Transaction in Own Shares

RNS Number : 0258W

Bank of Georgia Group PLC

12 April 2023

 

London, 12 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 12 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:	12 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:	2800.0000p
Lowest price paid per Share:	2765.0000p
Average market price paid per share:	2788.8113p

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 46,842,533 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:  12 April 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2788.8113p	20,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
261	2790	11:29:06	XLON
174	2790	11:29:06	XLON
407	2785	11:29:09	XLON
25	2785	11:29:09	XLON
155	2780	11:59:16	XLON
51	2780	11:59:16	XLON
113	2780	11:59:16	XLON
352	2770	12:51:06	XLON
46	2765	12:51:07	XLON
88	2765	12:51:07	XLON
19	2765	12:51:07	XLON
166	2765	12:51:07	XLON
327	2775	13:01:28	XLON
48	2775	13:08:28	XLON
299	2775	13:08:28	XLON
471	2770	13:19:47	XLON
361	2780	13:31:39	XLON
100	2790	13:38:03	XLON
2051	2790	13:38:52	XLON
106	2790	13:38:52	XLON
153	2785	13:38:52	XLON
22	2785	13:39:53	XLON
207	2785	13:39:53	XLON
319	2785	13:39:53	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
79	2800	13:47:38	XLON
16	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:47:38	XLON
115	2800	13:48:47	XLON
115	2800	13:48:47	XLON
115	2800	13:48:47	XLON
115	2800	13:48:48	XLON
115	2800	13:48:48	XLON
115	2800	13:49:48	XLON
31	2800	13:49:48	XLON
77	2800	13:52:48	XLON
115	2800	13:53:48	XLON
95	2800	13:53:48	XLON
115	2800	13:58:02	XLON
115	2800	13:58:02	XLON
115	2800	14:01:02	XLON
88	2800	14:01:02	XLON
53	2800	14:01:02	XLON
115	2800	14:08:02	XLON
39	2800	14:08:02	XLON
83	2800	14:08:02	XLON
116	2800	14:08:02	XLON
76	2800	14:15:02	XLON
115	2800	14:15:02	XLON
31	2800	14:15:02	XLON
84	2800	14:15:02	XLON
115	2800	14:21:02	XLON
39	2800	14:21:02	XLON
115	2800	14:24:02	XLON
31	2800	14:24:02	XLON
82	2800	14:24:02	XLON
115	2800	14:31:02	XLON
31	2800	14:31:02	XLON
79	2800	14:31:02	XLON
39	2800	14:31:02	XLON
18	2800	14:31:02	XLON
162	2795	14:34:15	XLON
115	2800	14:37:58	XLON
198	2800	14:37:58	XLON
115	2800	14:37:58	XLON
19	2800	14:38:15	XLON
93	2800	14:38:15	XLON
115	2800	14:38:15	XLON
115	2800	14:38:25	XLON
107	2800	14:38:25	XLON
79	2800	14:38:25	XLON
115	2800	14:41:25	XLON
76	2800	14:41:25	XLON
42	2800	14:44:25	XLON
77	2800	14:44:25	XLON
31	2800	14:44:25	XLON
77	2800	14:44:25	XLON
371	2795	14:47:04	XLON
231	2795	14:55:48	XLON
366	2790	14:59:02	XLON
236	2790	14:59:02	XLON
17	2790	14:59:02	XLON
125	2785	15:18:52	XLON
114	2785	15:18:52	XLON
303	2785	15:18:52	XLON
119	2785	15:18:52	XLON
15	2785	15:18:52	XLON
49	2790	15:19:34	XLON
31	2790	15:19:34	XLON
430	2790	15:23:35	XLON
338	2790	15:23:35	XLON
94	2790	15:23:35	XLON
318	2790	15:23:35	XLON
102	2785	15:26:52	XLON
125	2785	15:26:52	XLON
125	2785	15:26:52	XLON
14	2785	15:26:52	XLON
5	2790	15:32:46	XLON
250	2790	15:32:46	XLON
89	2790	15:32:46	XLON
14	2785	15:33:38	XLON
334	2785	15:33:38	XLON
392	2785	15:33:38	XLON
36	2790	15:33:38	XLON
326	2785	15:43:19	XLON
15	2785	15:44:19	XLON
39	2785	15:44:19	XLON
31	2785	15:44:19	XLON
81	2785	15:44:19	XLON
104	2785	15:44:19	XLON
65	2785	15:44:19	XLON
616	2785	15:53:35	XLON
332	2785	15:56:35	XLON
318	2780	16:04:00	XLON
162	2780	16:08:03	XLON
22	2780	16:08:03	XLON
49	2780	16:08:03	XLON
113	2780	16:10:03	XLON
317	2780	16:10:03	XLON
333	2780	16:12:03	XLON
400	2775	16:28:10	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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