Transaction in Own Shares

RNS Number : 9840T

Bank of Georgia Group PLC

27 July 2022

 

London, 27 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 27 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:	27 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:	1438.0000p
Lowest price paid per Share:	1408.0000p
Average market price paid per share:	1432.2482p

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 48,978,334 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:  27 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1432.2482p	17,000

Number of shares purchased	Transaction price (per share)	Time of transaction
335	1430	08:37:50
295	1430	08:53:53
5	1428	08:59:29
256	1428	08:59:29
294	1424	09:13:05
150	1422	09:14:26
75	1422	09:14:26
50	1422	09:14:26
24	1422	09:14:26
234	1416	09:22:18
25	1416	09:22:18
144	1408	09:28:10
168	1408	09:28:10
142	1416	09:58:10
121	1416	09:58:10
377	1422	10:12:11
262	1422	10:12:38
146	1424	10:14:28
13	1424	10:14:28
11	1424	10:14:28
7	1424	10:14:58
192	1422	10:18:09
84	1422	10:18:09
200	1422	10:18:09
60	1420	10:27:28
159	1430	10:39:18
141	1430	10:39:18
162	1432	10:53:38
54	1432	10:53:38
295	1430	11:23:59
280	1430	11:23:59
298	1426	11:25:44
45	1428	11:49:08
11	1428	11:49:08
282	1432	12:01:49
50	1432	12:01:49
134	1432	12:01:49
50	1432	12:01:49
304	1438	12:04:13
65	1436	12:04:13
21	1436	12:04:13
215	1436	12:04:13
291	1434	12:13:27
27	1434	12:35:20
17	1434	12:40:23
275	1434	12:40:23
306	1434	12:40:23
200	1434	12:40:23
83	1436	13:30:25
236	1436	13:30:25
14	1436	13:32:29
298	1436	13:32:29
367	1434	13:38:24
200	1434	13:50:18
200	1434	13:55:18
146	1436	14:07:49
75	1436	14:07:49
75	1436	14:07:49
26	1436	14:07:49
1	1436	14:14:33
304	1436	14:14:33
304	1436	14:23:33
279	1434	14:30:00
318	1434	14:30:00
261	1436	14:43:23
297	1436	14:50:43
265	1436	14:50:43
1	1436	14:59:32
151	1438	15:00:17
50	1438	15:00:17
288	1438	15:00:17
400	1438	15:00:17
331	1438	15:00:17
361	1438	15:00:17
109	1434	15:28:17
136	1434	15:28:17
251	1434	15:28:17
50	1434	15:28:17
200	1436	15:48:17
150	1436	15:48:17
75	1436	15:48:17
332	1438	16:05:24
1659	1438	16:05:24
427	1436	16:05:31
1	1432	16:14:43
282	1432	16:14:43
93	1434	16:17:09
160	1434	16:17:09
49	1434	16:17:09
5	1434	16:22:09
167	1434	16:22:09
7	1434	16:22:09
84	1434	16:22:09
80	1434	16:26:07

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

 

 

POSFLFLRDSIDFIF