Transaction in Own Shares

RNS Number : 3624T

Bank of Georgia Group PLC

21 July 2022

 

London, 21 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 21 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:	21 July 2022
Number of Shares purchased:	15,000 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:	1408.0000p
Average market price paid per share:	1425.9529p

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 49,042,334 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:  21 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1425.9529p	15,000

Number of shares purchased	Transaction price (per share)	Time of transaction
203	1424	08:29:35
90	1424	08:29:35
135	1428	08:35:36
200	1428	08:35:36
13	1428	08:35:36
236	1428	08:35:36
200	1418	08:58:25
234	1418	08:58:25
159	1418	08:58:25
215	1418	09:06:13
254	1416	09:06:13
2	1410	09:23:41
218	1410	09:23:41
150	1408	09:28:02
75	1408	09:28:02
97	1408	09:28:02
240	1414	09:41:28
100	1414	09:41:28
117	1414	09:41:28
401	1422	10:16:25
209	1422	10:22:48
21	1422	10:22:48
100	1424	10:37:01
83	1424	10:38:02
129	1424	10:38:02
334	1428	10:58:46
230	1428	10:58:46
158	1430	11:09:10
59	1430	11:09:10
215	1434	11:29:18
75	1432	11:34:00
147	1432	11:34:00
200	1432	11:34:59
62	1430	11:36:41
177	1430	11:36:41
7	1428	11:50:05
75	1428	11:50:05
171	1428	11:50:05
199	1428	12:23:22
142	1428	12:23:22
167	1428	12:23:22
29	1428	12:23:22
200	1428	12:39:17
27	1428	12:39:17
82	1428	12:48:17
5	1428	12:59:13
144	1432	13:14:26
162	1432	13:14:26
36	1432	13:14:26
55	1432	13:14:26
75	1430	13:14:26
134	1430	13:14:26
14	1428	13:15:11
195	1428	13:15:11
65	1432	13:21:24
75	1432	13:21:24
74	1432	13:21:24
7	1432	13:21:24
207	1432	13:21:24
233	1432	13:35:18
89	1434	13:45:40
100	1436	13:48:27
115	1436	13:48:27
119	1434	13:54:37
75	1434	13:54:37
39	1434	13:54:37
215	1432	14:02:01
210	1428	14:08:02
114	1418	14:14:32
103	1418	14:14:32
44	1414	14:22:10
179	1414	14:22:10
162	1416	14:31:52
69	1416	14:31:52
100	1418	14:35:38
126	1418	14:35:38
167	1420	14:44:13
110	1420	14:44:13
125	1420	14:52:13
90	1420	14:52:13
208	1424	14:56:58
197	1426	15:01:13
158	1426	15:01:13
9	1424	15:02:18
208	1424	15:02:18
229	1420	15:13:18
219	1418	15:14:08
255	1418	15:14:08
256	1418	15:26:48
200	1420	15:26:48
72	1420	15:26:48
236	1430	15:39:04
225	1436	15:43:03
2	1436	15:43:03
138	1438	15:45:07
113	1438	15:45:13
152	1438	15:45:13
200	1434	15:52:25
39	1434	15:52:25
200	1434	15:58:13
154	1434	15:58:13
15	1436	16:11:57
361	1436	16:11:57
93	1434	16:11:57
128	1434	16:11:57
2	1436	16:17:27
159	1436	16:17:27
150	1438	16:21:12
65	1438	16:21:12
88	1436	16:22:05

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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