Transaction in Own Shares

RNS Number : 2428S

Bank of Georgia Group PLC

12 July 2022

 

London, 12 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 12 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:	12 July 2022
Number of Shares purchased:	16,083 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:	1408.0000p
Lowest price paid per Share:	1378.0000p
Average market price paid per share:	1389.4778p

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 49,138,345 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:  12 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1389.4778p	16,083

Number of shares purchased	Transaction price (per share)	Time of transaction
220	1382	08:26:07
100	1380	08:26:07
99	1380	08:26:07
219	1384	08:27:25
228	1382	08:29:52
200	1382	08:29:52
100	1382	08:34:04
102	1382	08:34:04
181	1378	08:36:58
114	1380	08:43:16
69	1380	08:43:16
208	1384	08:55:46
216	1382	08:57:01
12	1386	09:09:32
183	1386	09:09:42
1	1384	09:12:05
179	1384	09:12:05
179	1382	09:14:43
200	1384	09:14:43
25	1380	09:29:17
219	1388	09:41:29
232	1388	09:41:29
197	1388	09:46:43
217	1386	09:49:12
100	1386	09:49:12
85	1386	09:49:12
197	1382	09:59:04
197	1378	10:03:58
180	1378	10:11:58
178	1382	10:28:12
195	1384	10:29:22
12	1386	10:40:02
8	1386	10:40:02
140	1386	10:40:02
14	1386	10:40:02
10	1386	10:40:02
183	1384	10:42:01
200	1384	10:48:42
200	1384	10:51:48
217	1388	11:12:06
81	1392	11:26:03
1	1392	11:26:03
19	1392	11:26:03
2	1392	11:26:03
2	1392	11:26:03
200	1392	11:26:03
189	1392	11:26:03
99	1392	11:31:03
2	1392	11:31:03
100	1392	11:34:03
80	1392	11:34:03
200	1392	11:41:02
189	1390	11:46:49
210	1388	11:47:46
188	1380	11:53:23
3	1388	12:20:42
3	1388	12:20:42
10	1388	12:20:42
3	1388	12:20:42
14	1388	12:20:42
269	1390	12:30:02
126	1388	12:30:08
56	1388	12:30:08
222	1386	12:30:31
187	1384	12:36:21
218	1380	12:42:11
145	1380	12:49:44
40	1380	12:49:44
200	1382	12:49:44
180	1378	13:07:59
209	1378	13:07:59
192	1378	13:19:20
1	1384	13:32:48
189	1386	13:36:25
195	1386	13:36:25
1	1388	13:46:34
200	1388	13:47:34
93	1386	13:48:12
55	1386	13:48:12
53	1386	13:48:12
200	1392	14:07:42
14	1394	14:07:42
200	1392	14:12:06
82	1390	14:16:40
72	1390	14:16:40
200	1392	14:16:40
63	1392	14:16:40
123	1392	14:32:02
25	1392	14:32:02
104	1390	14:34:27
11	1396	14:38:26
200	1396	14:38:26
100	1394	14:39:21
87	1394	14:39:21
188	1396	14:45:19
100	1396	14:45:19
102	1396	14:45:19
212	1394	14:52:19
183	1396	14:58:42
7	1396	14:58:42
141	1392	14:59:46
46	1392	14:59:46
188	1392	14:59:46
100	1396	15:08:58
90	1396	15:08:58
6	1400	15:12:43
100	1400	15:14:43
96	1400	15:14:43
11	1400	15:16:22
16	1400	15:16:22
16	1400	15:16:27
168	1400	15:19:47
32	1400	15:19:47
155	1400	15:19:47
200	1400	15:20:02
6	1400	15:20:02
67	1400	15:22:02
41	1400	15:29:11
100	1400	15:29:11
62	1400	15:29:11
1	1400	15:33:45
197	1400	15:44:12
177	1400	15:44:12
25	1400	15:44:12
188	1400	15:44:12
89	1400	15:52:42
28	1404	15:55:23
1	1404	15:57:05
183	1404	15:59:54
210	1404	16:00:53
98	1406	16:08:43
112	1406	16:08:43
46	1408	16:14:54
148	1408	16:14:54
39	1408	16:14:54
73	1408	16:15:53
187	1408	16:18:50
125	1408	16:20:08

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]

---

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

 

END

 

 

POSFLFLDDLIFLIF