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, +44 (0) 781 250 9450

 

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

+995 322 444 144

+44 203 178 4034

+995 322 444 108

+995 322 444 444 (7515)

agachechiladze@bog.ge

moliver@bgeo.com

sgvalia@bog.ge

ir@bog.ge

 


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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