Transaction in Own Shares

RNS Number : 0363T

Bank of Georgia Group PLC

19 July 2022

 

London, 19 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 19 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:	19 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:	1438.0000p
Lowest price paid per Share:	1402.0000p
Average market price paid per share:	1431.3181p

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 49,071,653 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:  19 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1431.3181p	17,000

Number of shares purchased	Transaction price (per share)	Time of transaction
200	1402	08:37:14
63	1402	08:37:14
248	1402	08:37:14
63	1402	08:37:14
41	1402	08:37:14
169	1402	08:37:14
100	1418	08:55:32
115	1418	08:55:32
34	1420	09:30:25
163	1420	09:30:25
200	1420	09:30:25
198	1422	09:40:00
222	1422	09:40:00
184	1420	09:53:00
16	1420	09:53:00
141	1420	09:53:00
96	1420	09:53:00
200	1416	09:55:07
200	1426	10:36:29
200	1426	10:36:29
141	1426	10:36:29
74	1426	10:36:29
200	1426	10:36:29
22	1426	10:36:29
471	1430	10:48:06
175	1430	10:48:56
6	1430	10:48:56
200	1432	10:54:07
144	1432	10:59:07
78	1432	10:59:07
226	1430	10:59:13
62	1434	11:16:00
139	1434	11:16:00
215	1434	11:25:07
268	1434	11:25:07
70	1434	11:25:07
138	1434	11:25:07
462	1436	12:16:07
200	1434	12:23:21
93	1434	12:25:40
97	1434	12:25:40
204	1432	12:27:14
192	1430	12:41:14
202	1428	12:41:14
229	1430	12:41:14
161	1428	13:21:36
94	1428	13:21:36
239	1428	13:21:36
86	1428	13:21:36
600	1432	14:00:17
107	1432	14:00:17
2	1436	14:28:31
590	1436	14:28:31
9	1436	14:28:42
405	1436	14:28:42
40	1434	14:30:02
111	1434	14:30:02
100	1434	14:30:02
85	1432	14:32:54
107	1432	14:32:54
203	1436	14:43:31
184	1436	14:43:31
858	1438	14:43:31
221	1434	14:47:48
1	1434	14:59:14
186	1434	14:59:14
187	1434	14:59:14
211	1434	14:59:14
216	1438	15:01:58
539	1438	15:03:56
1	1436	15:14:09
709	1438	15:15:34
199	1438	15:21:56
296	1436	15:23:24
212	1434	15:24:02
195	1432	15:33:02
100	1434	15:38:25
97	1434	15:38:25
3	1434	15:41:25
100	1434	15:41:44
89	1434	15:41:44
774	1438	15:52:42
203	1438	16:01:42
83	1438	16:05:36
52	1438	16:05:36
75	1438	16:05:36
203	1438	16:08:36
292	1438	16:12:53
148	1436	16:15:54
192	1438	16:17:53
128	1438	16:19:53
146	1438	16:22:53

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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