Transaction in Own Shares

RNS Number : 8093S

Bank of Georgia Group PLC

13 March 2023

 

London, 13 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 13 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:	13 March 2023
Number of Shares purchased:	20,750 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:	2600.0000p
Lowest price paid per Share:	2420.0000p
Average market price paid per share:	2474.9082p

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 47,320,732 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:  13 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2474.9082p	20,750

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
300	2590	08:08:26	XLON
45	2600	08:08:26	XLON
128	2600	08:08:26	XLON
166	2600	08:08:26	XLON
18	2590	08:09:05	XLON
357	2590	08:09:05	XLON
20	2590	08:09:05	XLON
303	2570	08:12:32	XLON
293	2560	08:14:12	XLON
153	2555	08:15:10	XLON
181	2555	08:15:10	XLON
6	2545	08:15:43	XLON
136	2545	08:15:43	XLON
154	2545	08:15:43	XLON
339	2575	08:29:46	XLON
279	2560	08:29:48	XLON
121	2570	08:34:46	XLON
106	2570	08:36:04	XLON
131	2570	08:37:52	XLON
98	2570	08:37:52	XLON
107	2570	08:37:52	XLON
288	2565	08:43:04	XLON
43	2565	08:43:04	XLON
45	2540	08:46:29	XLON
225	2540	08:46:29	XLON
50	2540	08:46:29	XLON
314	2510	08:59:37	XLON
311	2530	09:19:39	XLON
278	2520	09:20:52	XLON
19	2495	09:29:29	XLON
317	2495	09:29:29	XLON
83	2470	09:37:37	XLON
194	2470	09:38:02	XLON
271	2460	09:53:24	XLON
61	2460	09:53:24	XLON
25	2445	10:09:38	XLON
263	2445	10:09:38	XLON
282	2450	10:17:01	XLON
8	2450	10:17:01	XLON
274	2450	10:17:01	XLON
11	2450	10:17:01	XLON
275	2445	10:37:18	XLON
323	2440	10:47:44	XLON
16	2490	11:10:01	XLON
271	2490	11:10:01	XLON
275	2495	11:22:16	XLON
275	2500	11:22:16	XLON
323	2490	11:44:34	XLON
1	2490	11:44:34	XLON
75	2490	11:44:34	XLON
75	2490	11:44:34	XLON
141	2490	11:44:34	XLON
339	2485	12:02:11	XLON
338	2465	12:10:52	XLON
174	2455	12:32:56	XLON
138	2455	12:32:56	XLON
75	2455	12:47:30	XLON
216	2455	12:47:30	XLON
36	2455	12:47:30	XLON
6	2455	13:03:31	XLON
278	2455	13:05:51	XLON
301	2450	13:14:23	XLON
44	2440	13:14:23	XLON
75	2440	13:14:23	XLON
170	2440	13:14:23	XLON
338	2435	13:30:33	XLON
75	2430	13:34:04	XLON
225	2430	13:34:04	XLON
63	2430	13:34:04	XLON
319	2425	13:35:17	XLON
311	2435	14:00:03	XLON
87	2425	14:00:12	XLON
333	2445	14:15:12	XLON
333	2445	14:15:12	XLON
91	2445	14:19:03	XLON
209	2445	14:19:03	XLON
277	2450	14:26:21	XLON
313	2445	14:31:11	XLON
333	2445	14:31:11	XLON
55	2445	14:31:11	XLON
46	2445	14:31:11	XLON
328	2450	14:38:54	XLON
308	2450	14:39:13	XLON
277	2435	14:43:13	XLON
61	2430	14:48:52	XLON
228	2430	14:50:59	XLON
50	2430	14:50:59	XLON
75	2420	14:53:38	XLON
209	2420	14:53:38	XLON
64	2435	15:13:38	XLON
157	2435	15:13:38	XLON
75	2435	15:13:38	XLON
11	2435	15:13:38	XLON
3	2435	15:13:38	XLON
150	2435	15:13:38	XLON
75	2435	15:13:38	XLON
141	2435	15:13:38	XLON
75	2435	15:13:38	XLON
95	2435	15:13:38	XLON
75	2435	15:13:38	XLON
53	2435	15:13:38	XLON
69	2430	15:24:34	XLON
217	2430	15:24:34	XLON
29	2440	15:34:38	XLON
24	2440	15:34:38	XLON
60	2440	15:34:38	XLON
73	2440	15:34:38	XLON
107	2440	15:34:38	XLON
280	2435	15:36:08	XLON
84	2435	15:36:08	XLON
67	2435	15:36:08	XLON
83	2435	15:36:08	XLON
2	2435	15:36:08	XLON
3	2435	15:36:08	XLON
75	2435	15:36:08	XLON
16	2435	15:36:08	XLON
52	2435	15:36:08	XLON
24	2425	15:43:03	XLON
103	2425	15:43:03	XLON
204	2425	15:43:03	XLON
82	2435	15:54:29	XLON
3	2435	15:54:29	XLON
4	2435	15:54:29	XLON
229	2435	15:54:29	XLON
273	2440	16:01:07	XLON
61	2440	16:01:08	XLON
334	2435	16:03:24	XLON
28	2435	16:03:37	XLON
7	2435	16:05:37	XLON
1	2435	16:05:37	XLON
6	2435	16:05:37	XLON
341	2435	16:07:22	XLON
292	2430	16:07:27	XLON
288	2425	16:12:20	XLON
159	2435	16:20:03	XLON
109	2435	16:20:03	XLON

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

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
[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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