Transaction in Own Shares

RNS Number : 1563U

Bank of Georgia Group PLC

28 July 2022

 

London, 28 July 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 28 July 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:	28 July 2022
Number of Shares purchased:	17,000 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:	1450.0000p
Lowest price paid per Share:	1432.0000p
Average market price paid per share:	1437.6833p

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 48,961,334 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:  28 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1437.6833p	17,000

Number of shares purchased	Transaction price (per share)	Time of transaction
303	1440	08:26:04
31	1440	08:26:04
344	1438	08:26:04
75	1438	08:31:00
150	1438	08:31:00
93	1438	08:31:00
199	1450	09:00:01
90	1450	09:00:01
331	1446	09:00:14
288	1442	09:00:19
22	1444	09:00:19
156	1440	09:05:38
41	1438	09:37:43
291	1442	09:52:22
69	1440	09:52:22
226	1440	09:52:22
2	1438	10:05:28
150	1438	10:05:28
75	1438	10:05:28
75	1438	10:05:28
75	1438	10:05:28
16	1438	10:05:28
200	1438	10:11:18
75	1438	10:11:18
14	1438	10:11:18
667	1440	10:39:03
234	1438	10:39:30
342	1438	10:53:50
374	1436	10:56:03
25	1434	10:59:10
265	1434	10:59:10
343	1432	11:51:12
55	1434	12:07:31
44	1434	12:07:31
151	1434	12:07:31
147	1434	12:07:38
8	1434	12:07:38
304	1434	12:20:45
289	1434	12:20:45
200	1434	12:20:45
337	1440	12:48:58
323	1438	12:59:13
312	1436	13:02:00
39	1434	13:09:44
255	1434	13:09:44
200	1434	13:11:44
106	1434	13:11:44
90	1434	13:30:11
248	1434	13:30:11
43	1436	13:59:33
295	1436	13:59:33
290	1434	14:06:55
226	1434	14:06:55
64	1434	14:06:55
117	1438	14:23:18
155	1438	14:23:18
147	1438	14:23:18
172	1438	14:23:18
432	1438	14:23:18
309	1438	14:39:58
191	1438	14:41:58
53	1438	14:41:58
305	1438	14:41:58
31	1438	14:41:58
47	1436	14:47:17
75	1436	14:47:17
75	1436	14:47:17
47	1436	14:47:17
47	1436	14:47:17
326	1436	15:01:02
110	1436	15:04:14
75	1436	15:04:14
75	1436	15:04:14
42	1436	15:04:14
108	1436	15:04:14
1	1436	15:04:14
239	1436	15:08:35
301	1436	15:09:18
339	1436	15:22:24
2	1436	15:22:24
113	1438	15:32:19
50	1438	15:32:19
177	1438	15:32:19
11	1436	15:32:19
189	1436	15:32:19
55	1436	15:32:20
92	1436	15:32:32
500	1438	15:40:58
139	1438	15:40:58
773	1440	15:52:26
2	1440	16:03:18
4	1440	16:03:18
430	1440	16:03:18
109	1440	16:03:18
200	1438	16:07:46
4	1438	16:07:46
36	1438	16:07:46
65	1438	16:07:46
103	1438	16:12:46
220	1438	16:12:46
196	1440	16:17:02
44	1440	16:17:02

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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