Transaction in Own Shares

RNS Number : 8287Z

Bank of Georgia Group PLC

16 September 2022

 

London, 16 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 16 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:	16 September 2022
Number of Shares purchased:	23,500 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:	2115.0000p
Lowest price paid per Share:	2075.0000p
Average market price paid per share:	2095.0223p

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 48,372,915 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 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:  16 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2095.0223p	23,500

Number of shares purchased	Transaction price (per share)	Time of transaction
46	2115	08:21:16
575	2115	08:21:16
570	2110	08:21:20
81	2110	08:21:20
591	2095	08:41:28
77	2090	08:53:30
519	2090	08:53:30
384	2085	09:01:31
189	2085	09:01:31
586	2080	09:16:19
587	2075	09:44:12
87	2075	09:44:12
194	2080	10:00:12
359	2080	10:00:12
448	2090	10:15:20
337	2090	10:15:20
430	2085	10:15:50
21	2095	10:33:52
1	2095	10:34:41
3	2095	10:49:35
364	2095	10:49:35
189	2095	10:49:35
534	2095	10:49:35
233	2095	10:49:35
300	2095	10:49:35
250	2095	10:49:35
39	2095	10:49:35
330	2095	11:05:19
104	2095	11:05:19
195	2095	11:05:19
116	2090	11:34:41
248	2090	11:41:52
430	2095	12:01:18
110	2095	12:01:18
424	2095	12:23:18
68	2095	12:23:18
3	2090	12:34:33
1380	2100	12:58:29
4	2095	13:04:32
576	2100	13:19:54
55	2100	13:19:54
588	2095	13:24:37
574	2095	13:24:37
111	2095	13:24:37
4	2090	13:49:44
12	2100	15:14:13
300	2100	15:14:13
17	2100	15:14:13
40	2100	15:14:13
2200	2100	15:14:13
37	2100	15:14:13
87	2100	15:14:13
1851	2100	15:14:13
407	2090	15:14:23
5	2090	16:04:44
2060	2095	16:06:31
1000	2095	16:06:31
441	2095	16:06:31
76	2095	16:06:31
24	2095	16:06:31
364	2095	16:06:31
191	2095	16:06:31
424	2095	16:14:58
27	2095	16:14:58
11	2095	16:14:58
8	2095	16:14:58
604	2090	16:27:52

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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