Transaction in Own Shares

RNS Number : 2438B

Bank of Georgia Group PLC

29 September 2022

 

London, 29 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 29 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:	29 September 2022
Number of Shares purchased:	26,000 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:	1996.0000p
Lowest price paid per Share:	1930.0000p
Average market price paid per share:	1964.9816p

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 48,178,305 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:  29 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1964.9816p	26,000

Number of shares purchased	Transaction price (per share)	Time of transaction
45	1996	08:06:05
95	1996	08:06:05
138	1990	08:10:29
250	1990	08:10:29
196	1990	08:10:29
148	1986	08:10:39
250	1986	08:10:39
250	1986	08:10:39
39	1986	08:10:39
200	1986	08:10:39
374	1986	08:10:39
184	1980	08:18:57
250	1980	08:18:57
250	1980	08:18:57
392	1960	08:44:24
422	1960	08:44:24
428	1956	08:45:28
250	1956	08:45:28
579	1972	09:22:18
630	1974	09:39:32
151	1980	10:03:38
476	1980	10:03:38
638	1976	10:05:00
34	1976	10:05:00
510	1974	10:18:33
57	1974	10:18:33
566	1972	10:22:01
245	1972	10:35:21
339	1972	10:35:21
663	1980	11:02:29
565	1982	11:16:40
59	1982	11:16:40
67	1982	11:16:40
564	1980	11:58:06
31	1980	11:58:06
653	1976	12:07:37
42	1976	12:07:37
1	1978	12:14:15
250	1976	12:21:52
35	1976	12:21:52
565	1976	12:35:32
109	1976	12:35:32
250	1976	12:35:32
241	1974	12:43:22
54	1974	12:43:22
28	1974	12:43:22
344	1974	12:50:00
163	1972	12:57:11
234	1972	12:57:11
250	1972	12:57:11
22	1972	12:57:11
630	1966	13:12:12
155	1962	13:30:31
479	1962	13:30:31
696	1952	13:37:04
979	1970	14:31:03
79	1970	14:31:03
247	1970	14:31:03
208	1970	14:31:03
123	1970	14:31:03
251	1970	14:35:00
400	1970	14:35:00
601	1970	14:35:00
433	1966	14:43:20
174	1966	14:43:20
639	1958	14:53:54
335	1950	15:06:29
257	1950	15:06:29
499	1948	15:07:44
184	1948	15:07:44
7	1942	15:13:37
255	1942	15:15:42
99	1942	15:15:42
98	1942	15:15:42
115	1942	15:15:42
7	1934	15:19:52
446	1942	15:24:51
250	1942	15:24:51
22	1940	15:28:31
71	1940	15:28:31
130	1936	15:32:22
37	1936	15:32:22
65	1938	15:32:22
7	1938	15:32:22
36	1938	15:32:22
130	1938	15:32:22
130	1938	15:32:22
150	1938	15:32:22
353	1936	15:45:06
130	1936	15:45:06
130	1936	15:45:06
6	1936	15:45:06
8	1930	15:46:06
81	1930	15:48:38
422	1930	15:48:38
114	1930	15:48:38
71	1934	15:57:56
8	1934	15:57:56
609	1934	16:00:56
25	1944	16:06:46
18	1944	16:06:46
317	1948	16:08:44
8	1948	16:08:44
37	1948	16:09:24
68	1948	16:09:24
481	1952	16:12:53
114	1952	16:12:53

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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