Transaction in Own Shares

RNS Number : 4729D

Bank of Georgia Group PLC

19 October 2022

 

London, 19 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 19 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:	19 October 2022
Number of Shares purchased:	12,327 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:	2040.0000p
Lowest price paid per Share:	1986.0000p
Average market price paid per share:	2015.9702p

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 47,961,655 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:  19 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2015.9702p	12,327

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
253	2030	08:29:06	XLON
108	2030	08:29:06	XLON
119	2025	08:34:33	XLON
261	2025	08:34:33	XLON
336	2020	08:34:43	XLON
357	1992	09:13:58	XLON
376	1986	09:16:57	XLON
185	1990	09:57:36	XLON
131	1990	09:57:36	XLON
29	1990	09:57:36	XLON
3	2005	10:19:33	XLON
20	2005	10:19:54	XLON
500	2020	10:32:46	XLON
330	2020	10:32:46	XLON
366	2015	10:43:11	XLON
337	2015	10:43:11	XLON
135	2010	10:45:08	XLON
60	2010	10:45:08	XLON
186	2010	10:45:08	XLON
350	2025	12:04:27	XLON
98	2025	12:10:35	XLON
71	2025	12:10:35	XLON
98	2025	12:10:35	XLON
29	2025	12:10:35	XLON
98	2025	12:10:35	XLON
98	2025	12:10:35	XLON
57	2020	12:10:37	XLON
317	2020	12:10:37	XLON
146	2005	12:34:00	XLON
211	2005	12:34:00	XLON
22	2000	12:39:58	XLON
20	2000	12:39:58	XLON
63	2000	12:45:35	XLON
60	2000	12:46:35	XLON
1	2000	13:04:38	XLON
57	2000	13:07:07	XLON
93	2000	13:08:05	XLON
330	2000	13:08:05	XLON
185	2000	13:27:58	XLON
170	2000	13:30:45	XLON
333	2000	13:30:45	XLON
39	2010	14:11:36	XLON
141	2010	14:11:36	XLON
132	2010	14:11:36	XLON
15	2005	14:21:02	XLON
297	2005	14:21:02	XLON
52	2005	14:21:02	XLON
280	2005	14:21:02	XLON
367	2015	14:41:12	XLON
195	2015	14:41:12	XLON
133	2015	14:41:12	XLON
126	2015	14:41:12	XLON
72	2015	14:41:12	XLON
126	2015	14:41:12	XLON
136	2015	14:41:12	XLON
6	2015	14:41:12	XLON
109	2015	14:41:12	XLON
21	2015	14:41:12	XLON
32	2015	14:41:12	XLON
486	2025	15:05:44	XLON
449	2040	15:29:55	XLON
69	2040	15:30:55	XLON
247	2040	15:30:55	XLON
24	2040	15:30:55	XLON
384	2035	15:32:04	XLON
35	2030	15:33:37	XLON
351	2030	15:33:37	XLON
313	2025	15:39:32	XLON
17	2025	15:53:00	XLON
96	2025	15:53:00	XLON
139	2025	15:53:00	XLON
106	2025	15:53:00	XLON
123	2025	16:01:00	XLON
47	2025	16:01:00	XLON
52	2025	16:01:00	XLON
108	2025	16:01:00	XLON
3	2020	16:04:39	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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