Transaction in Own Shares

RNS Number : 0006Z

Bank of Georgia Group PLC

09 September 2022

 

London, 9 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 9 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:	9 September 2022
Number of Shares purchased:	23,500 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:	2150.0000p
Lowest price paid per Share:	2105.0000p
Average market price paid per share:	2131.8404p

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 48,489,915 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:  9 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2131.8404p	23,500

Number of shares purchased	Transaction price (per share)	Time of transaction
520	2105	08:12:43
81	2130	08:29:02
628	2135	08:31:52
208	2135	08:31:52
598	2135	08:50:07
521	2135	08:50:07
114	2150	08:53:52
259	2150	08:53:52
145	2150	08:53:52
294	2150	08:58:46
237	2150	08:58:46
12	2145	08:58:46
17	2145	08:58:46
36	2145	08:58:46
29	2145	08:58:46
10	2145	08:58:46
10	2145	08:58:46
15	2145	08:58:46
39	2145	08:58:46
19	2145	08:58:46
49	2145	08:58:46
226	2145	09:08:43
49	2145	09:08:43
608	2145	09:08:43
237	2130	09:20:30
279	2130	09:20:30
48	2130	09:20:30
185	2125	09:42:19
407	2125	09:42:19
607	2130	09:52:30
555	2130	10:11:11
610	2130	10:33:44
79	2140	11:11:30
224	2140	11:11:30
13	2140	11:11:30
15	2140	11:11:30
575	2135	11:12:49
523	2135	11:12:49
52	2135	11:15:20
662	2135	11:15:20
64	2140	12:19:39
300	2140	12:19:39
58	2140	12:19:39
224	2140	12:30:39
515	2135	12:35:07
542	2135	12:35:07
213	2135	12:54:07
16	2135	12:54:07
93	2135	12:54:07
822	2135	12:54:07
506	2130	13:09:40
112	2135	14:04:10
24	2135	14:04:10
112	2135	14:04:10
24	2135	14:04:10
112	2135	14:04:10
24	2135	14:04:10
112	2135	14:04:10
24	2135	14:04:10
112	2135	14:04:10
24	2135	14:04:10
546	2130	14:04:18
548	2130	14:04:18
605	2125	14:09:30
608	2125	14:30:52
207	2125	14:41:40
112	2125	14:41:40
458	2125	14:41:40
845	2125	15:01:35
23	2125	15:01:35
5	2125	15:01:35
73	2125	15:01:35
319	2125	15:01:35
377	2125	15:10:35
7	2125	15:10:35
91	2125	15:10:35
102	2125	15:15:35
95	2125	15:15:35
61	2125	15:26:35
57	2125	15:36:40
57	2125	15:37:02
84	2125	15:37:06
6	2125	15:37:06
7	2125	15:37:06
175	2125	15:41:06
421	2125	15:41:06
16	2125	15:42:06
9	2125	15:42:06
100	2125	15:42:06
233	2125	15:42:20
76	2125	15:42:20
308	2125	15:42:30
113	2125	15:42:30
83	2125	15:42:30
207	2125	15:48:10
82	2125	15:48:10
130	2125	15:48:10
98	2125	15:54:30
98	2125	15:54:30
48	2125	15:58:30
16	2130	16:03:47
83	2130	16:03:47
227	2135	16:07:36
67	2135	16:07:36
227	2135	16:07:36
31	2135	16:07:47
225	2135	16:07:47
151	2135	16:07:47
532	2135	16:07:47
167	2135	16:07:57
125	2135	16:08:02
222	2135	16:08:02
59	2135	16:08:02
50	2135	16:08:02

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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