Transaction in Own Shares

RNS Number : 6609X

Bank of Georgia Group PLC

30 August 2022

 

London, 30 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 30 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:	30 August 2022
Number of Shares purchased:	20,000 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:	2025.0000p
Lowest price paid per Share:	1944.0000p
Average market price paid per share:	2010.8329p

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 48,662,939 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:  30 August 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2010.8329p	20,000

Number of shares purchased	Transaction price (per share)	Time of transaction
68	1944	08:11:57
75	1978	08:20:43
435	1978	08:20:43
12	1978	08:20:43
63	1978	08:20:43
75	1978	08:20:43
180	1990	08:22:16
126	1990	08:22:16
50	1998	08:27:27
527	2000	08:28:16
422	2000	08:29:35
116	2000	08:29:35
191	2005	08:46:36
451	2010	08:51:01
517	2005	08:55:52
284	2020	09:12:41
215	2020	09:12:41
22	2020	09:12:41
445	2015	09:12:41
22	2015	09:12:41
56	2015	09:25:02
143	2015	09:25:02
68	2015	09:25:02
75	2015	09:25:02
193	2015	09:25:02
265	2015	09:25:02
7	2015	09:25:02
107	2015	09:25:02
70	2015	09:25:02
461	2010	09:27:10
105	2010	10:13:41
16	2010	10:13:41
10	2010	10:13:41
342	2020	10:26:39
216	2020	10:35:39
252	2020	10:35:39
450	2015	10:49:29
520	2015	10:49:29
97	2025	11:32:03
435	2025	11:32:03
544	2020	11:32:03
48	2015	11:48:54
438	2015	11:48:54
9	2010	11:58:58
536	2010	11:58:58
104	2015	12:44:37
205	2015	12:44:37
9	2015	13:02:23
436	2015	13:02:23
534	2015	13:02:23
5	2015	13:17:23
459	2015	13:37:03
473	2015	13:37:03
531	2010	13:45:30
380	2010	14:25:30
258	2010	14:25:30
280	2010	14:25:30
129	2010	14:25:30
76	2010	14:25:30
51	2010	14:25:30
12	2010	14:25:30
463	2010	14:30:18
523	2005	14:52:00
370	2005	15:05:41
97	2005	15:05:41
186	2005	15:05:41
75	2005	15:05:41
75	2005	15:05:41
75	2005	15:05:41
55	2005	15:05:41
3	2005	15:05:41
189	2005	15:05:41
90	2005	15:05:41
167	2010	15:29:43
9	2010	15:29:43
228	2010	15:29:43
134	2015	15:34:38
45	2015	15:34:38
284	2015	15:34:38
98	2015	15:34:38
130	2015	15:34:38
32	2015	15:34:38
59	2015	15:34:38
54	2015	15:34:38
45	2015	15:34:38
300	2015	15:34:38
246	2010	15:41:22
300	2010	15:41:23
26	2015	15:56:35
35	2015	15:56:35
200	2015	15:56:35
284	2015	15:56:35
53	2015	15:56:35
58	2015	15:56:35
53	2020	16:15:41
225	2020	16:15:41
253	2020	16:15:41
7	2020	16:15:41
7	2020	16:15:41
150	2020	16:15:41
34	2020	16:15:41
18	2020	16:15:41
396	2015	16:22:16
99	2015	16:22:16
69	2015	16:22:16

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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