Transaction in Own Shares

RNS Number : 8342H

Bank of Georgia Group PLC

28 November 2022

 

London, 28 November 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 28 November 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:	28 November 2022
Number of Shares purchased:	16,000 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:	2520.0000p
Lowest price paid per Share:	2505.0000p
Average market price paid per share:	2511.5194p

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 47,652,595 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:  28 November 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2511.5194p	16,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
157	2520	08:55:28	XLON
175	2520	08:55:28	XLON
188	2520	08:55:28	XLON
78	2520	09:28:55	XLON
73	2520	09:28:55	XLON
134	2520	09:28:55	XLON
518	2515	10:44:35	XLON
158	2515	10:44:35	XLON
102	2515	10:44:35	XLON
159	2515	10:44:35	XLON
106	2515	10:44:35	XLON
35	2510	11:16:39	XLON
386	2510	11:16:39	XLON
106	2510	11:16:39	XLON
199	2505	11:52:38	XLON
360	2505	11:52:38	XLON
471	2510	12:34:27	XLON
1	2510	12:49:51	XLON
104	2510	12:49:51	XLON
53	2510	12:49:51	XLON
78	2510	12:49:51	XLON
869	2510	13:44:11	XLON
550	2505	13:52:48	XLON
168	2505	13:55:11	XLON
311	2505	13:55:11	XLON
209	2515	14:11:00	XLON
53	2515	14:11:00	XLON
7	2515	14:11:00	XLON
528	2510	14:19:59	XLON
144	2515	14:30:36	XLON
144	2515	14:30:36	XLON
193	2515	14:30:36	XLON
103	2515	14:30:36	XLON
43	2515	14:30:36	XLON
36	2515	14:30:36	XLON
105	2515	14:30:36	XLON
19	2515	14:30:36	XLON
23	2515	14:30:36	XLON
144	2515	14:30:36	XLON
144	2515	14:30:36	XLON
505	2510	14:33:56	XLON
200	2510	14:39:11	XLON
78	2510	14:39:11	XLON
13	2510	14:39:11	XLON
210	2510	14:49:00	XLON
144	2510	14:49:00	XLON
144	2510	14:49:00	XLON
72	2510	14:49:00	XLON
148	2510	14:59:27	XLON
210	2510	14:59:27	XLON
114	2510	14:59:27	XLON
489	2510	15:03:55	XLON
211	2510	15:11:45	XLON
108	2510	15:11:45	XLON
108	2510	15:11:45	XLON
216	2510	15:15:45	XLON
108	2515	15:25:51	XLON
150	2515	15:25:51	XLON
108	2515	15:25:51	XLON
210	2515	15:25:51	XLON
2	2515	15:25:51	XLON
191	2515	15:25:51	XLON
124	2515	15:31:01	XLON
206	2515	15:31:01	XLON
510	2512.5	15:32:11	XLON
135	2515	15:45:08	XLON
527	2510	15:48:50	XLON
547	2510	15:48:50	XLON
108	2515	15:50:13	XLON
108	2515	15:50:13	XLON
226	2515	15:50:13	XLON
175	2515	16:01:08	XLON
175	2515	16:01:08	XLON
149	2515	16:01:08	XLON
499	2510	16:10:32	XLON
481	2510	16:10:32	XLON
528	2510	16:12:33	XLON
329	2510	16:12:36	XLON

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services 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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