Transaction in Own Shares

RNS Number : 5627S

Bank of Georgia Group PLC

14 July 2022

 

London, 14 July 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 14 July 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:	14 July 2022
Number of Shares purchased:	8,192 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:	1422.0000p
Lowest price paid per Share:	1374.0000p
Average market price paid per share:	1397.2727p

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 49,115,153 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 July 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1397.2727p	8,192

Number of shares purchased	Transaction price (per share)	Time of transaction
197	1414	08:59:20
10	1420	09:08:39
31	1420	09:08:39
200	1422	09:13:29
200	1420	09:23:42
196	1416	09:29:17
205	1416	10:17:49
129	1414	10:20:41
94	1414	10:20:41
161	1410	10:34:00
35	1410	10:34:00
14	1408	10:44:18
200	1408	10:44:18
30	1404	11:24:43
18	1404	11:24:43
142	1404	11:24:43
12	1406	11:45:11
200	1406	11:45:11
110	1396	11:50:49
94	1396	11:50:49
8	1392	11:53:49
38	1392	11:54:38
154	1392	11:54:49
11	1392	11:54:49
205	1394	12:12:41
131	1398	12:13:49
90	1398	12:13:49
203	1402	12:34:05
130	1404	12:35:09
71	1404	12:35:09
70	1404	13:01:08
151	1404	13:01:08
192	1400	13:25:39
149	1402	13:27:49
189	1404	13:41:19
7	1404	13:41:19
55	1406	13:41:19
200	1406	13:41:19
53	1406	14:11:29
26	1410	14:24:15
200	1410	14:24:15
7	1410	14:30:03
204	1410	14:30:03
194	1404	14:36:19
216	1396	14:45:10
213	1398	14:56:27
33	1392	15:04:31
107	1394	15:04:31
105	1394	15:04:31
200	1390	15:15:56
200	1386	15:22:41
203	1380	15:36:27
182	1376	15:42:09
204	1376	15:59:17
200	1376	15:59:17
51	1376	15:59:17
2	1376	15:59:59
200	1376	15:59:59
200	1376	16:02:08
214	1374	16:14:21
58	1378	16:21:28
167	1378	16:21:28
233	1380	16:35:29
188	1380	16:35:29

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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