Transaction in Own Shares

RNS Number : 7311R

Bank of Georgia Group PLC

02 March 2023

 

London, 2 March 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 2 March 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:	2 March 2023
Number of Shares purchased:	14,000 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:	2920.0000p
Lowest price paid per Share:	2865.0000p
Average market price paid per share:	2901.4579p

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 47,445,482 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:  2 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2901.4579p	14,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
181	2875	08:56:39	XLON
37	2875	08:56:39	XLON
93	2870	09:00:51	XLON
125	2870	09:00:51	XLON
1	2865	09:05:03	XLON
249	2865	09:23:34	XLON
77	2870	09:59:50	XLON
44	2870	09:59:50	XLON
38	2870	09:59:50	XLON
221	2885	10:07:21	XLON
1	2880	10:13:10	XLON
218	2880	10:13:10	XLON
227	2880	10:34:45	XLON
184	2875	10:34:45	XLON
38	2875	10:42:32	XLON
273	2875	10:42:32	XLON
81	2895	11:17:59	XLON
292	2895	11:17:59	XLON
2	2895	11:19:44	XLON
45	2895	11:19:51	XLON
170	2895	11:19:51	XLON
140	2890	11:20:14	XLON
113	2890	11:20:14	XLON
225	2890	11:34:34	XLON
225	2885	11:34:35	XLON
44	2900	12:06:51	XLON
163	2900	12:06:51	XLON
225	2900	12:06:51	XLON
86	2900	12:09:51	XLON
32	2900	12:09:51	XLON
231	2895	12:13:40	XLON
3	2890	12:13:40	XLON
120	2895	12:20:51	XLON
137	2895	12:20:51	XLON
20	2890	12:35:09	XLON
40	2890	12:35:09	XLON
20	2890	12:35:09	XLON
20	2890	12:35:09	XLON
67	2890	12:35:09	XLON
20	2890	12:35:09	XLON
189	2890	12:35:09	XLON
242	2890	12:51:57	XLON
149	2895	13:30:18	XLON
107	2895	13:30:18	XLON
213	2890	13:32:00	XLON
197	2890	13:32:00	XLON
17	2890	13:32:00	XLON
48	2900	14:18:51	XLON
178	2900	14:18:51	XLON
223	2905	14:23:55	XLON
44	2910	14:30:37	XLON
1	2910	14:30:37	XLON
17	2915	14:30:57	XLON
92	2915	14:30:57	XLON
10	2915	14:30:57	XLON
86	2915	14:30:57	XLON
19	2915	14:30:57	XLON
19	2915	14:30:57	XLON
68	2915	14:30:57	XLON
100	2915	14:30:57	XLON
20	2915	14:30:57	XLON
44	2915	14:32:57	XLON
120	2915	14:32:57	XLON
66	2915	14:32:57	XLON
210	2910	14:36:48	XLON
230	2910	14:36:48	XLON
238	2910	14:48:46	XLON
1	2905	14:50:05	XLON
237	2905	14:50:05	XLON
238	2905	14:50:05	XLON
46	2920	15:14:15	XLON
260	2920	15:14:15	XLON
407	2920	15:14:15	XLON
216	2920	15:14:15	XLON
267	2920	15:14:15	XLON
167	2915	15:19:38	XLON
47	2915	15:19:38	XLON
234	2915	15:19:38	XLON
140	2910	15:21:40	XLON
190	2910	15:21:40	XLON
38	2910	15:21:40	XLON
77	2905	15:21:48	XLON
148	2905	15:21:48	XLON
100	2910	15:39:57	XLON
113	2910	15:39:57	XLON
257	2910	15:39:57	XLON
73	2910	15:40:23	XLON
236	2905	15:42:47	XLON
221	2905	15:42:47	XLON
134	2915	15:51:46	XLON
86	2915	15:51:46	XLON
242	2915	15:53:43	XLON
72	2915	15:53:43	XLON
85	2915	15:53:43	XLON
225	2910	15:53:48	XLON
59	2910	16:00:48	XLON
171	2910	16:00:48	XLON
36	2910	16:04:56	XLON
36	2910	16:07:56	XLON
105	2910	16:07:56	XLON
654	2910	16:08:23	XLON
245	2910	16:09:05	XLON
9	2910	16:09:05	XLON
105	2910	16:16:40	XLON
9	2910	16:16:40	XLON
45	2910	16:16:40	XLON
81	2910	16:16:40	XLON
23	2910	16:16:40	XLON
2	2910	16:16:40	XLON
15	2910	16:16:40	XLON
2	2910	16:19:37	XLON
207	2910	16:23:28	XLON
72	2915	16:23:46	XLON
54	2915	16:23:46	XLON
6	2915	16:23:46	XLON
32	2915	16:23:46	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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