Transaction in Own Shares

RNS Number : 0834W

Bank of Georgia Group PLC

15 August 2022

 

London, 15 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 15 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:	15 August 2022
Number of Shares purchased:	12,929 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:	1814.0000p
Lowest price paid per Share:	1796.0000p
Average market price paid per share:	1806.8876p

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 48,830,354 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:  15 August 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1806.8876p	12,929

Number of shares purchased	Transaction price (per share)	Time of transaction
106	1804	08:51:22
237	1804	08:51:22
353	1802	08:58:16
374	1800	08:59:04
375	1796	09:20:25
320	1804	09:30:01
38	1804	09:30:01
390	1802	09:44:31
59	1800	10:15:16
49	1800	10:15:18
24	1800	10:15:18
195	1800	10:15:18
25	1800	10:15:18
39	1800	10:15:18
354	1804	10:30:45
207	1802	10:49:13
148	1802	10:49:13
85	1810	11:27:08
114	1810	11:27:08
1308	1812	12:08:47
40	1814	12:08:47
136	1814	12:08:47
47	1814	12:08:47
1092	1814	12:08:47
42	1800	12:33:37
274	1800	12:33:37
343	1802	12:48:54
131	1802	12:52:25
224	1802	12:52:25
28	1802	13:20:50
4	1802	13:29:38
179	1802	13:38:44
148	1802	13:39:10
324	1802	13:39:10
74	1802	13:52:58
161	1810	14:03:07
155	1810	14:03:07
349	1810	14:03:07
164	1810	14:16:49
138	1814	14:28:03
4	1814	14:29:26
271	1814	14:29:26
366	1814	14:29:26
331	1812	14:33:26
130	1810	14:37:02
279	1810	14:37:02
36	1808	14:43:55
340	1808	14:43:55
378	1806	14:43:55
287	1804	14:59:26
39	1804	14:59:26
98	1804	15:02:47
100	1804	15:02:47
100	1804	15:02:47
45	1804	15:02:47
10	1802	15:07:56
90	1802	15:07:56
218	1802	15:07:56
21	1802	15:13:48
49	1804	15:15:27
209	1804	15:26:42
62	1804	15:26:42
23	1810	15:32:56
13	1810	15:32:56
28	1812	15:33:36
25	1812	15:33:36
140	1812	15:33:55
46	1812	15:33:55
32	1814	16:12:22
67	1814	16:15:37
239	1814	16:15:37

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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