Transaction in Own Shares

RNS Number : 8241T

Bank of Georgia Group PLC

26 July 2022

 

London, 26 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 26 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:	26 July 2022
Number of Shares purchased:	17,000 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:	1466.0000p
Lowest price paid per Share:	1414.0000p
Average market price paid per share:	1436.3152p

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 48,995,334 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:  26 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1436.3152p	17,000

Number of shares purchased	Transaction price (per share)	Time of transaction
64	1454	08:16:21
581	1466	08:29:21
277	1462	08:29:30
293	1458	08:29:33
274	1460	08:39:20
270	1460	08:39:20
92	1456	08:39:27
259	1456	08:39:27
150	1456	09:07:58
118	1456	09:07:58
200	1456	09:07:58
43	1456	09:07:58
76	1456	09:07:58
200	1454	09:07:58
101	1454	09:07:58
277	1454	09:38:28
200	1454	09:50:28
15	1454	09:50:28
98	1454	09:50:28
292	1454	09:51:39
26	1452	09:51:41
56	1452	09:51:41
75	1452	09:51:41
123	1452	09:51:41
141	1450	09:59:47
124	1450	09:59:47
258	1448	10:34:10
319	1446	10:35:23
107	1442	10:35:25
197	1442	10:35:25
282	1440	10:57:10
286	1442	11:06:58
200	1442	11:06:58
8	1442	11:06:58
78	1442	11:06:58
200	1442	11:13:59
106	1442	11:13:59
307	1438	11:21:42
159	1438	11:40:43
75	1438	11:40:43
37	1438	11:40:43
50	1434	11:40:48
271	1434	11:40:48
267	1436	12:01:20
44	1430	12:10:02
254	1430	12:25:20
20	1428	12:35:01
137	1428	12:36:24
104	1428	12:36:24
60	1428	12:45:15
33	1432	12:48:01
308	1432	12:48:01
13	1432	12:48:01
13	1430	12:50:09
103	1430	12:50:09
189	1430	12:50:09
297	1428	13:17:01
269	1428	13:34:21
12	1428	13:34:21
63	1428	13:34:21
19	1428	13:34:21
92	1428	13:48:21
23	1428	13:48:21
196	1428	13:48:21
10	1428	13:48:21
219	1428	13:48:21
301	1428	14:00:18
294	1424	14:11:21
270	1420	14:22:51
149	1420	14:26:51
187	1420	14:26:51
12	1418	14:32:51
43	1418	14:32:51
235	1418	14:32:51
264	1414	14:39:33
42	1414	14:45:08
220	1414	14:45:08
200	1414	14:45:08
86	1414	14:45:08
310	1414	14:54:37
164	1420	15:06:34
2	1420	15:06:34
19	1420	15:06:34
23	1420	15:08:34
242	1420	15:08:34
277	1418	15:12:05
131	1416	15:20:05
3	1416	15:20:05
11	1416	15:20:05
160	1416	15:20:05
12	1422	15:25:31
318	1422	15:25:41
212	1424	15:35:06
240	1426	15:42:33
51	1426	15:42:33
120	1426	15:42:33
9	1426	15:42:33
132	1426	15:44:33
131	1426	15:44:33
183	1426	15:45:53
223	1434	16:02:18
79	1434	16:02:18
57	1434	16:02:18
277	1434	16:02:31
193	1434	16:03:41
200	1434	16:06:04
22	1434	16:06:04
200	1430	16:07:18
91	1430	16:07:18
258	1430	16:14:28
224	1432	16:17:51
10	1432	16:17:51
3	1432	16:20:05

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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