Transaction in Own Shares

RNS Number : 3998R

Bank of Georgia Group PLC

28 February 2023

 

London, 28 February 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 28 February 2023, 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 16 February 2023 (the "Buyback Programme").

Date of purchase:	28 February 2023
Number of Shares purchased:	13,000 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:	2800.0000p
Lowest price paid per Share:	2770.0000p
Average market price paid per share:	2787.5704p

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 47,472,982 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 February 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2787.5704p	13,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
44	2795	08:12:57	XLON
145	2790	08:21:26	XLON
215	2785	08:21:26	XLON
33	2785	08:24:30	XLON
60	2785	08:24:30	XLON
93	2785	08:24:30	XLON
30	2785	08:24:30	XLON
87	2790	08:38:38	XLON
114	2790	08:38:38	XLON
186	2800	08:47:29	XLON
5	2795	08:47:29	XLON
75	2795	08:47:29	XLON
75	2795	08:47:29	XLON
31	2795	08:47:29	XLON
15	2800	09:00:58	XLON
29	2800	09:00:58	XLON
198	2800	09:03:34	XLON
64	2800	09:03:34	XLON
189	2795	09:03:34	XLON
8	2790	09:15:34	XLON
111	2790	09:15:34	XLON
108	2790	09:17:27	XLON
26	2790	09:17:27	XLON
20	2790	09:17:27	XLON
75	2790	09:17:27	XLON
20	2790	09:17:27	XLON
69	2790	09:17:27	XLON
62	2785	09:17:28	XLON
131	2785	09:17:43	XLON
62	2775	09:35:46	XLON
10	2775	09:38:17	XLON
62	2775	09:38:36	XLON
219	2785	10:00:12	XLON
116	2785	10:00:12	XLON
57	2785	10:00:12	XLON
41	2785	10:00:12	XLON
40	2785	10:16:12	XLON
158	2785	10:16:12	XLON
18	2785	10:16:12	XLON
145	2790	10:22:04	XLON
103	2790	10:22:04	XLON
34	2790	10:22:18	XLON
38	2790	10:22:18	XLON
36	2795	10:45:03	XLON
265	2800	10:51:43	XLON
182	2800	10:51:43	XLON
213	2800	10:51:43	XLON
209	2800	11:14:18	XLON
14	2795	11:26:18	XLON
120	2795	11:26:18	XLON
58	2795	11:26:18	XLON
192	2790	11:31:12	XLON
184	2790	11:31:12	XLON
223	2780	11:47:28	XLON
35	2785	12:08:43	XLON
48	2785	12:08:43	XLON
34	2785	12:09:18	XLON
203	2780	12:09:22	XLON
75	2780	12:31:36	XLON
123	2780	12:31:36	XLON
194	2780	12:45:16	XLON
183	2780	12:45:16	XLON
24	2780	12:45:16	XLON
442	2795	13:19:06	XLON
35	2795	13:19:06	XLON
27	2795	13:21:06	XLON
145	2795	13:21:06	XLON
223	2790	13:22:08	XLON
17	2785	13:22:45	XLON
40	2785	13:22:45	XLON
19	2785	13:22:45	XLON
20	2785	13:22:45	XLON
99	2785	13:22:45	XLON
139	2800	14:02:30	XLON
55	2800	14:02:30	XLON
65	2800	14:02:30	XLON
20	2800	14:02:30	XLON
40	2800	14:02:30	XLON
75	2800	14:02:30	XLON
50	2800	14:04:58	XLON
41	2800	14:04:58	XLON
34	2800	14:04:58	XLON
34	2800	14:04:58	XLON
12	2795	14:04:58	XLON
75	2795	14:04:58	XLON
75	2795	14:04:58	XLON
33	2795	14:04:58	XLON
13	2790	14:11:56	XLON
184	2790	14:17:27	XLON
3	2790	14:17:27	XLON
100	2790	14:17:27	XLON
116	2790	14:17:27	XLON
310	2790	14:26:12	XLON
145	2790	14:31:33	XLON
58	2780	14:38:57	XLON
137	2780	14:38:57	XLON
20	2775	14:48:47	XLON
16	2775	14:48:47	XLON
80	2775	14:48:47	XLON
166	2775	14:48:47	XLON
84	2775	14:48:47	XLON
73	2775	14:59:47	XLON
123	2775	14:59:47	XLON
70	2770	15:00:30	XLON
60	2770	15:00:30	XLON
51	2770	15:00:30	XLON
39	2770	15:00:30	XLON
200	2770	15:00:30	XLON
120	2770	15:04:56	XLON
34	2770	15:04:56	XLON
40	2770	15:04:56	XLON
43	2770	15:11:32	XLON
146	2770	15:11:32	XLON
43	2770	15:13:32	XLON
29	2770	15:13:32	XLON
5	2770	15:13:32	XLON
126	2770	15:13:32	XLON
15	2770	15:13:32	XLON
81	2780	15:30:16	XLON
40	2780	15:30:16	XLON
40	2780	15:30:16	XLON
20	2780	15:30:16	XLON
69	2780	15:30:16	XLON
133	2780	15:31:51	XLON
75	2780	15:31:51	XLON
49	2780	15:37:13	XLON
136	2780	15:37:23	XLON
69	2780	15:40:23	XLON
118	2780	15:44:53	XLON
75	2780	15:44:53	XLON
215	2790	15:50:28	XLON
199	2790	15:54:28	XLON
128	2790	15:58:28	XLON
88	2790	15:58:28	XLON
164	2790	16:04:28	XLON
16	2790	16:04:28	XLON
197	2790	16:07:28	XLON
39	2790	16:09:38	XLON
10	2790	16:09:38	XLON
7	2790	16:09:38	XLON
36	2790	16:09:38	XLON
10	2790	16:11:28	XLON
35	2790	16:11:28	XLON
144	2790	16:13:48	XLON
37	2790	16:13:48	XLON
129	2795	16:17:34	XLON
40	2795	16:19:37	XLON
13	2800	16:22:32	XLON
75	2800	16:22:32	XLON
13	2800	16:22:32	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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