Transaction in Own Shares

RNS Number : 6447S
Bank of Georgia Group PLC
10 March 2023
 

London, 10 March 2023

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 10 March 2023, 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 16 February 2023 (the "Buyback Programme").

 

Date of purchase:

10 March 2023

 

Number of Shares purchased:

 

19,500 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:

 

2725.0000p

Lowest price paid per Share: 

 

2645.0000p

Average market price paid per share:

 

2694.9985p

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 47,341,482 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:  10 March 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2694.9985p

19,500

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

68

2650

08:28:37

XLON

52

2645

08:34:02

XLON

325

2650

08:34:02

XLON

77

2645

08:34:37

XLON

209

2650

08:34:57

XLON

20

2650

08:34:57

XLON

62

2645

08:34:57

XLON

7

2650

08:35:16

XLON

23

2645

08:37:05

XLON

89

2650

08:39:02

XLON

233

2650

08:39:02

XLON

7

2650

08:39:02

XLON

33

2645

08:39:28

XLON

265

2645

08:39:28

XLON

41

2655

08:58:49

XLON

290

2655

08:58:49

XLON

6

2655

09:03:49

XLON

333

2655

09:03:49

XLON

33

2665

09:27:05

XLON

246

2665

09:27:05

XLON

33

2660

09:33:37

XLON

275

2665

09:43:21

XLON

29

2660

09:43:23

XLON

292

2660

09:43:23

XLON

290

2660

09:50:30

XLON

14

2660

09:50:30

XLON

6

2665

10:16:32

XLON

299

2670

10:29:12

XLON

31

2670

10:29:12

XLON

50

2670

10:29:12

XLON

131

2670

10:29:12

XLON

119

2670

10:29:12

XLON

3

2670

10:29:12

XLON

200

2665

10:33:01

XLON

129

2665

10:37:55

XLON

1

2665

10:40:29

XLON

48

2665

10:40:29

XLON

254

2665

10:41:48

XLON

40

2675

11:22:08

XLON

84

2675

11:22:08

XLON

189

2675

11:22:08

XLON

206

2675

11:22:08

XLON

100

2685

11:29:17

XLON

6

2685

11:31:05

XLON

6

2685

11:31:05

XLON

62

2690

11:53:45

XLON

86

2705

12:12:35

XLON

15

2705

12:12:35

XLON

85

2705

12:12:35

XLON

18

2705

12:15:39

XLON

405

2705

12:15:39

XLON

47

2705

12:15:39

XLON

39

2705

12:15:39

XLON

158

2705

12:15:39

XLON

4

2700

12:20:45

XLON

65

2700

12:20:45

XLON

6

2710

12:35:03

XLON

2

2710

12:36:05

XLON

48

2710

12:36:05

XLON

100

2710

12:36:05

XLON

71

2710

12:36:09

XLON

81

2710

12:36:09

XLON

41

2705

12:36:09

XLON

82

2705

12:37:09

XLON

155

2705

12:37:09

XLON

16

2705

12:37:09

XLON

15

2705

12:37:09

XLON

1

2705

12:37:09

XLON

297

2705

12:46:27

XLON

7

2705

12:47:49

XLON

39

2705

12:47:49

XLON

275

2705

12:48:23

XLON

262

2705

12:51:32

XLON

59

2705

12:51:32

XLON

277

2690

13:03:44

XLON

29

2685

13:12:38

XLON

52

2685

13:12:39

XLON

39

2685

13:12:39

XLON

189

2685

13:12:39

XLON

23

2685

13:12:39

XLON

274

2680

13:29:50

XLON

60

2680

13:29:50

XLON

233

2680

13:29:50

XLON

42

2695

13:44:23

XLON

61

2695

13:44:23

XLON

67

2695

13:44:23

XLON

46

2705

13:52:59

XLON

181

2705

13:52:59

XLON

76

2705

13:52:59

XLON

128

2695

13:56:56

XLON

216

2695

13:56:56

XLON

159

2695

13:56:56

XLON

120

2695

13:56:56

XLON

103

2710

14:19:16

XLON

10

2710

14:19:16

XLON

165

2710

14:19:16

XLON

244

2710

14:19:16

XLON

87

2710

14:19:16

XLON

332

2710

14:29:09

XLON

10

2715

14:34:27

XLON

225

2715

14:34:27

XLON

96

2715

14:34:27

XLON

54

2715

14:34:27

XLON

150

2715

14:34:27

XLON

48

2715

14:34:27

XLON

22

2710

14:35:40

XLON

302

2710

14:35:40

XLON

339

2705

14:41:14

XLON

30

2705

14:41:14

XLON

245

2705

14:41:14

XLON

39

2705

14:51:59

XLON

56

2720

14:58:34

XLON

41

2725

14:59:33

XLON

70

2725

14:59:33

XLON

196

2725

14:59:33

XLON

52

2725

14:59:53

XLON

60

2725

14:59:53

XLON

86

2720

15:00:10

XLON

195

2720

15:00:10

XLON

61

2720

15:02:36

XLON

493

2710

15:02:56

XLON

281

2710

15:02:56

XLON

59

2710

15:07:03

XLON

52

2710

15:07:03

XLON

57

2710

15:15:06

XLON

261

2710

15:15:06

XLON

295

2715

15:18:13

XLON

7

2715

15:18:13

XLON

73

2710

15:21:16

XLON

56

2710

15:21:16

XLON

78

2710

15:21:47

XLON

52

2710

15:23:06

XLON

41

2710

15:23:06

XLON

43

2720

15:28:04

XLON

245

2720

15:28:12

XLON

63

2720

15:28:12

XLON

47

2720

15:28:12

XLON

64

2720

15:28:12

XLON

60

2720

15:29:02

XLON

61

2720

15:29:05

XLON

96

2715

15:29:28

XLON

228

2715

15:29:28

XLON

324

2715

15:43:28

XLON

69

2710

15:48:09

XLON

213

2710

15:48:09

XLON

82

2710

15:48:09

XLON

225

2715

15:52:38

XLON

59

2715

15:52:38

XLON

55

2715

15:55:39

XLON

79

2715

15:55:39

XLON

152

2715

15:55:39

XLON

5

2715

15:57:41

XLON

273

2715

15:57:41

XLON

135

2715

15:58:41

XLON

199

2715

15:58:41

XLON

90

2715

16:01:42

XLON

220

2715

16:01:42

XLON

26

2715

16:01:42

XLON

23

2710

16:05:16

XLON

229

2710

16:05:16

XLON

67

2705

16:11:16

XLON

66

2705

16:11:16

XLON

99

2705

16:11:17

XLON

45

2705

16:11:17

XLON

314

2710

16:15:04

XLON

28

2705

16:15:46

XLON

70

2705

16:15:46

XLON

41

2705

16:15:46

XLON

56

2705

16:15:47

XLON

112

2700

16:16:15

XLON

47

2710

16:22:47

XLON

 


LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFLFLDVAIILIV
UK 100