Transaction in Own Shares

RNS Number : 5135T

Bank of Georgia Group PLC

22 July 2022

 

London, 22 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 22 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:	22 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:	1440.0000p
Lowest price paid per Share:	1416.0000p
Average market price paid per share:	1433.1811p

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 49,027,334 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:  22 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1433.1811p	15,000

Number of shares purchased	Transaction price (per share)	Time of transaction
243	1432	08:30:23
40	1432	08:30:23
250	1434	09:05:05
150	1432	09:05:05
75	1432	09:05:05
14	1432	09:05:05
145	1434	09:05:05
53	1434	09:05:05
16	1436	09:05:05
206	1428	09:05:07
143	1418	09:19:27
62	1418	09:19:27
17	1418	09:29:06
115	1422	09:29:51
53	1422	09:29:51
58	1420	09:30:43
150	1420	09:30:43
6	1420	09:30:43
200	1422	09:30:43
243	1426	09:45:15
74	1420	09:54:17
178	1420	09:54:17
243	1416	10:29:14
200	1418	10:29:14
120	1418	10:29:14
85	1418	10:29:14
90	1418	10:43:14
81	1420	10:49:19
169	1420	10:49:19
115	1424	11:04:20
41	1424	11:04:20
55	1424	11:04:20
200	1424	11:06:41
218	1422	11:12:45
2	1422	11:37:20
59	1422	11:37:20
71	1422	11:37:20
70	1424	11:44:14
100	1424	11:44:14
35	1424	11:44:14
182	1436	12:14:08
63	1436	12:14:08
54	1436	12:14:08
1	1434	12:14:08
75	1436	12:36:16
136	1436	12:36:16
212	1436	12:36:16
43	1436	12:36:16
338	1436	12:36:16
22	1436	12:39:31
202	1436	12:39:31
54	1436	12:39:31
191	1436	12:39:32
211	1434	12:40:00
216	1436	12:58:52
249	1438	13:10:22
430	1438	13:19:15
244	1438	13:24:15
239	1438	13:27:12
210	1440	13:27:20
247	1440	13:27:40
213	1438	13:27:56
108	1436	13:41:07
170	1436	13:41:07
225	1436	13:41:07
58	1434	13:44:19
171	1434	13:44:19
120	1436	14:06:21
214	1438	14:14:14
169	1438	14:22:15
54	1438	14:22:15
218	1438	14:28:15
224	1438	14:36:20
20	1438	14:36:20
230	1438	14:45:20
236	1436	14:45:28
4	1436	14:52:00
150	1436	14:52:00
55	1436	14:52:00
225	1438	15:00:25
222	1438	15:06:25
50	1438	15:12:25
191	1438	15:12:25
228	1438	15:15:25
229	1438	15:19:30
51	1436	15:21:12
75	1436	15:21:12
104	1436	15:21:12
4	1436	15:41:11
149	1436	15:41:11
38	1436	15:41:11
65	1436	15:41:11
191	1436	15:41:11
228	1436	15:41:11
200	1436	15:41:11
61	1438	15:51:10
49	1438	15:51:10
6	1438	15:51:10
109	1438	15:51:10
235	1438	15:53:10
210	1438	15:56:10
237	1438	15:59:10
75	1436	16:03:58
148	1436	16:03:58
70	1436	16:03:58
75	1436	16:03:58
79	1436	16:03:58
249	1438	16:11:51
41	1438	16:15:51
6	1438	16:15:51
1	1438	16:15:51
4	1438	16:20:50
161	1438	16:20:50
231	1438	16:20:50

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]

---

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

 

END

 

 

POSFLFLRDAIFFIF