Transaction in Own Shares

RNS Number : 0035D

Bank of Georgia Group PLC

14 October 2022

 

London, 14 October 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 October 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 October 2022
Number of Shares purchased:	1 4,500 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:	2015.0000p
Lowest price paid per Share:	1946.0000p
Average market price paid per share:	1977.5523p

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 48,002,482 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:  14 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1977.5523p	14,500

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
75	2015	08:25:51	XLON
374	2005	08:28:01	XLON
273	2005	08:33:02	XLON
102	2005	08:33:02	XLON
324	2000	08:46:29	XLON
369	2000	09:01:52	XLON
196	2000	09:55:24	XLON
133	2000	09:55:24	XLON
239	2000	09:55:24	XLON
87	2000	09:55:24	XLON
124	2000	09:55:24	XLON
211	2000	09:55:24	XLON
341	1998	10:01:43	XLON
63	1996	10:01:43	XLON
90	1996	10:01:43	XLON
207	1996	10:01:43	XLON
120	1990	10:11:58	XLON
235	1990	10:11:58	XLON
248	1984	10:27:08	XLON
106	1984	10:27:08	XLON
315	1976	10:35:39	XLON
154	1974	10:39:52	XLON
196	1974	10:39:52	XLON
17	1976	10:45:29	XLON
348	1976	10:45:29	XLON
76	1974	11:08:11	XLON
164	1974	11:08:11	XLON
105	1974	11:13:37	XLON
93	1974	11:18:36	XLON
95	1974	11:18:36	XLON
169	1974	11:21:31	XLON
175	1972	11:33:04	XLON
179	1972	11:33:04	XLON
344	1974	12:06:51	XLON
347	1974	12:07:52	XLON
42	1974	12:38:29	XLON
175	1974	12:38:29	XLON
109	1974	12:38:29	XLON
98	1972	12:54:45	XLON
98	1972	12:54:45	XLON
3	1970	12:59:46	XLON
244	1970	12:59:46	XLON
66	1970	12:59:46	XLON
101	1972	13:23:52	XLON
123	1972	13:23:52	XLON
358	1972	13:30:12	XLON
305	1972	13:30:12	XLON
52	1974	13:48:13	XLON
271	1974	13:48:13	XLON
329	1972	13:48:15	XLON
16	1980	14:17:30	XLON
175	1980	14:17:30	XLON
175	1980	14:17:30	XLON
6	1980	14:17:30	XLON
100	1982	14:17:30	XLON
98	1982	14:17:30	XLON
173	1982	14:17:30	XLON
110	1980	14:28:11	XLON
198	1980	14:28:11	XLON
61	1978	14:42:16	XLON
309	1978	14:42:16	XLON
108	1970	15:00:00	XLON
221	1970	15:00:00	XLON
51	1970	15:00:00	XLON
318	1970	15:00:00	XLON
64	1970	15:11:14	XLON
263	1970	15:11:14	XLON
1	1962	15:14:37	XLON
175	1962	15:14:37	XLON
162	1962	15:14:37	XLON
222	1966	15:19:23	XLON
124	1966	15:19:23	XLON
10	1956	15:34:23	XLON
186	1956	15:34:23	XLON
159	1956	15:34:23	XLON
340	1950	15:43:45	XLON
107	1946	15:49:34	XLON
5	1946	15:49:43	XLON
71	1952	15:58:03	XLON
98	1952	15:58:03	XLON
98	1952	15:58:03	XLON
75	1964	16:05:39	XLON
99	1964	16:05:39	XLON
219	1964	16:06:12	XLON
74	1964	16:06:12	XLON
99	1962	16:09:30	XLON
19	1962	16:11:22	XLON
300	1962	16:11:22	XLON
244	1960	16:16:02	XLON
99	1960	16:16:02	XLON

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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