Transaction in Own Shares

RNS Number : 2389C

Bank of Georgia Group PLC

07 October 2022

 

London, 7 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 7 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:	7 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:	1984.0000p
Lowest price paid per Share:	1918.0000p
Average market price paid per share:	1947.4179p

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 48,075,805 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:  7 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1947.4179p	15,500

Number of shares purchased	Transaction price (per share)	Time of transaction
496	1976	08:26:26
182	1984	08:35:33
316	1984	08:35:33
223	1982	08:36:10
143	1982	08:36:10
49	1982	08:43:10
17	1982	08:43:30
73	1982	08:43:30
36	1980	08:56:33
64	1980	08:56:33
96	1980	08:56:33
148	1980	08:56:33
199	1980	08:56:33
300	1970	09:37:49
175	1970	09:37:49
496	1962	09:47:54
145	1958	10:13:20
147	1958	10:13:20
54	1958	10:13:20
162	1960	10:32:16
85	1960	10:32:16
440	1958	10:34:51
437	1958	11:01:45
439	1958	11:01:45
524	1950	11:24:43
133	1942	11:52:35
267	1942	11:52:35
44	1942	11:52:35
82	1942	12:14:00
431	1942	12:14:00
98	1944	12:14:00
148	1944	12:14:00
171	1944	12:14:00
441	1936	13:09:47
162	1940	13:22:06
65	1940	13:22:06
539	1940	13:29:53
188	1936	13:30:05
284	1936	13:30:05
47	1930	13:38:12
399	1930	13:38:12
213	1932	13:49:22
277	1932	13:49:22
296	1926	14:07:19
67	1926	14:09:08
6	1928	14:19:44
411	1928	14:19:44
112	1928	14:19:44
5	1928	14:20:06
215	1920	14:30:07
286	1920	14:30:07
230	1918	14:39:51
64	1920	15:02:47
120	1920	15:02:47
102	1932	15:11:01
249	1932	15:11:01
46	1932	15:11:01
136	1932	15:11:01
155	1944	15:20:19
66	1944	15:20:19
74	1944	15:20:19
237	1944	15:20:19
478	1942	15:21:05
460	1942	15:31:02
107	1940	15:31:16
141	1940	15:31:16
38	1940	15:31:16
126	1944	15:44:35
81	1944	15:51:14
442	1944	15:51:14
4	1942	15:58:09
3	1942	15:58:09
528	1946	16:01:31
441	1942	16:04:55
73	1938	16:14:54
266	1938	16:14:54

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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