Transaction in Own Shares

RNS Number : 0573A

Bank of Georgia Group PLC

20 September 2022

 

London, 20 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 20 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:	20 September 2022
Number of Shares purchased:	23,612 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:	2120.0000p
Lowest price paid per Share:	2085.0000p
Average market price paid per share:	2095.6524p

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 48,349,303 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:  20 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2095.6524p	23,612

Number of shares purchased	Transaction price (per share)	Time of transaction
136	2115	08:03:29
126	2115	08:10:43
504	2115	08:10:43
556	2115	08:10:48
663	2120	08:16:10
650	2110	08:26:03
18	2105	08:26:11
108	2105	08:26:12
162	2105	08:37:56
380	2105	08:37:56
626	2100	08:38:01
650	2095	08:56:51
58	2090	08:56:57
286	2090	09:18:03
239	2090	09:18:03
57	2100	09:41:09
606	2100	09:41:09
571	2095	09:41:43
572	2090	09:57:50
662	2085	09:57:58
651	2095	10:36:37
654	2090	11:00:11
9	2095	11:49:28
647	2095	11:49:28
136	2095	11:49:28
72	2095	11:49:28
312	2100	12:18:10
56	2100	12:18:10
46	2100	12:18:10
91	2100	12:18:10
222	2100	12:18:30
225	2100	12:18:30
68	2100	12:18:30
627	2100	12:34:20
140	2100	12:50:20
157	2100	12:50:20
65	2100	12:50:20
193	2095	12:50:52
69	2095	12:50:52
412	2095	12:50:52
554	2090	13:06:40
569	2090	13:06:40
653	2085	13:32:00
556	2085	14:31:12
529	2085	14:31:12
144	2085	14:31:12
1	2090	14:49:35
549	2090	14:49:35
619	2090	14:49:35
6	2090	14:49:35
761	2085	14:54:30
2	2085	15:04:32
2	2085	15:19:37
201	2090	15:35:37
1000	2090	15:35:37
250	2090	15:35:37
197	2090	15:35:37
250	2090	15:35:37
28	2090	15:35:37
250	2090	15:35:37
248	2090	15:35:37
250	2090	15:35:37
183	2090	15:35:37
73	2090	15:35:37
137	2090	15:35:37
160	2090	15:35:37
414	2090	15:35:37
32	2095	15:55:41
225	2095	15:55:41
25	2100	15:59:29
82	2100	15:59:29
534	2100	15:59:29
159	2100	16:01:29
358	2100	16:01:29
176	2100	16:01:29
63	2100	16:01:29
19	2100	16:01:29
275	2100	16:14:27
212	2100	16:14:27
73	2100	16:14:27
88	2100	16:14:27
196	2100	16:14:27
27	2095	16:16:13

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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