Transaction in Own Shares - Correction

RNS Number : 5060W

Bank of Georgia Group PLC

18 August 2022

 

London, 18 August 2022

Bank of Georgia Group PLC announces transaction in own shares

The following announcement replaces the 'Transaction in Own Shares' announcement released 17 August 2022 at 17:20 under RNS Number 3835W. The number of shares purchased has been corrected from 18,00 shares to 18,000 shares. All other details remain unchanged.

The corrected announcement is set out in full below.

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 17 August 2022, Numis Securities Limited ("Numis") purchased on behalf of the Company the number of ordinary shares of £0.01 each on the London Stock Exchange as set out in the table below (the "Repurchased Shares") pursuant to the share buyback and cancellation programme which was announced on 30 June 2022 (the "Buyback Programme").

Date of purchase:	17 August 2022
Number of Shares purchased:	18,000 Shares
The purchase price represents the volume weighted average price paid by Numis in sourcing the Shares, with the highest and lowest price paid by Numis being:
Highest price paid per Share:	1974.0000p
Lowest price paid per Share:	1944.0000p
Average market price paid per share:	1961.2769p

Application will be made later this month for the Repurchased Shares to be cancelled pending which the shares will be held in Treasury. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 48,808,134 which 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.

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

The schedule below contains detailed information about the purchase(s) made by Numis Securities Limited on behalf of the Company 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.

Schedule of Purchases

Shares purchased:  Bank of Georgia Group PLC (ISIN CODE: GB00BF4HYT85)

Date of purchase:  17 August 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1961.2769p	18,000

Number of shares purchased	Transaction price (per share)	Time of transaction
378	1948	08:24:11
121	1948	08:24:11
314	1948	08:32:51
311	1958	08:39:27
71	1958	08:40:29
463	1958	08:40:29
319	1946	09:12:26
293	1958	09:44:21
50	1958	09:44:21
343	1956	09:44:31
347	1968	10:22:11
295	1968	10:22:11
409	1974	10:37:13
424	1974	10:37:13
322	1974	10:37:15
3	1970	10:44:28
389	1970	10:44:28
319	1968	10:58:37
300	1970	11:01:27
354	1970	11:16:59
328	1968	11:25:51
1148	1974	12:05:37
304	1974	12:09:07
119	1972	12:09:07
318	1974	12:12:54
192	1968	12:14:25
94	1968	12:14:25
226	1960	12:20:17
100	1960	12:20:17
7	1960	12:20:17
93	1952	12:33:37
312	1964	13:06:59
313	1962	13:07:06
28	1962	13:07:06
305	1956	13:26:02
131	1952	13:30:14
212	1952	13:30:14
410	1956	13:39:29
283	1956	13:54:04
56	1956	13:54:04
292	1956	14:02:32
289	1944	14:07:29
344	1944	14:29:42
320	1950	14:52:17
180	1950	14:52:17
125	1950	14:52:17
175	1950	14:52:17
179	1950	14:52:17
293	1950	14:52:17
65	1950	14:52:17
119	1950	14:52:17
339	1956	15:02:39
200	1958	15:10:23
67	1958	15:10:23
85	1958	15:10:23
59	1958	15:16:59
284	1958	15:16:59
293	1958	15:19:59
15	1958	15:19:59
325	1956	15:19:59
333	1960	15:33:42
316	1964	15:37:42
7	1964	15:42:42
50	1964	15:42:42
151	1964	15:42:42
350	1960	15:45:13
464	1962	15:45:13
23	1962	16:03:49
129	1962	16:03:49
280	1964	16:08:56
12	1964	16:08:56
59	1964	16:09:09
9	1964	16:09:19
18	1964	16:09:20
5	1964	16:09:20
309	1962	16:10:04
308	1970	16:18:10
325	1970	16:19:50

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Link Company Matters Limited, [phone]

Name of authorised official of issuer responsible for making notification: Link Company Matters Limited, Company Secretary

About Bank of Georgia Group PLC

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" and on the LSE: BGEO LN) is a UK incorporated holding company. The Group mainly comprises: a) retail banking and payment business (Retail Banking); and b) corporate banking and investment banking operations (Corporate and Investment Banking) in Georgia.  JSC Bank of Georgia ("Bank of Georgia", "BOG", or the "Bank"), a systematically important and leading universal bank in Georgia, is the core entity of the Group. The Bank is a leader in the payments business and financial mobile application, with strong retail and corporate banking franchises. In line with our digital strategy, the Group focuses on expanding technological and advanced data analytics capabilities to offer more personalised solutions and seamless experiences to our customers. Employee empowerment, customer satisfaction, and data-driven decision-making, together with the strength of the banking franchise, are key enablers of the Group's sustainable value creation. By building on its competitive strengths and uncovering more opportunities, the Group is committed to delivering strong profitability sustainably and maximising shareholder value. The Group expects to benefit from the growth of the Georgian economy, and through both its Retail Banking and Corporate and Investment Banking operations, it aims to deliver on its strategy and its key medium-term objectives  ̶ at least 20% return on average equity (ROAE) and c.10% growth of its loan book.

JSC Bank of Georgia has, as of the date hereof, the following credit ratings:
Fitch Ratings	'BB-/B'
Moody's	'Ba2/NP'

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

Archil Gachechiladze	Michael Oliver	Sulkhan Gvalia	Nini Arshakuni
CEO	Adviser to the CEO	CFO	Head of Investor Relations
[phone]	[phone]	[phone]	[phone] (7515)
[e-mail]	[e-mail]	[e-mail]	[e-mail]

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This 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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