Transaction in Own Shares

RNS Number : 8772V

Bank of Georgia Group PLC

11 April 2023

 

London, 11 April 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 11 April 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:	11 April 2023
Number of Shares purchased:	20,000 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:	2795.0000p
Lowest price paid per Share:	2750.0000p
Average market price paid per share:	2777.1480p

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 46,862,533 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:  11 April 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2777.1480p	20,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
375	2770	11:37:02	XLON
200	2770	11:47:46	XLON
214	2770	11:47:46	XLON
91	2770	11:47:46	XLON
125	2770	11:47:46	XLON
109	2770	11:47:46	XLON
170	2775	11:48:06	XLON
10	2775	11:49:06	XLON
57	2780	11:57:36	XLON
50	2780	11:57:36	XLON
80	2780	12:05:11	XLON
275	2780	12:05:11	XLON
14	2785	12:35:03	XLON
321	2795	12:59:37	XLON
411	2790	13:04:31	XLON
220	2790	13:04:31	XLON
195	2795	13:08:51	XLON
100	2795	13:08:51	XLON
138	2795	13:08:51	XLON
195	2795	13:08:51	XLON
33	2795	13:08:51	XLON
92	2795	13:08:51	XLON
91	2790	13:21:22	XLON
195	2790	13:21:22	XLON
91	2790	13:21:22	XLON
3	2790	13:21:22	XLON
309	2785	13:28:05	XLON
118	2785	13:29:32	XLON
109	2785	13:29:32	XLON
96	2785	13:29:32	XLON
174	2775	13:48:54	XLON
153	2775	13:48:54	XLON
344	2785	13:55:02	XLON
342	2785	14:00:14	XLON
396	2780	14:02:35	XLON
362	2785	14:03:14	XLON
308	2785	14:04:32	XLON
373	2785	14:04:32	XLON
549	2785	14:04:32	XLON
99	2780	14:04:38	XLON
205	2780	14:04:38	XLON
1310	2785	14:09:00	XLON
188	2785	14:19:00	XLON
135	2785	14:19:00	XLON
71	2785	14:30:00	XLON
45	2785	14:30:00	XLON
3	2785	14:30:00	XLON
273	2785	14:30:00	XLON
339	2775	14:42:07	XLON
68	2775	14:42:23	XLON
151	2775	14:42:23	XLON
55	2775	14:51:23	XLON
68	2775	14:51:23	XLON
233	2775	14:51:23	XLON
33	2775	14:58:48	XLON
318	2775	14:58:48	XLON
9	2775	15:00:48	XLON
337	2775	15:00:48	XLON
96	2770	15:01:38	XLON
41	2780	15:06:07	XLON
41	2780	15:06:07	XLON
329	2780	15:06:07	XLON
85	2780	15:06:07	XLON
120	2780	15:06:07	XLON
39	2780	15:06:07	XLON
120	2780	15:06:07	XLON
341	2775	15:07:40	XLON
336	2775	15:13:40	XLON
365	2775	15:17:40	XLON
371	2775	15:21:40	XLON
69	2770	15:24:40	XLON
288	2770	15:24:40	XLON
10	2780	15:36:19	XLON
74	2780	15:36:19	XLON
108	2780	15:36:19	XLON
108	2780	15:36:19	XLON
138	2780	15:36:19	XLON
53	2775	15:36:19	XLON
574	2775	15:36:19	XLON
114	2775	15:36:19	XLON
74	2775	15:36:21	XLON
3	2775	15:36:21	XLON
10	2775	15:36:22	XLON
33	2775	15:36:22	XLON
91	2775	15:36:22	XLON
32	2775	15:36:22	XLON
91	2775	15:36:22	XLON
64	2775	15:36:22	XLON
47	2775	15:37:38	XLON
98	2775	15:37:38	XLON
20	2775	15:37:38	XLON
10	2765	15:42:21	XLON
125	2765	15:42:21	XLON
125	2765	15:42:21	XLON
68	2765	15:42:21	XLON
490	2770	15:42:21	XLON
44	2770	15:42:21	XLON
268	2770	15:42:21	XLON
166	2770	15:46:25	XLON
138	2770	15:46:25	XLON
14	2770	15:46:25	XLON
19	2770	15:46:25	XLON
53	2770	15:46:25	XLON
7	2770	15:46:25	XLON
315	2770	16:00:32	XLON
345	2770	16:00:32	XLON
150	2765	16:02:47	XLON
161	2765	16:02:47	XLON
13	2765	16:02:47	XLON
302	2760	16:03:30	XLON
312	2755	16:06:42	XLON
21	2760	16:11:46	XLON
138	2760	16:11:46	XLON
120	2760	16:11:46	XLON
114	2750	16:11:58	XLON
218	2750	16:11:58	XLON
45	2755	16:21:59	XLON
225	2755	16:22:04	XLON
183	2760	16:22:23	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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