Transaction in Own Shares

RNS Number : 5045I
Bank of Georgia Group PLC
02 December 2022
 

 

London, 2 December 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 2 December 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:

2 December 2022

 

Number of Shares purchased:

 

15,000 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:

 

2595.0000p

Lowest price paid per Share: 

 

2550.0000p

Average market price paid per share:

 

2575.5697p

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 47,589,595 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 December 2022

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2575.5697p

15,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

602

2550

08:37:40

XLON

198

2560

08:40:10

XLON

87

2560

08:40:10

XLON

105

2560

08:40:10

XLON

176

2560

08:40:10

XLON

499

2555

08:42:45

XLON

587

2570

09:00:11

XLON

524

2570

09:09:49

XLON

556

2560

09:18:00

XLON

247

2565

09:53:13

XLON

14

2565

10:20:00

XLON

96

2565

10:20:00

XLON

81

2565

10:20:00

XLON

170

2565

10:20:00

XLON

27

2565

10:35:00

XLON

96

2565

10:35:00

XLON

96

2565

10:35:00

XLON

72

2565

10:35:00

XLON

200

2565

10:35:00

XLON

191

2565

10:42:05

XLON

300

2565

10:42:05

XLON

23

2565

10:42:05

XLON

33

2565

11:25:09

XLON

2

2580

12:31:30

XLON

745

2580

12:31:30

XLON

6

2580

12:40:31

XLON

518

2580

12:45:17

XLON

108

2580

12:45:17

XLON

156

2580

12:45:17

XLON

71

2580

12:45:17

XLON

155

2580

12:45:17

XLON

85

2580

12:45:17

XLON

599

2575

12:45:18

XLON

330

2570

13:12:35

XLON

37

2585

13:28:03

XLON

200

2585

13:28:03

XLON

50

2585

13:28:03

XLON

302

2585

13:28:03

XLON

520

2580

13:30:13

XLON

64

2585

14:05:46

XLON

105

2585

14:05:46

XLON

105

2585

14:05:46

XLON

12

2595

14:26:10

XLON

350

2595

14:26:10

XLON

179

2595

14:26:10

XLON

535

2590

14:30:49

XLON

600

2590

14:39:33

XLON

39

2590

14:42:51

XLON

79

2590

14:42:51

XLON

207

2590

14:42:51

XLON

154

2590

14:50:07

XLON

155

2590

14:50:07

XLON

69

2590

14:50:07

XLON

507

2590

15:06:12

XLON

200

2585

15:19:33

XLON

22

2585

15:19:33

XLON

151

2585

15:19:35

XLON

3

2585

15:19:40

XLON

132

2585

15:20:17

XLON

109

2580

15:28:32

XLON

108

2580

15:28:32

XLON

64

2580

15:28:32

XLON

109

2575

15:42:44

XLON

108

2575

15:42:44

XLON

84

2575

15:42:44

XLON

11

2575

16:00:30

XLON

50

2575

16:00:30

XLON

50

2575

16:00:30

XLON

426

2575

16:00:30

XLON

108

2575

16:00:30

XLON

50

2575

16:00:30

XLON

400

2575

16:00:30

XLON

36

2575

16:00:30

XLON

85

2575

16:11:51

XLON

135

2575

16:11:51

XLON

136

2575

16:11:51

XLON

150

2575

16:11:51

XLON

136

2575

16:11:51

XLON

113

2585

16:16:56

XLON


LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 797 726 7347

 

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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