Transaction in Own Shares

RNS Number : 9419B

Bank of Georgia Group PLC

05 October 2022

 

London, 5 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 5 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:	5 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:	2000.0000p
Lowest price paid per Share:	1964.0000p
Average market price paid per share:	1983.7648p

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 48,106,805 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:  5 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1983.7648p	15,500

Number of shares purchased	Transaction price (per share)	Time of transaction
6	1988	08:10:00
96	1988	08:10:00
13	1988	08:10:00
241	1976	08:10:02
164	1976	08:10:02
138	1976	08:10:02
227	1976	08:19:34
281	1976	08:19:34
474	2000	08:43:44
40	1992	08:50:33
300	1992	08:50:33
194	1992	08:50:33
145	1984	09:04:41
427	1984	09:04:41
322	1972	09:21:49
240	1972	09:21:49
529	1968	09:42:24
502	1978	10:07:12
151	1972	10:24:11
238	1972	10:24:11
149	1972	10:24:11
176	1966	10:39:57
95	1966	10:39:57
44	1966	10:39:57
37	1966	10:39:57
71	1966	10:39:57
103	1966	10:39:57
551	1964	10:50:40
2	1972	11:20:59
543	1980	11:47:44
516	1990	12:09:10
554	1994	12:23:36
89	1996	12:35:27
88	1986	12:56:03
393	1986	12:56:03
64	1986	13:10:27
300	1986	13:10:27
151	1986	13:10:27
565	1988	13:27:43
77	1988	14:00:01
64	1988	14:03:01
2	1988	14:03:01
300	1990	14:26:18
200	1990	14:26:18
300	1988	14:26:18
171	1988	14:26:18
42	1986	14:34:36
523	1986	14:34:36
4	1986	14:38:50
445	1986	14:41:09
46	1986	14:41:09
476	1988	14:50:12
515	1988	15:00:30
18	1988	15:00:30
539	1984	15:10:01
502	1984	15:26:42
522	1990	15:44:00
43	1990	15:44:00
39	1992	16:00:00
436	1992	16:00:00
363	1992	16:05:04
110	1992	16:05:04
9	1990	16:08:46
535	1990	16:08:46

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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