Transaction in Own Shares

RNS Number : 5213U

Bank of Georgia Group PLC

01 August 2022

 

London, 1 August 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 1 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:	1 August 2022
Number of Shares purchased:	16,500 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:	1550.0000p
Lowest price paid per Share:	1534.0000p
Average market price paid per share:	1542.8240p

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 48,928,834 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:  1 August 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1542.8240p	16,500

Number of shares purchased	Transaction price (per share)	Time of transaction
204	1546	09:12:41
613	1546	09:12:41
300	1546	09:12:41
150	1546	09:12:41
292	1550	09:45:31
400	1550	09:45:31
315	1550	09:45:31
294	1550	09:45:31
176	1544	09:45:33
100	1544	09:45:33
314	1548	10:05:28
140	1550	10:15:23
203	1550	10:15:23
178	1550	10:39:40
13	1550	11:06:35
131	1550	11:06:35
311	1550	11:11:26
355	1550	11:11:32
188	1544	11:43:53
99	1544	11:43:53
63	1542	12:15:19
243	1542	12:15:19
81	1542	12:15:19
353	1542	12:16:22
11	1538	12:18:16
148	1538	12:18:18
158	1538	12:22:28
186	1538	12:47:12
126	1538	12:47:12
20	1538	12:47:54
113	1538	12:47:57
162	1538	13:09:48
161	1538	13:13:23
345	1540	13:45:11
306	1540	13:45:11
335	1538	13:45:34
73	1540	13:53:34
212	1540	13:53:34
11	1540	13:53:34
318	1540	14:01:56
340	1540	14:26:34
87	1540	14:26:34
105	1540	14:30:10
109	1540	14:30:10
357	1540	14:30:10
356	1540	14:31:03
109	1538	14:32:50
222	1538	14:32:50
327	1536	14:37:34
18	1536	14:37:34
300	1534	14:38:24
217	1536	14:46:25
95	1536	14:46:25
318	1544	15:01:43
27	1546	15:03:45
208	1548	15:03:47
110	1548	15:03:47
430	1548	15:04:47
145	1548	15:04:47
13	1548	15:04:47
108	1546	15:15:09
178	1546	15:15:09
324	1546	15:15:09
13	1544	15:26:03
145	1544	15:26:03
28	1544	15:26:03
113	1544	15:26:03
68	1542	15:27:42
75	1542	15:27:42
75	1542	15:27:42
131	1542	15:27:42
320	1540	15:30:41
56	1538	15:42:41
43	1538	15:42:41
62	1538	15:42:41
340	1540	15:46:15
3	1542	15:51:16
291	1542	15:51:16
139	1542	15:53:16
75	1542	15:53:16
75	1542	15:53:16
60	1542	15:53:16
150	1542	15:58:16
147	1542	15:58:16
325	1540	15:59:52
343	1536	16:08:54
76	1542	16:16:36
3	1542	16:16:36
9	1542	16:16:36
96	1542	16:16:36
104	1542	16:16:36
319	1538	16:18:58
112	1540	16:21:53

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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