Transaction in Own Shares

RNS Number : 7041A

Bank of Georgia Group PLC

26 September 2022

 

London, 26 September 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 26 September 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:	26 September 2022
Number of Shares purchased:	25,397 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:	2075.0000p
Lowest price paid per Share:	1970.0000p
Average market price paid per share:	2039.1677p

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 48,255,585 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:  26 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2039.1677p	25,397

Number of shares purchased	Transaction price (per share)	Time of transaction
631	2065	08:45:27
694	2060	08:45:27
304	2055	08:48:18
250	2055	08:48:18
137	2055	08:48:18
176	2040	09:01:00
84	2040	09:01:15
250	2040	09:02:07
76	2040	09:02:07
691	2010	09:11:06
72	1982	09:20:15
484	1982	09:20:15
500	1970	09:34:17
98	1970	09:34:17
204	1972	09:34:17
202	1972	09:34:17
40	1972	09:34:17
212	1972	09:34:17
112	2005	09:58:46
250	2005	09:58:46
221	2005	09:58:46
121	2005	10:17:27
512	2005	10:17:27
635	2005	10:17:27
14	2005	10:17:27
560	2000	10:42:02
52	2005	11:01:37
24	2005	11:01:37
14	2005	11:01:37
500	2005	11:01:37
73	2005	11:01:37
199	2000	11:11:08
250	2000	11:11:08
152	2000	11:11:08
195	2020	12:02:33
121	2020	12:02:33
100	2020	12:02:33
152	2020	12:03:00
173	2020	12:03:00
515	2035	12:33:21
184	2035	12:33:21
565	2035	12:44:40
87	2035	12:46:40
273	2035	12:46:40
180	2035	12:46:40
402	2035	12:46:40
588	2030	13:16:46
214	2035	13:16:46
216	2035	13:16:46
465	2040	13:33:59
95	2040	13:33:59
558	2040	13:40:16
52	2040	13:59:46
510	2040	13:59:46
350	2055	15:02:50
791	2055	15:02:50
662	2055	15:02:50
32	2055	15:02:50
614	2055	15:02:50
185	2055	15:02:50
463	2055	15:02:50
370	2055	15:02:50
429	2055	15:02:50
10	2055	15:02:50
69	2055	15:03:50
116	2055	15:03:50
97	2055	15:03:50
351	2055	15:03:50
175	2055	15:03:50
329	2050	15:10:46
329	2050	15:10:46
180	2075	15:41:15
753	2075	15:41:15
191	2075	15:41:15
444	2075	15:41:15
250	2075	15:46:15
402	2075	15:46:15
348	2075	15:46:17
346	2075	15:46:17
7	2075	15:46:17
79	2075	15:49:17
118	2075	15:49:17
68	2075	15:49:17
120	2075	15:49:17
232	2075	15:49:17
168	2075	15:49:17
593	2070	15:58:16
51	2060	16:05:44
250	2060	16:05:44
250	2060	16:05:44
113	2060	16:05:44
585	2055	16:08:22
38	2050	16:23:41

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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