Transaction in Own Shares

RNS Number : 8365Y

Bank of Georgia Group PLC

08 September 2022

 

London, 8 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 8 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:	8 September 2022
Number of Shares purchased:	23,000 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:	2130.0000p
Lowest price paid per Share:	2055.0000p
Average market price paid per share:	2091.7978p

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 48,512,915 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:  8 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2091.7978p	23,000

Number of shares purchased	Transaction price (per share)	Time of transaction
15	2115	08:40:04
13	2125	08:49:29
186	2125	08:55:53
585	2130	09:04:36
143	2125	09:04:39
246	2125	09:04:39
522	2120	09:28:15
599	2120	09:28:15
157	2115	09:28:16
122	2115	09:28:20
4	2115	09:49:35
483	2115	10:04:26
41	2110	10:04:27
640	2110	10:04:27
511	2105	10:37:42
540	2100	10:37:45
116	2095	11:01:02
491	2095	11:05:31
35	2090	11:05:37
102	2090	11:05:37
98	2090	11:05:37
553	2085	11:26:29
597	2080	11:31:41
380	2085	11:58:00
178	2085	11:58:00
177	2065	12:12:38
200	2065	12:12:38
150	2065	12:12:38
68	2055	12:20:53
7	2055	12:56:16
458	2055	12:56:16
604	2075	13:15:47
430	2075	13:16:31
87	2075	13:16:31
153	2070	13:17:50
200	2070	13:17:50
149	2070	13:17:50
233	2070	13:17:50
5	2095	13:39:01
14	2095	13:39:01
796	2100	13:50:41
504	2095	13:50:43
10	2095	13:50:43
561	2095	13:50:43
610	2090	13:57:37
160	2090	13:57:37
60	2090	13:57:37
102	2090	13:57:37
607	2090	14:04:33
596	2080	14:19:38
498	2080	14:30:15
537	2075	14:30:33
1	2075	14:30:33
75	2100	14:56:11
93	2100	14:57:37
633	2095	14:57:37
207	2100	14:57:37
430	2100	14:57:37
130	2100	14:57:37
527	2090	15:04:11
96	2090	15:32:13
400	2090	15:32:13
400	2090	15:32:13
89	2090	15:32:13
200	2090	15:32:13
49	2090	15:32:13
5	2090	15:32:13
220	2090	15:32:13
220	2090	15:32:13
356	2090	15:32:13
12	2090	15:36:13
160	2090	15:36:13
19	2090	15:36:13
151	2090	15:36:13
26	2090	15:46:13
104	2090	15:46:13
11	2090	15:46:13
74	2090	15:51:43
224	2090	15:51:43
224	2090	15:51:43
585	2085	15:52:07
261	2085	16:02:17
493	2085	16:02:17
209	2085	16:02:17
576	2080	16:10:21
407	2080	16:26:41

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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