Transaction in Own Shares

RNS Number : 7764D

Bank of Georgia Group PLC

21 October 2022

 

London, 21 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 21 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:	21 October 2022
Number of Shares purchased:	13,500 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:	2030.0000p
Lowest price paid per Share:	2005.0000p
Average market price paid per share:	2014.6044p

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 47,934,655 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:  21 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2014.6044p	13,500

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
404	2020	08:50:51	XLON
27	2015	09:20:19	XLON
480	2015	09:20:19	XLON
100	2010	09:31:54	XLON
200	2010	09:31:54	XLON
82	2010	09:31:54	XLON
151	2005	10:28:30	XLON
31	2010	11:01:42	XLON
106	2010	11:01:42	XLON
106	2010	11:01:42	XLON
101	2010	11:01:42	XLON
144	2010	11:01:42	XLON
97	2010	11:01:42	XLON
55	2005	11:16:48	XLON
192	2005	11:16:48	XLON
338	2005	11:16:48	XLON
125	2005	11:16:48	XLON
54	2010	12:33:42	XLON
22	2010	12:33:42	XLON
96	2010	12:33:42	XLON
97	2010	12:33:42	XLON
36	2010	12:33:42	XLON
21	2010	12:33:42	XLON
104	2010	12:57:42	XLON
51	2015	13:12:42	XLON
200	2015	13:12:42	XLON
143	2015	13:12:42	XLON
103	2015	13:12:42	XLON
101	2015	13:12:42	XLON
174	2015	13:12:42	XLON
140	2015	13:12:42	XLON
36	2015	13:12:42	XLON
229	2010	13:17:36	XLON
345	2010	13:17:36	XLON
29	2005	13:49:01	XLON
200	2005	13:49:01	XLON
3	2005	13:49:39	XLON
23	2005	13:51:12	XLON
79	2005	13:51:12	XLON
374	2005	13:51:12	XLON
1	2010	14:07:14	XLON
72	2010	14:07:14	XLON
166	2010	14:09:14	XLON
93	2010	14:09:14	XLON
366	2005	14:13:48	XLON
127	2005	14:13:48	XLON
249	2005	14:13:48	XLON
24	2005	14:13:48	XLON
101	2010	14:36:22	XLON
280	2010	14:36:22	XLON
124	2010	14:36:22	XLON
124	2010	14:36:22	XLON
145	2010	14:36:22	XLON
188	2020	14:46:38	XLON
101	2020	14:46:38	XLON
235	2020	14:48:38	XLON
120	2020	14:48:38	XLON
17	2020	14:48:38	XLON
262	2025	14:53:40	XLON
138	2025	14:53:40	XLON
73	2025	14:53:40	XLON
284	2025	14:54:40	XLON
148	2025	14:54:40	XLON
42	2025	14:54:40	XLON
205	2030	15:01:10	XLON
140	2030	15:01:10	XLON
322	2030	15:07:30	XLON
155	2030	15:07:30	XLON
155	2030	15:07:30	XLON
377	2025	15:14:07	XLON
23	2020	15:21:08	XLON
100	2020	15:21:08	XLON
271	2020	15:21:08	XLON
110	2015	15:27:03	XLON
261	2015	15:27:03	XLON
78	2015	15:46:40	XLON
155	2015	15:46:40	XLON
115	2015	15:46:40	XLON
262	2015	15:52:40	XLON
107	2015	15:52:40	XLON
30	2015	15:56:10	XLON
22	2015	15:56:10	XLON
7	2015	15:56:10	XLON
155	2015	15:56:10	XLON
155	2015	15:56:10	XLON
169	2010	15:58:17	XLON
100	2010	15:58:17	XLON
90	2010	15:58:17	XLON
466	2015	16:14:45	XLON
137	2015	16:14:45	XLON
101	2015	16:22:58	XLON
31	2015	16:22:58	XLON
155	2015	16:22:58	XLON
133	2015	16:22:58	XLON
34	2015	16:22:58	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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