Cancellation of own shares

Bank of Georgia Group PLC
22 July 2024
 

 

London, 22 July 2024

 

Bank of Georgia Group PLC announces cancellation of shares under the buyback programme

 

Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that the Company has cancelled 157,963 treasury shares bought back under the GEL 100 million share buyback and cancellation programme which was announced on 15 March 2024 as an extension of the GEL 62 million share buyback and cancellation programme announced on 17 August 2023 (the "Buyback Programme").

 

The Company has completed the GEL 162 million Buyback Programme. Since the launch of the Buyback Programme the Company has purchased 1,087,740 ordinary shares. All the treasury shares purchased in the Buyback Programme have now been cancelled.

 

In accordance with Listing Rule 12.6.4, the Group discloses the following information:

 

Date of cancellation

22 July 2024

Number of ordinary shares held in treasury cancelled

157,963

Total number of ordinary shares held in treasury following the cancellation.

 

0

Total number of voting rights in issue following the cancellation.

 

(This figure may 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, the Company under the FCA's Disclosure Guidance and Transparency Rules).

44,826,983

 

 

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

               

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary

 

About Bank of Georgia Group PLC

Bank of Georgia Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.

 

Legal Entity Identifier: 213800XKDG12NQG8VC53

 

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

 

Michael Oliver

Nini Arshakuni

Adviser to the CEO

Head of Investor Relations

+44 203 178 4034

+995 322 444 444 (7515)

moliver@bgeo.com

ir@bgeo.com

 


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

 

 

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