Transaction in Own Shares

RNS Number : 7688T

Bank of Georgia Group PLC

21 March 2023

 

London, 21 March 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 21 March 2023, 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 16 February 2023 (the "Buyback Programme").

Date of purchase:	21 March 2023
Number of Shares purchased:	26,000 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:	2595.0000p
Lowest price paid per Share:	2525.0000p
Average market price paid per share:	2573.5652p

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 47,170,533 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:  21 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2573.5652p	26,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
300	2535	08:35:44	XLON
297	2530	08:37:42	XLON
309	2530	08:37:42	XLON
343	2525	08:37:42	XLON
11	2550	09:02:27	XLON
100	2550	09:02:27	XLON
50	2550	09:02:27	XLON
156	2550	09:02:27	XLON
133	2550	09:02:41	XLON
44	2550	09:02:41	XLON
133	2550	09:20:35	XLON
28	2550	09:20:35	XLON
127	2550	09:20:35	XLON
300	2550	09:20:35	XLON
120	2550	09:38:53	XLON
7	2550	09:38:53	XLON
50	2550	09:38:53	XLON
1	2550	09:38:53	XLON
317	2550	09:38:53	XLON
104	2550	09:38:53	XLON
66	2550	09:46:07	XLON
4	2550	09:54:07	XLON
12	2555	09:55:07	XLON
274	2555	09:55:07	XLON
39	2550	10:01:47	XLON
274	2550	10:01:47	XLON
376	2545	10:13:36	XLON
147	2540	10:13:36	XLON
147	2540	10:13:36	XLON
16	2540	10:13:36	XLON
147	2540	10:13:36	XLON
5	2540	10:13:36	XLON
147	2540	10:13:36	XLON
147	2540	10:13:36	XLON
147	2540	10:13:36	XLON
1	2540	10:14:36	XLON
36	2540	10:14:36	XLON
71	2540	10:14:36	XLON
147	2540	10:14:36	XLON
97	2535	10:19:05	XLON
250	2535	10:19:05	XLON
33	2535	10:19:05	XLON
147	2540	10:19:05	XLON
83	2540	10:19:05	XLON
106	2540	10:19:05	XLON
36	2535	10:21:35	XLON
147	2535	10:21:35	XLON
127	2535	10:21:35	XLON
104	2535	10:21:35	XLON
76	2525	10:21:36	XLON
164	2525	10:23:08	XLON
93	2525	10:23:08	XLON
48	2565	10:53:19	XLON
138	2565	10:53:19	XLON
109	2565	10:53:19	XLON
329	2565	10:53:19	XLON
276	2560	10:59:31	XLON
316	2570	11:14:06	XLON
30	2580	11:26:55	XLON
263	2580	11:26:55	XLON
321	2575	11:27:30	XLON
14	2575	11:37:18	XLON
327	2575	11:37:18	XLON
382	2570	11:39:34	XLON
2	2570	11:39:34	XLON
4	2590	12:09:15	XLON
278	2590	12:09:23	XLON
50	2595	12:13:35	XLON
50	2595	12:13:35	XLON
47	2595	12:13:35	XLON
11	2595	12:13:35	XLON
182	2595	12:13:35	XLON
125	2590	12:14:35	XLON
50	2590	12:14:35	XLON
66	2590	12:14:35	XLON
85	2590	12:14:35	XLON
135	2585	12:17:05	XLON
50	2585	12:17:05	XLON
300	2585	12:17:05	XLON
147	2580	12:32:49	XLON
162	2580	12:39:23	XLON
105	2580	12:43:23	XLON
174	2590	12:49:36	XLON
12	2590	12:49:36	XLON
285	2595	12:55:36	XLON
118	2590	12:58:45	XLON
303	2590	12:58:45	XLON
213	2580	13:04:07	XLON
159	2580	13:11:51	XLON
87	2580	13:11:51	XLON
147	2580	13:11:51	XLON
119	2575	13:18:33	XLON
181	2575	13:25:27	XLON
312	2585	13:35:54	XLON
265	2580	13:39:27	XLON
47	2580	13:40:08	XLON
114	2580	13:40:08	XLON
207	2580	13:43:37	XLON
9	2580	13:43:37	XLON
284	2580	13:43:37	XLON
60	2580	13:43:37	XLON
109	2580	13:43:37	XLON
100	2580	13:43:37	XLON
12	2580	13:43:37	XLON
45	2595	13:55:55	XLON
32	2595	14:14:05	XLON
200	2595	14:14:05	XLON
427	2595	14:14:05	XLON
31	2595	14:14:05	XLON
50	2595	14:14:05	XLON
1292	2595	14:14:05	XLON
288	2590	14:16:02	XLON
169	2585	14:16:28	XLON
150	2585	14:16:28	XLON
500	2585	14:17:35	XLON
70	2580	14:22:11	XLON
231	2580	14:22:11	XLON
117	2575	14:25:24	XLON
202	2575	14:25:24	XLON
33	2570	14:29:49	XLON
144	2570	14:32:45	XLON
18	2585	14:39:59	XLON
177	2585	14:39:59	XLON
56	2585	14:39:59	XLON
61	2585	14:39:59	XLON
126	2590	14:41:59	XLON
45	2590	14:45:25	XLON
32	2595	14:47:02	XLON
154	2595	14:47:02	XLON
145	2595	14:47:02	XLON
292	2595	14:49:06	XLON
292	2590	14:51:52	XLON
283	2590	14:51:52	XLON
331	2590	14:51:52	XLON
97	2590	14:56:52	XLON
67	2585	15:01:06	XLON
43	2585	15:01:06	XLON
223	2585	15:01:06	XLON
205	2580	15:10:02	XLON
86	2580	15:11:05	XLON
300	2580	15:11:05	XLON
107	2575	15:19:00	XLON
199	2575	15:19:00	XLON
16	2580	15:27:21	XLON
84	2580	15:27:21	XLON
52	2580	15:27:21	XLON
19	2580	15:27:21	XLON
2	2580	15:27:21	XLON
31	2580	15:27:21	XLON
100	2580	15:27:21	XLON
29	2585	15:33:21	XLON
31	2590	15:35:21	XLON
45	2590	15:35:21	XLON
199	2590	15:35:21	XLON
100	2585	15:38:31	XLON
192	2585	15:38:31	XLON
101	2585	15:38:33	XLON
5	2580	15:41:09	XLON
365	2580	15:41:09	XLON
48	2585	15:46:21	XLON
89	2585	15:46:21	XLON
333	2585	15:49:24	XLON
329	2585	15:54:24	XLON
4	2585	16:02:24	XLON
50	2585	16:02:24	XLON
24	2585	16:02:24	XLON
250	2585	16:02:24	XLON
14	2585	16:02:24	XLON
6	2590	16:08:49	XLON
18	2590	16:08:56	XLON
299	2590	16:08:56	XLON
68	2590	16:10:05	XLON
34	2590	16:10:05	XLON
40	2590	16:10:05	XLON
201	2590	16:10:05	XLON
52	2595	16:14:48	XLON
13	2595	16:14:48	XLON
36	2595	16:14:48	XLON
100	2595	16:14:48	XLON
23	2595	16:14:48	XLON
58	2595	16:14:48	XLON
103	2595	16:15:05	XLON
46	2595	16:15:05	XLON
18	2595	16:17:06	XLON
261	2595	16:17:07	XLON
150	2595	16:22:07	XLON
12	2595	16:22:07	XLON
100	2595	16:22:07	XLON
72	2595	16:22:07	XLON
36	2595	16:22:07	XLON
28	2595	16:23:07	XLON
50	2595	16:23:07	XLON
29	2595	16:23:07	XLON

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services 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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