Transaction in Own Shares

RNS Number : 3683U
Bank of Georgia Group PLC
27 March 2023
 

London, 27 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 27 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:

27 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:

 

2620.0000p

Lowest price paid per Share: 

 

2575.0000p

Average market price paid per share:

 

2604.9683p

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 47,066,533 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:  27 March 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2604.9683p

26,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

4

2590

12:01:28

XLON

4

2590

12:24:16

XLON

129

2590

12:24:16

XLON

162

2590

12:53:47

XLON

2

2590

12:53:56

XLON

330

2590

12:53:56

XLON

456

2585

13:40:20

XLON

326

2580

13:41:21

XLON

113

2580

13:41:21

XLON

399

2580

13:41:21

XLON

75

2580

13:41:21

XLON

91

2580

13:41:21

XLON

117

2585

13:52:27

XLON

131

2585

13:52:27

XLON

332

2580

13:55:08

XLON

63

2575

13:58:27

XLON

302

2575

13:58:27

XLON

343

2585

14:10:19

XLON

327

2585

14:10:19

XLON

31

2585

14:10:19

XLON

879

2585

14:31:43

XLON

21

2595

14:40:31

XLON

110

2595

14:40:31

XLON

6

2595

14:40:31

XLON

12

2595

14:40:31

XLON

51

2595

14:40:31

XLON

14

2595

14:40:32

XLON

200

2595

14:40:45

XLON

200

2595

14:40:45

XLON

50

2595

14:40:45

XLON

225

2595

14:40:45

XLON

95

2595

14:40:45

XLON

93

2595

14:40:45

XLON

967

2600

14:50:08

XLON

64

2600

14:50:08

XLON

356

2600

14:50:08

XLON

90

2600

14:50:08

XLON

114

2600

14:53:08

XLON

50

2600

14:53:08

XLON

50

2600

14:53:08

XLON

93

2600

14:53:08

XLON

150

2600

14:57:08

XLON

188

2600

14:57:08

XLON

4

2600

15:02:08

XLON

50

2600

15:02:08

XLON

50

2600

15:02:08

XLON

252

2600

15:06:01

XLON

40

2600

15:09:19

XLON

27

2605

15:10:58

XLON

5

2605

15:15:03

XLON

14

2605

15:15:08

XLON

161

2605

15:21:18

XLON

150

2610

15:22:53

XLON

100

2610

15:22:53

XLON

50

2610

15:22:53

XLON

70

2610

15:22:53

XLON

28

2610

15:22:53

XLON

20

2610

15:22:53

XLON

50

2610

15:23:07

XLON

100

2610

15:23:07

XLON

50

2610

15:23:07

XLON

100

2610

15:23:07

XLON

50

2610

15:23:07

XLON

50

2610

15:23:07

XLON

100

2610

15:23:07

XLON

546

2610

15:23:07

XLON

275

2610

15:23:07

XLON

500

2610

15:23:07

XLON

125

2610

15:23:07

XLON

125

2610

15:23:07

XLON

125

2610

15:23:07

XLON

125

2610

15:23:07

XLON

125

2610

15:23:07

XLON

2

2610

15:23:07

XLON

102

2610

15:23:07

XLON

115

2610

15:23:07

XLON

50

2610

15:26:06

XLON

200

2610

15:26:06

XLON

88

2610

15:26:06

XLON

109

2610

15:26:06

XLON

27

2610

15:29:59

XLON

32

2610

15:29:59

XLON

50

2610

15:29:59

XLON

222

2610

15:30:27

XLON

309

2610

15:30:27

XLON

286

2610

15:31:47

XLON

50

2610

15:31:47

XLON

50

2610

15:31:47

XLON

50

2610

15:31:47

XLON

29

2610

15:31:47

XLON

5

2610

15:32:01

XLON

200

2610

15:32:13

XLON

83

2610

15:32:13

XLON

3

2610

15:32:13

XLON

39

2610

15:33:06

XLON

4

2610

15:33:07

XLON

15

2610

15:33:07

XLON

5

2610

15:33:07

XLON

40

2610

15:33:07

XLON

284

2610

15:34:07

XLON

3

2610

15:34:33

XLON

27

2610

15:34:33

XLON

108

2610

15:34:33

XLON

36

2610

15:35:07

XLON

66

2610

15:38:11

XLON

294

2610

15:38:11

XLON

100

2610

15:38:32

XLON

119

2610

15:42:45

XLON

113

2615

15:47:05

XLON

100

2615

15:47:05

XLON

100

2615

15:47:05

XLON

100

2615

15:47:05

XLON

100

2615

15:47:05

XLON

50

2615

15:47:05

XLON

50

2615

15:47:05

XLON

50

2615

15:47:05

XLON

23

2615

15:47:05

XLON

995

2615

15:47:05

XLON

24

2615

15:48:05

XLON

50

2615

15:48:05

XLON

125

2615

15:48:05

XLON

50

2615

15:48:07

XLON

100

2615

15:48:07

XLON

50

2615

15:48:07

XLON

50

2615

15:48:07

XLON

50

2615

15:48:07

XLON

50

2615

15:48:07

XLON

50

2615

15:48:07

XLON

211

2615

15:48:07

XLON

5

2615

15:51:55

XLON

16

2615

15:51:55

XLON

294

2615

15:52:33

XLON

50

2615

15:52:33

XLON

367

2615

15:52:33

XLON

60

2615

15:52:39

XLON

308

2615

15:53:47

XLON

125

2615

15:53:52

XLON

180

2615

15:53:52

XLON

22

2615

15:55:09

XLON

348

2615

15:58:12

XLON

50

2615

15:58:12

XLON

50

2615

15:58:12

XLON

50

2615

15:58:12

XLON

125

2615

15:58:12

XLON

84

2615

15:58:31

XLON

125

2610

16:01:05

XLON

319

2610

16:01:05

XLON

26

2610

16:01:05

XLON

125

2610

16:01:05

XLON

80

2610

16:08:53

XLON

121

2615

16:15:11

XLON

249

2615

16:15:11

XLON

6

2615

16:15:11

XLON

5

2615

16:15:11

XLON

43

2615

16:15:11

XLON

15

2615

16:15:11

XLON

125

2615

16:15:11

XLON

149

2615

16:15:33

XLON

352

2615

16:16:51

XLON

97

2620

16:16:51

XLON

130

2620

16:16:51

XLON

51

2620

16:16:51

XLON

8

2620

16:16:51

XLON

75

2620

16:16:51

XLON

91

2620

16:16:51

XLON

113

2620

16:16:51

XLON

257

2620

16:16:51

XLON

285

2620

16:16:51

XLON

92

2620

16:16:51

XLON

92

2620

16:16:51

XLON

257

2620

16:16:51

XLON

285

2620

16:16:51

XLON

161

2615

16:16:53

XLON

50

2615

16:16:53

XLON

18

2615

16:16:53

XLON

66

2615

16:16:53

XLON

6

2615

16:16:53

XLON

35

2615

16:16:53

XLON

78

2600

16:19:37

XLON

50

2600

16:19:37

XLON

50

2600

16:19:37

XLON

50

2600

16:19:37

XLON

50

2600

16:19:37

XLON

65

2600

16:19:37

XLON

50

2600

16:19:37

XLON

60

2600

16:19:37

XLON

30

2600

16:19:38

XLON

30

2600

16:19:38

XLON

107

2600

16:19:38

XLON

135

2600

16:20:00

XLON

82

2600

16:20:00

XLON

50

2600

16:20:00

XLON

50

2600

16:20:00

XLON

125

2600

16:20:00

XLON

18

2600

16:20:00

XLON

107

2600

16:20:00

XLON

125

2600

16:20:00

XLON

88

2600

16:20:00

XLON

34

2600

16:21:26

XLON

9

2610

16:22:26

XLON

99

2610

16:22:33

XLON

250

2610

16:22:33

XLON

100

2610

16:22:33

XLON

200

2610

16:22:33

XLON

32

2610

16:22:33

XLON

50

2610

16:22:33

XLON

47

2610

16:22:33

XLON

4

2610

16:22:33

XLON

2

2610

16:22:33

XLON

324

2610

16:24:28

XLON

176

2610

16:24:28

XLON

255

2610

16:25:45

XLON

 

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

 

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

+995 322 444 144

+44 203 178 4034

+995 322 444 108

+995 322 444 444 (7515)

agachechiladze@bog.ge

moliver@bgeo.com

sgvalia@bog.ge

ir@bog.ge

 


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