Transaction in Own Shares

RNS Number : 8031E

Bank of Georgia Group PLC

31 October 2022

 

London, 31 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 31 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:	31 October 2022
Number of Shares purchased:	11,000 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:	2165.0000p
Lowest price paid per Share:	2110.0000p
Average market price paid per share:	2137.3509p

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 47,866,655 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:  31 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2137.3509p	11,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
50	2130	08:41:57	XLON
55	2130	08:41:57	XLON
134	2120	08:47:40	XLON
295	2120	08:47:40	XLON
462	2150	09:08:25	XLON
46	2150	09:08:25	XLON
27	2165	09:34:37	XLON
5	2165	09:35:54	XLON
1	2165	09:39:56	XLON
19	2165	09:41:39	XLON
292	2165	09:42:59	XLON
110	2165	09:42:59	XLON
70	2165	09:42:59	XLON
92	2165	09:42:59	XLON
92	2165	09:42:59	XLON
175	2165	09:42:59	XLON
64	2165	09:42:59	XLON
8	2160	09:42:59	XLON
464	2160	09:42:59	XLON
458	2150	10:25:37	XLON
490	2145	10:27:54	XLON
21	2140	11:22:53	XLON
100	2140	11:47:12	XLON
17	2140	11:47:12	XLON
54	2140	11:47:12	XLON
18	2140	11:47:12	XLON
215	2140	11:47:12	XLON
252	2140	11:47:12	XLON
95	2140	11:47:12	XLON
87	2140	11:47:12	XLON
12	2140	11:47:12	XLON
100	2135	12:05:37	XLON
100	2135	12:05:37	XLON
45	2135	12:05:37	XLON
100	2135	12:05:37	XLON
107	2135	12:05:37	XLON
59	2125	12:33:43	XLON
99	2125	12:33:43	XLON
330	2125	12:33:45	XLON
465	2115	13:23:09	XLON
56	2110	13:36:17	XLON
493	2130	13:42:55	XLON
523	2125	13:47:01	XLON
248	2120	13:50:07	XLON
213	2120	13:50:07	XLON
414	2130	14:31:21	XLON
12	2130	14:31:21	XLON
3	2130	14:31:21	XLON
142	2125	14:31:25	XLON
351	2125	14:31:25	XLON
17	2135	14:53:43	XLON
43	2135	14:53:43	XLON
447	2135	14:53:43	XLON
101	2130	15:00:51	XLON
33	2135	15:21:11	XLON
92	2135	15:21:11	XLON
91	2135	15:21:11	XLON
13	2135	15:21:11	XLON
14	2135	15:21:11	XLON
14	2135	15:21:11	XLON
14	2135	15:21:11	XLON
42	2135	15:21:11	XLON
62	2135	15:21:11	XLON
36	2135	15:21:11	XLON
316	2140	15:34:35	XLON
37	2140	15:34:35	XLON
100	2140	15:34:35	XLON
27	2140	15:34:35	XLON
41	2140	15:34:35	XLON
10	2140	15:50:35	XLON
106	2140	15:50:35	XLON
105	2140	15:50:35	XLON
33	2140	15:50:35	XLON
35	2140	15:50:35	XLON
35	2140	15:50:35	XLON
62	2140	15:50:35	XLON
106	2140	16:00:35	XLON
105	2140	16:00:35	XLON
23	2140	16:00:35	XLON
26	2140	16:00:35	XLON
55	2140	16:00:35	XLON
9	2140	16:00:35	XLON
13	2140	16:00:35	XLON
83	2140	16:00:35	XLON
69	2135	16:04:53	XLON
100	2135	16:04:53	XLON
100	2135	16:04:53	XLON
22	2135	16:04:53	XLON
100	2135	16:04:53	XLON
123	2135	16:04:53	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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