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, +44 (0)20 7954 9567

 

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

+995 322 444 144

+44 203 178 4034

+995 322 444 108

+995 322 444 444 (7515)

agachechiladze@bog.ge

moliver@bgeo.com

sgvalia@bog.ge

ir@bog.ge

 


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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