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, +44 (0)20 7954 9567

 

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

+995 322 444 144

+44 203 178 4034

+995 322 444 108

+995 322 444 444 (7515)

agachechiladze@bog.ge

moliver@bgeo.com

sgvalia@bog.ge

ir@bog.ge

 


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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