Transaction in Own Shares

RNS Number : 1820Y

Bank of Georgia Group PLC

02 September 2022

 

London, 2 September 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 2 September 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:	2 September 2022
Number of Shares purchased:	22,000 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:	2065.0000p
Lowest price paid per Share:	2020.0000p
Average market price paid per share:	2038.5377p

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 48,598,939 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:  2 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2038.5377p	22,000

Number of shares purchased	Transaction price (per share)	Time of transaction
67	2015	09:49:48
82	2020	10:04:36
531	2020	10:04:36
3	2020	10:04:36
145	2020	10:05:21
125	2020	10:05:21
250	2020	10:05:21
2	2020	10:05:21
107	2020	10:05:21
375	2020	10:05:21
657	2020	10:05:21
2679	2025	10:16:21
444	2025	10:16:21
608	2035	10:26:14
495	2035	10:26:14
2560	2040	11:05:16
595	2030	11:47:51
544	2025	12:11:50
29	2030	13:06:22
210	2030	13:06:22
142	2030	13:06:22
153	2030	13:06:22
5	2030	13:06:22
46	2030	13:06:22
175	2030	13:06:41
154	2030	13:06:41
33	2030	13:06:41
57	2030	13:06:41
11	2030	13:06:41
8	2025	13:08:11
538	2025	13:12:41
14	2025	13:12:41
590	2025	13:12:41
2297	2040	14:05:21
1	2030	14:35:15
125	2030	14:35:15
250	2030	14:35:15
125	2030	14:35:15
15	2030	14:35:15
35	2035	15:04:36
38	2035	15:04:36
517	2045	15:22:55
1150	2045	15:22:55
301	2045	15:22:55
15	2060	15:46:39
539	2060	15:46:39
563	2060	15:46:39
536	2060	15:46:39
46	2060	15:50:21
118	2060	15:50:21
12	2060	15:50:21
50	2060	15:50:21
87	2060	15:50:21
119	2065	16:11:08
517	2065	16:12:01
918	2065	16:12:01
251	2065	16:12:01
674	2060	16:12:02
233	2065	16:21:25
34	2065	16:21:25

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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