Transaction in Own Shares

RNS Number : 6264B

Bank of Georgia Group PLC

03 October 2022

 

London, 3 October 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 3 October 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:	3 October 2022
Number of Shares purchased:	15,500 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:	1962.0000p
Lowest price paid per Share:	1898.0000p
Average market price paid per share:	1934.8119p

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 48,137,805 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:  3 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1934.8119p	15,500

Number of shares purchased	Transaction price (per share)	Time of transaction
138	1962	08:12:24
266	1962	08:26:10
300	1962	08:26:10
95	1962	08:26:10
628	1962	08:31:55
261	1950	09:01:02
300	1950	09:01:02
100	1940	09:20:02
121	1940	09:55:59
100	1940	09:55:59
26	1940	09:55:59
100	1940	09:55:59
136	1940	09:55:59
226	1942	10:02:15
105	1942	10:02:15
121	1942	10:02:15
531	1940	10:29:42
65	1940	10:29:42
592	1940	10:29:42
31	1940	10:29:42
600	1938	10:40:28
155	1918	11:32:17
479	1918	11:32:17
588	1918	11:47:09
95	1908	12:24:02
300	1908	12:24:02
200	1908	12:24:02
61	1906	12:56:44
104	1904	13:01:04
102	1904	13:01:04
8	1904	13:01:04
105	1904	13:01:04
5	1904	13:01:04
83	1902	13:13:14
50	1902	13:13:14
16	1902	13:13:14
687	1898	13:23:08
8	1918	14:02:16
232	1918	14:02:16
393	1918	14:02:24
56	1920	14:15:54
48	1920	14:20:58
80	1920	14:21:23
79	1920	14:21:46
40	1920	14:21:46
81	1920	14:21:46
105	1920	14:21:50
9	1920	14:21:53
22	1920	14:21:53
105	1920	14:21:53
105	1920	14:21:56
298	1918	14:30:21
300	1918	14:30:21
39	1922	14:33:34
594	1922	14:33:34
144	1924	14:33:34
102	1924	14:33:34
100	1924	14:33:34
52	1924	14:33:34
19	1918	14:52:32
603	1918	14:52:36
79	1926	15:11:45
595	1946	15:23:51
34	1946	15:23:51
151	1948	15:23:51
641	1960	15:32:16
476	1960	15:34:35
122	1960	15:34:35
609	1954	15:46:40
117	1950	15:53:20
47	1950	15:53:20
100	1952	16:00:54
98	1952	16:00:54
56	1952	16:00:54
248	1950	16:01:03
241	1950	16:01:03
143	1950	16:01:03
105	1948	16:10:07
38	1948	16:10:07
106	1948	16:12:51

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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