Transaction in Own Shares

RNS Number : 5129Z

Bank of Georgia Group PLC

15 September 2022

 

London, 14 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 14 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:	14 September 2022
Number of Shares purchased:	25,000 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:	2150.0000p
Lowest price paid per Share:	2105.0000p
Average market price paid per share:	2130.7735p

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 48,419,915 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 total number of ordinary shares with voting rights referred to in announcements about transactions by the Company in its own shares made on 9, 12 and 13 September 2022 were overstated by 500 shares .

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:  14 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2130.7735p	25,000

Number of shares purchased	Transaction price (per share)	Time of transaction
803	2150	08:20:37
183	2145	08:20:44
467	2145	08:21:15
109	2140	08:21:35
437	2140	08:21:35
586	2130	09:00:16
563	2147.5	10:18:50
563	2145	10:34:39
235	2145	11:20:16
1	2145	11:20:16
1	2145	11:20:16
24	2145	11:34:35
149	2145	11:36:44
140	2145	11:36:44
572	2145	11:36:44
63	2145	11:36:44
355	2145	11:36:44
162	2145	11:36:44
564	2145	12:35:03
61	2145	12:35:03
406	2145	12:35:03
563	2140	12:35:11
219	2135	12:52:33
385	2135	12:52:33
271	2130	12:52:38
517	2130	12:52:38
133	2130	13:17:47
150	2130	13:30:10
860	2130	13:30:10
50	2130	13:30:10
159	2120	13:47:34
438	2120	13:47:34
800	2120	13:47:34
570	2110	13:49:42
565	2105	14:14:13
323	2105	14:25:03
62	2105	14:25:03
552	2120	14:34:17
5	2120	14:34:33
652	2125	14:39:31
1250	2125	14:39:31
1250	2125	14:39:34
626	2120	14:43:23
574	2125	15:04:34
318	2130	15:07:35
1	2130	15:07:35
2	2130	15:07:35
216	2130	15:07:35
590	2130	15:18:22
541	2130	15:18:22
762	2125	15:24:12
210	2125	15:24:12
359	2125	15:24:12
572	2125	15:41:42
66	2125	15:41:50
211	2125	15:41:50
539	2135	15:55:11
610	2130	15:56:17
600	2135	16:06:56
585	2135	16:06:56
62	2135	16:06:56
151	2135	16:07:31
363	2135	16:07:31
5	2135	16:07:31
388	2130	16:09:57
100	2130	16:14:57
140	2130	16:14:57
7	2130	16:14:57
184	2125	16:16:37

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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