Transaction in Own Shares

RNS Number : 0630B

Bank of Georgia Group PLC

28 September 2022

 

London, 28 September 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 28 September 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:	28 September 2022
Number of Shares purchased:	25,280 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:	2050.0000p
Lowest price paid per Share:	1976.0000p
Average market price paid per share:	2004.3188p

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 48,204,305 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:  28 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2004.3188p	25,280

Number of shares purchased	Transaction price (per share)	Time of transaction
500	1996	08:19:39
79	1996	08:19:39
663	1992	08:20:19
664	1988	08:28:57
556	1988	08:38:53
250	1988	08:59:26
319	1988	08:59:26
550	1986	09:02:02
525	1994	09:28:29
155	1994	09:28:29
655	1998	09:42:26
568	2015	10:05:53
9	2015	10:05:53
627	2015	10:05:53
142	2015	10:05:53
79	2015	10:05:53
158	2015	10:05:53
12	2015	10:05:53
139	2010	10:06:04
506	2010	10:06:04
14	2010	10:06:04
21	2010	10:07:11
6	2010	10:39:18
347	2010	10:39:18
217	2015	10:58:14
11	2010	11:01:24
500	2010	11:01:24
39	2010	11:01:24
390	2015	11:01:24
215	2015	11:01:24
114	2020	11:07:37
485	2020	11:07:37
153	2050	11:33:10
122	2050	11:33:10
122	2050	11:33:10
35	2050	11:33:10
629	2045	11:36:40
39	2045	11:36:56
345	2045	11:36:56
203	2045	11:36:56
36	2035	12:04:43
280	2035	12:04:43
262	2035	12:04:43
18	2030	12:08:07
580	2030	12:08:14
628	2025	12:14:19
52	2020	12:46:37
523	2020	12:46:37
474	2000	13:12:01
172	2000	13:12:01
470	2000	13:25:11
69	2000	13:27:01
51	2000	13:27:20
384	2000	13:27:20
301	2000	13:27:20
168	1982	13:40:01
167	1982	13:40:01
190	1978	14:07:39
250	1978	14:07:39
141	1978	14:07:39
152	1980	14:07:39
97	1980	14:07:39
96	1980	14:07:39
151	1980	14:07:39
149	1980	14:07:39
181	1992	14:28:29
306	1992	14:28:29
174	1992	14:28:29
442	1988	14:30:00
110	1988	14:30:00
235	1976	14:37:58
250	1976	14:37:58
144	1976	14:37:58
32	2000	14:53:31
701	2000	14:53:31
156	2000	14:53:31
164	2000	14:53:31
98	2000	14:53:31
582	1996	14:57:58
148	1986	15:04:56
172	1986	15:04:56
172	1986	15:04:56
302	1986	15:17:04
307	1986	15:17:04
185	2005	15:36:17
41	2005	15:36:17
129	2005	15:36:17
129	2005	15:36:17
766	2005	15:38:17
37	2005	15:38:17
593	2000	15:39:34
658	2000	16:00:53
1042	2015	16:20:43

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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