Transaction in Own Shares

RNS Number : 4989Y

Bank of Georgia Group PLC

06 September 2022

 

London, 6 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 6 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:	6 September 2022
Number of Shares purchased:	20,880 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:	2095.0000p
Lowest price paid per Share:	2065.0000p
Average market price paid per share:	2084.1492p

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 48,555,059 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:  6 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2084.1492p	20,880

Number of shares purchased	Transaction price (per share)	Time of transaction
122	2065	08:10:00
569	2080	08:19:40
125	2080	08:29:50
381	2080	08:29:50
19	2085	08:39:30
112	2085	08:39:30
100	2085	08:39:30
91	2085	08:39:30
518	2085	08:48:30
518	2080	08:57:55
414	2080	09:18:50
157	2080	09:18:50
360	2085	09:22:51
807	2090	09:30:56
517	2095	09:52:56
546	2090	10:04:42
17	2090	10:04:42
525	2090	10:40:11
566	2085	11:34:38
491	2085	11:36:12
300	2085	11:40:08
595	2090	12:12:38
515	2090	12:12:38
577	2090	14:35:40
602	2090	14:36:40
577	2085	14:47:00
398	2085	14:47:00
117	2085	14:47:00
87	2085	14:47:00
153	2085	14:47:00
178	2085	14:47:00
100	2085	14:47:00
310	2090	14:49:50
77	2090	14:49:50
120	2090	14:49:50
15	2085	14:54:01
125	2085	14:54:01
125	2085	14:54:01
125	2085	14:54:01
56	2085	14:54:01
84	2085	14:54:01
565	2080	15:17:54
723	2075	15:17:57
35	2075	15:17:57
405	2070	15:19:35
11	2070	15:19:35
463	2070	15:19:35
25	2070	15:19:35
119	2065	15:22:43
112	2065	15:27:39
6	2065	15:34:41
148	2065	15:42:05
5	2070	15:49:31
139	2075	15:58:12
125	2085	16:05:12
125	2085	16:05:12
125	2085	16:05:12
125	2085	16:05:12
65	2085	16:05:12
3059	2085	16:05:12
491	2085	16:05:12
525	2085	16:09:12
154	2085	16:09:17
46	2085	16:09:17
537	2085	16:09:17
385	2085	16:15:17
133	2085	16:15:17
38	2085	16:15:17

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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