	15:57:10	JPMX
33	3482.75	14:06:50	JPMX
23	3482.25	14:52:44	JPMX
10	3482	13:54:06	JPMX
9	3482	14:06:50	XLON
73	3482	14:06:50	XLON
100	3482	14:55:59	XLON
11	3482	14:55:59	XLON
38	3481.5	14:54:19	JPMX
10	3481.5	14:54:34	JPMX
58	3481	13:56:25	XLON
53	3481	13:56:25	XLON
11	3481	13:59:30	JPMX
25	3481	14:00:09	JPMX
87	3481	15:49:38	JPMX
56	3480.5	14:52:43	JPMX
13	3480.5	14:55:45	JPMX
11	3480	13:47:26	JPMX
10	3480	13:49:29	JPMX
12	3479.5	15:55:59	JPMX
13	3479.5	15:55:59	JPMX
47	3479	13:36:25	JPMX
32	3479	13:36:25	XLON
10	3479	14:30:46	JPMX
79	3479	15:42:00	JPMX
129	3479	15:42:39	JPMX
87	3479	15:49:45	XLON
69	3478.75	14:49:19	JPMX
23	3478.75	14:49:19	JPMX
98	3478.5	14:49:19	JPMX
12	3478.5	14:50:59	JPMX
22	3478.5	14:50:59	JPMX
77	3478.5	14:50:59	JPMX
11	3478.5	15:42:00	JPMX
36	3478	14:50:59	JPMX
10	3478	14:50:59	JPMX
56	3478	14:52:23	JPMX
20	3478	14:52:39	JPMX
13	3477.5	14:09:45	JPMX
64	3477.5	14:33:35	JPMX
26	3477.5	14:34:02	JPMX
10	3477	13:31:05	JPMX
79	3477	14:26:52	XLON
7	3477	14:26:52	XLON
91	3477	14:33:12	TRQX
12	3477	14:33:12	TRQX
79	3477	14:34:02	XLON
45	3477	14:36:52	JPMX
12	3477	14:36:52	JPMX
82	3477	15:43:48	XLON
17	3477	15:45:59	JPMX
42	3477	15:45:59	XLON
68	3477	15:45:59	XLON
37	3477	15:54:19	XLON
56	3477	15:54:19	XLON
34	3477	15:54:19	XLON
50	3477	15:54:19	XLON
5	3477	15:54:19	XLON
36	3476.75	14:10:10	JPMX
110	3476.5	14:35:43	JPMX
51	3476.5	14:36:53	JPMX
12	3476.5	15:45:59	JPMX
82	3476.5	15:49:53	JPMX
42	3476	14:30:12	XLON
45	3476	14:30:12	XLON
90	3476	14:37:12	XLON
58	3476	15:50:59	JPMX
54	3476	15:50:59	XLON
85	3475.75	14:38:32	JPMX
19	3475.5	13:39:24	JPMX
10	3475.5	13:39:27	JPMX
48	3475.5	14:14:45	JPMX
33	3475.5	14:38:32	JPMX
98	3475.5	14:47:39	JPMX
92	3475.25	15:53:17	JPMX
10	3475	13:40:46	JPMX
87	3475	14:26:55	XLON
10	3475	14:29:31	JPMX
103	3475	14:37:12	TRQX
121	3475	15:44:35	XLON
70	3475	15:47:01	CHIX
28	3475	15:47:01	CHIX
87	3475	15:47:39	JPMX
80	3475	15:53:16	XLON
12	3474.5	14:18:31	JPMX
17	3474.5	14:18:31	JPMX
66	3474.5	14:18:31	JPMX
87	3474.5	14:20:12	JPMX
74	3474.5	14:21:52	JPMX
103	3474.5	14:45:58	JPMX
12	3474.5	15:47:39	JPMX
10	3474	13:27:26	JPMX
16	3474	13:29:24	JPMX
37	3474	13:33:05	JPMX
16	3474	13:34:45	JPMX
10	3474	13:34:45	JPMX
15	3474	13:34:45	JPMX
53	3474	14:16:26	JPMX
56	3474	14:18:06	JPMX
17	3474	14:18:31	JPMX
65	3474	14:20:12	JPMX
85	3474	14:28:42	XLON
116	3474	14:40:12	JPMX
114	3474	14:41:52	JPMX
113	3474	14:43:32	JPMX
96	3474	14:47:03	JPMX
102	3474	15:52:05	XLON
53	3473.5	13:31:34	JPMX
6	3473.5	13:31:34	JPMX
103	3473	14:20:43	CHIX
84	3473	14:23:02	XLON
11	3473	14:23:02	XLON
111	3473	14:46:43	XLON
11	3472.5	14:25:12	JPMX
12	3472.5	14:25:12	JPMX
47	3472	14:11:25	JPMX
65	3472	14:23:32	JPMX
48	3471	14:13:05	JPMX
46	3469	13:30:02	XLON
24	3469	13:30:02	XLON
12	3469	13:30:02	XLON
87	3466	13:17:18	JPMX
10	3463.5	13:22:45	JPMX
19	3463.5	13:24:24	JPMX
83	3463	13:20:19	CHIX
119	3462	13:14:46	JPMX
76	3461	13:21:25	XLON
19	3461	13:21:25	XLON
10	3460.5	13:20:46	JPMX

Name of authorised official of issuer responsible for making notification:

Kate Bennett Rea, Group Company Secretary

About BGEO Group PLC

The Group: BGEO Group PLC ("BGEO" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company of a Georgia-focused investment platform. BGEO invests in the banking and non-banking sectors in Georgia (BGEO and its subsidiaries, the "Group"). BGEO aims to deliver on a 4x20 strategy: at least 20% ROAE and at least 20% growth of retail loan book in Banking Business, and at least 20% IRR and up to 20% of the Group's profit from Investment Business.

Banking Business: Our Banking Business comprises at least 80% of the Group's profit and consists of Retail Banking, Corporate Banking and Investment Management businesses at its core and other banking businesses such as P&C Insurance, Leasing, Payment Services and Banking operations in Belarus ("BNB"). The Group strives to benefit from the underpenetrated banking sector in Georgia especially through its Retail Banking services. JSC Bank of Georgia ("BOG" or the "Bank") is the main entity in the Group's Banking Business.

Investment Business: Our Investment Business comprises up to 20% of the Group's profit and consists of Georgia Healthcare Group (Healthcare Business) - an LSE (London Stock Exchange PLC) premium listed company, m2 Real Estate (Real Estate Business), Georgia Global Utilities (Utility Business or GGU) and Teliani Valley (Beverage Business). Georgia's fast-growing economy provides opportunities in a number of underdeveloped markets and the Group is well positioned to capture growth opportunities in the Georgian corporate sector.

JSC BGEO Group has, as of the date hereof, the following credit ratings:		Bank of Georgia has, as of the date hereof, the following credit ratings:
Fitch Ratings	'BB-/B'	Fitch Ratings	'BB-/B'
Moody's	B1/NP (FC) & B1/NP (LC)	Moody's	'B1/NP' (FC) & 'Ba3/NP' (LC)

For further information, please visit www.bgeo.com or contact: 

Irakli Gilauri	Michael Oliver	Giorgi Alpaidze
Group CEO	Adviser to the CEO	Head of Investor Relations
[phone]	[phone]	[phone] (ext. 3979)
[e-mail]	[e-mail]	[e-mail]

This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities

 

END

 

 

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