Transaction in Own Shares

RNS Number : 3384Y

Bank of Georgia Group PLC

05 September 2022

 

London, 5 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 5 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:	5 September 2022
Number of Shares purchased:	23,000 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:	2080.0000p
Lowest price paid per Share:	2045.0000p
Average market price paid per share:	2073.0880p

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 48,575,939 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:  5 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2073.0880p	23,000

Number of shares purchased	Transaction price (per share)	Time of transaction
1323	2075	08:48:01
41	2070	08:51:01
168	2070	08:51:01
482	2070	08:51:01
571	2065	08:58:25
45	2070	09:12:21
269	2070	09:31:59
223	2070	09:36:24
227	2070	09:36:24
298	2080	10:17:33
322	2080	10:17:33
537	2080	10:17:33
69	2080	10:17:42
12	2080	10:17:42
100	2080	10:17:42
59	2080	10:35:42
50	2080	10:35:42
26	2080	10:35:42
62	2080	10:37:40
135	2080	10:37:40
154	2080	10:49:37
12	2080	10:49:37
116	2080	10:52:15
116	2080	10:58:20
15	2080	10:58:20
154	2080	11:04:33
10	2080	11:04:33
58	2080	11:04:42
52	2080	11:04:42
151	2080	11:04:59
116	2080	11:05:12
116	2080	11:07:02
193	2075	11:11:13
250	2075	11:11:13
131	2075	11:11:13
31	2075	11:12:13
142	2075	11:12:13
101	2070	11:15:59
496	2070	11:15:59
590	2060	11:32:02
3	2045	12:02:43
1	2045	12:03:04
304	2050	13:23:03
489	2050	13:23:03
11	2060	13:52:26
364	2075	13:55:59
191	2075	13:55:59
129	2075	13:55:59
50	2075	13:55:59
180	2075	13:55:59
47	2075	13:55:59
375	2075	13:55:59
127	2075	13:55:59
84	2070	13:56:04
147	2070	13:56:10
264	2070	13:56:10
89	2070	13:56:10
458	2065	13:56:58
66	2065	13:56:58
97	2065	14:00:58
118	2065	14:00:58
93	2065	14:00:58
208	2065	14:00:58
76	2065	14:08:58
154	2065	14:08:58
127	2065	14:14:12
17	2065	14:14:12
1	2065	14:14:12
182	2065	14:14:12
6	2065	14:14:12
58	2065	14:30:32
18	2065	14:30:32
118	2065	14:30:32
91	2065	14:30:32
64	2065	14:30:32
97	2065	14:30:32
153	2065	14:30:42
702	2060	14:32:42
20	2060	14:41:15
6	2060	14:41:22
91	2060	14:41:22
94	2060	14:41:22
23	2060	14:41:22
140	2060	14:41:22
44	2060	14:41:22
1	2055	14:44:50
94	2055	14:44:50
77	2055	14:44:50
89	2055	14:48:32
16	2055	14:48:32
9	2055	14:48:32
116	2055	14:48:32
54	2055	14:48:32
240	2065	15:14:28
1	2075	15:48:08
102	2080	16:02:08
126	2080	16:02:08
2500	2080	16:04:40
208	2080	16:05:29
1995	2080	16:05:29
1381	2080	16:05:29
34	2080	16:07:12
83	2080	16:07:12
150	2080	16:07:12
20	2080	16:07:12
43	2080	16:11:12
108	2080	16:11:12
20	2080	16:13:12
91	2080	16:13:12
11	2080	16:13:12
601	2080	16:15:12
29	2080	16:21:02
139	2080	16:21:02
14	2080	16:21:02
89	2080	16:21:02
6	2080	16:21:02
149	2080	16:21:02
10	2080	16:21:02
78	2080	16:21:02
116	2080	16:28:42

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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