Transaction in Own Shares

RNS Number : 7762B

Bank of Georgia Group PLC

04 October 2022

 

London, 4 October 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 4 October 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:	4 October 2022
Number of Shares purchased:	15,500 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:	2015.0000p
Lowest price paid per Share:	1982.0000p
Average market price paid per share:	1995.7965p

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 48,122,305 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:  4 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1995.7965p	15,500

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
583	2000	08:30:00	XLON
500	2000	08:38:26	XLON
116	2000	08:38:26	XLON
553	2015	09:07:55	XLON
613	2010	09:09:35	XLON
609	2005	09:13:02	XLON
394	2000	09:36:47	XLON
77	2000	09:36:47	XLON
143	2000	09:47:39	XLON
198	1998	10:11:38	XLON
404	1998	10:11:38	XLON
604	1992	10:16:56	XLON
39	1988	10:52:16	XLON
53	1988	10:58:07	XLON
300	1988	10:58:07	XLON
209	1988	10:58:07	XLON
60	1984	11:16:49	XLON
300	1984	11:16:49	XLON
213	1984	11:16:49	XLON
514	2000	11:56:03	XLON
507	2000	11:56:03	XLON
506	2000	12:28:14	XLON
87	2000	12:39:10	XLON
426	2000	12:39:10	XLON
123	2000	12:49:06	XLON
194	2000	12:49:07	XLON
115	2000	12:49:07	XLON
74	2000	13:50:37	XLON
40	2000	13:59:52	XLON
270	2000	13:59:52	XLON
29	2000	13:59:52	XLON
292	2000	14:07:37	XLON
503	2000	14:07:37	XLON
609	2000	14:26:50	XLON
25	1998	14:31:55	XLON
476	1998	14:33:40	XLON
339	1990	14:50:28	XLON
23	1990	14:50:28	XLON
240	1990	14:50:28	XLON
430	1988	14:53:32	XLON
166	1988	14:53:32	XLON
10	1988	14:53:32	XLON
610	1986	15:04:13	XLON
127	1982	15:17:43	XLON
67	1982	15:19:34	XLON
97	1982	15:19:34	XLON
98	1982	15:19:34	XLON
19	1982	15:23:27	XLON
114	1982	15:23:27	XLON
97	1982	15:23:27	XLON
98	1982	15:23:27	XLON
27	1982	15:27:27	XLON
12	1982	15:27:27	XLON
79	1982	15:27:27	XLON
97	1982	15:27:27	XLON
98	1982	15:27:27	XLON
371	2000	15:45:35	XLON
218	2000	15:45:35	XLON
188	1986	15:51:30	XLON
327	1986	15:51:30	XLON
508	1986	16:07:25	XLON
282	1984	16:09:06	XLON

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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