Transaction in Own Shares

RNS Number : 8363W

Bank of Georgia Group PLC

22 August 2022

 

London, 22 August 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 22 August 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:	22 August 2022
Number of Shares purchased:	18,695 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:	2090.0000p
Lowest price paid per Share:	2045.0000p
Average market price paid per share:	2070.0048p

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 48,759,439 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:  22 August 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2070.0048p	18,695

Number of shares purchased	Transaction price (per share)	Time of transaction
81	2075	08:17:04
461	2065	08:18:35
15	2060	08:18:36
382	2060	08:18:36
3	2055	08:20:17
389	2055	08:20:17
220	2055	08:32:05
75	2055	08:32:05
104	2055	08:32:05
377	2055	08:46:46
333	2060	09:34:42
407	2060	09:34:42
185	2055	09:34:43
233	2055	09:34:43
22	2055	09:34:43
352	2060	10:10:54
349	2060	10:10:54
398	2055	10:12:37
338	2055	10:12:38
51	2055	10:12:38
404	2055	10:36:29
342	2045	10:36:29
348	2045	10:43:51
36	2045	10:43:51
393	2050	11:06:35
340	2050	11:06:35
103	2045	11:06:43
75	2045	11:06:43
75	2045	11:06:43
75	2045	11:06:43
17	2045	11:06:43
57	2045	11:06:43
557	2065	11:44:03
168	2065	12:27:05
3	2070	12:34:45
4	2070	13:04:36
352	2070	13:18:53
148	2070	13:18:53
145	2070	13:18:53
92	2070	13:18:53
327	2070	13:18:53
327	2070	13:18:53
398	2070	13:18:53
213	2065	13:19:36
328	2065	13:19:36
27	2060	13:19:54
46	2060	13:19:54
270	2060	13:19:54
400	2060	13:42:31
5	2060	13:42:31
248	2080	14:08:38
132	2080	14:08:38
361	2080	14:20:50
2	2090	14:31:15
365	2090	14:33:37
339	2090	14:33:37
401	2090	14:33:37
406	2090	15:11:13
390	2090	15:11:13
347	2090	15:11:13
396	2090	15:11:13
394	2090	15:11:13
595	2085	15:15:32
348	2085	15:20:57
381	2080	15:26:44
382	2080	15:39:42
328	2080	15:39:42
237	2075	15:40:14
87	2075	15:40:14
90	2075	15:40:14
55	2075	16:02:09
828	2085	16:18:50
225	2085	16:18:50
75	2085	16:18:50
71	2085	16:18:50
75	2085	16:18:50
16	2085	16:18:50
75	2085	16:18:50
138	2085	16:18:55
58	2085	16:23:40

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]

---

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

 

END

 

 

POSFLFLDTEIFFIF