Transaction in Own Shares

RNS Number : 9685S

Bank of Georgia Group PLC

14 March 2023

 

London, 14 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 14 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:	14 March 2023
Number of Shares purchased:	23,500 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:	2585.0000p
Lowest price paid per Share:	2420.0000p
Average market price paid per share:	2519.9015p

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 47,297,232 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:  14 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2519.9015p	23,500

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
23	2430	08:11:57	XLON
25	2430	08:11:57	XLON
378	2430	08:11:57	XLON
54	2425	08:11:58	XLON
57	2425	08:11:58	XLON
63	2425	08:12:00	XLON
176	2425	08:12:00	XLON
91	2430	08:19:09	XLON
221	2430	08:19:09	XLON
386	2425	08:19:09	XLON
45	2420	08:19:09	XLON
249	2420	08:19:11	XLON
34	2420	08:19:15	XLON
100	2425	08:22:16	XLON
103	2425	08:22:16	XLON
93	2425	08:22:16	XLON
47	2430	08:38:40	XLON
316	2435	08:42:46	XLON
126	2430	08:42:46	XLON
59	2435	08:45:16	XLON
317	2435	08:45:16	XLON
375	2430	08:45:20	XLON
343	2455	09:00:52	XLON
308	2455	09:00:52	XLON
72	2450	09:00:53	XLON
19	2450	09:07:05	XLON
42	2450	09:08:09	XLON
189	2450	09:08:09	XLON
117	2445	09:08:13	XLON
303	2450	09:17:27	XLON
334	2460	09:52:22	XLON
316	2460	09:52:22	XLON
193	2455	10:15:40	XLON
295	2455	10:15:40	XLON
149	2455	10:15:40	XLON
34	2445	10:19:33	XLON
44	2445	10:19:33	XLON
72	2445	10:19:37	XLON
63	2445	10:19:37	XLON
10	2445	10:19:40	XLON
42	2445	10:19:40	XLON
68	2445	10:19:40	XLON
162	2465	10:57:26	XLON
307	2465	10:57:26	XLON
109	2465	10:57:26	XLON
7	2465	10:57:26	XLON
35	2475	11:27:00	XLON
339	2480	11:27:26	XLON
283	2480	11:27:26	XLON
315	2475	11:29:26	XLON
26	2475	11:38:55	XLON
37	2475	11:39:01	XLON
200	2475	11:39:01	XLON
34	2475	11:39:01	XLON
31	2500	11:56:35	XLON
166	2500	11:56:46	XLON
88	2500	11:56:46	XLON
100	2500	11:56:46	XLON
12	2500	11:56:46	XLON
100	2500	11:56:46	XLON
39	2500	11:56:46	XLON
115	2500	11:56:46	XLON
129	2495	11:58:39	XLON
42	2495	11:58:39	XLON
53	2495	12:00:33	XLON
70	2495	12:00:33	XLON
30	2495	12:00:33	XLON
101	2495	12:00:35	XLON
100	2495	12:00:35	XLON
51	2495	12:08:12	XLON
44	2495	12:08:17	XLON
12	2495	12:13:17	XLON
10	2495	12:13:17	XLON
294	2495	12:18:20	XLON
16	2495	12:18:20	XLON
30	2500	12:30:00	XLON
64	2500	12:30:00	XLON
50	2500	12:30:00	XLON
100	2500	12:30:00	XLON
62	2500	12:30:00	XLON
370	2495	12:30:55	XLON
49	2540	13:04:18	XLON
105	2540	13:04:18	XLON
36	2540	13:04:18	XLON
138	2540	13:04:18	XLON
19	2555	13:11:56	XLON
25	2555	13:11:56	XLON
100	2555	13:11:56	XLON
200	2555	13:11:56	XLON
2	2555	13:11:56	XLON
336	2555	13:18:12	XLON
369	2555	13:18:12	XLON
308	2555	13:18:12	XLON
309	2550	13:26:36	XLON
14	2560	13:51:11	XLON
32	2560	13:51:11	XLON
342	2560	13:51:11	XLON
131	2560	13:51:11	XLON
107	2560	13:51:11	XLON
393	2560	13:51:11	XLON
26	2560	13:51:11	XLON
100	2560	13:51:11	XLON
100	2560	13:51:11	XLON
104	2560	13:51:11	XLON
332	2580	14:07:00	XLON
108	2585	14:11:06	XLON
203	2585	14:11:06	XLON
290	2585	14:14:06	XLON
128	2580	14:14:06	XLON
100	2580	14:14:06	XLON
62	2580	14:14:06	XLON
134	2575	14:14:06	XLON
54	2575	14:14:06	XLON
180	2575	14:14:06	XLON
5	2570	14:18:53	XLON
1	2570	14:18:53	XLON
77	2570	14:18:59	XLON
16	2570	14:18:59	XLON
182	2570	14:19:00	XLON
43	2570	14:19:06	XLON
42	2570	14:19:06	XLON
45	2570	14:19:06	XLON
117	2570	14:19:06	XLON
303	2565	14:28:55	XLON
8	2565	14:28:55	XLON
66	2565	14:28:55	XLON
247	2565	14:28:55	XLON
282	2560	14:30:00	XLON
49	2560	14:30:00	XLON
79	2565	14:38:51	XLON
258	2565	14:38:51	XLON
20	2555	14:47:00	XLON
306	2555	14:52:13	XLON
88	2560	14:52:13	XLON
136	2560	14:52:13	XLON
79	2560	14:52:13	XLON
307	2550	14:57:30	XLON
277	2550	14:59:45	XLON
27	2570	15:34:02	XLON
31	2570	15:34:03	XLON
595	2570	15:34:03	XLON
38	2570	15:34:03	XLON
200	2570	15:34:07	XLON
484	2570	15:34:07	XLON
39	2570	15:34:07	XLON
33	2585	15:40:29	XLON
418	2585	15:40:30	XLON
288	2585	15:43:32	XLON
29	2585	15:43:40	XLON
339	2585	15:46:40	XLON
4	2580	15:47:38	XLON
284	2580	15:47:38	XLON
87	2585	15:55:52	XLON
31	2585	15:55:52	XLON
164	2585	15:55:52	XLON
25	2585	15:55:52	XLON
12	2585	16:00:52	XLON
54	2585	16:00:52	XLON
85	2585	16:00:52	XLON
36	2585	16:00:52	XLON
10	2585	16:00:52	XLON
7	2585	16:05:52	XLON
301	2585	16:06:15	XLON
71	2585	16:06:15	XLON
266	2585	16:06:15	XLON
29	2585	16:11:15	XLON
263	2585	16:11:15	XLON
38	2585	16:11:15	XLON
40	2585	16:11:15	XLON
7	2585	16:15:17	XLON
6	2585	16:15:17	XLON
292	2585	16:16:18	XLON
186	2580	16:20:43	XLON
145	2580	16:20:43	XLON
83	2585	16:22:43	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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