Transaction in Own Shares

RNS Number : 8566C

Bank of Georgia Group PLC

13 October 2022

 

London, 13 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 13 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:	13 October 2022
Number of Shares purchased:	1 3,323 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:	1992.0000p
Lowest price paid per Share:	1930.0000p
Average market price paid per share:	1966.0476p

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 48,016,982 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:  13 October 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	1966.0476p	13,323

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
75	1944	08:26:18	XLON
232	1940	08:32:00	XLON
101	1940	08:32:00	XLON
101	1940	08:39:08	XLON
225	1940	08:39:08	XLON
134	1938	08:41:58	XLON
203	1938	08:41:58	XLON
157	1936	08:45:00	XLON
190	1936	08:45:00	XLON
79	1930	08:47:58	XLON
210	1930	08:47:58	XLON
334	1946	09:00:24	XLON
64	1948	09:00:24	XLON
137	1948	09:00:24	XLON
98	1948	09:00:24	XLON
63	1948	09:00:24	XLON
84	1944	09:44:34	XLON
1	1944	09:49:34	XLON
261	1962	10:20:02	XLON
53	1962	10:20:02	XLON
147	1962	10:20:02	XLON
182	1962	10:20:02	XLON
36	1968	10:39:18	XLON
223	1968	10:39:18	XLON
344	1968	10:44:50	XLON
329	1970	11:06:24	XLON
43	1970	11:06:24	XLON
307	1970	11:06:24	XLON
166	1968	11:37:07	XLON
172	1968	11:39:18	XLON
209	1968	11:54:53	XLON
94	1968	11:54:53	XLON
45	1968	11:54:53	XLON
382	1964	12:11:21	XLON
13	1964	12:11:21	XLON
273	1964	12:11:24	XLON
354	1966	12:28:01	XLON
199	1968	12:28:01	XLON
95	1968	12:28:01	XLON
95	1968	12:28:01	XLON
200	1968	12:28:01	XLON
24	1970	12:36:11	XLON
282	1970	12:36:11	XLON
364	1976	12:44:15	XLON
155	1992	13:28:57	XLON
242	1992	13:28:57	XLON
197	1990	13:30:02	XLON
14	1990	13:30:02	XLON
135	1990	13:30:02	XLON
62	1990	13:30:02	XLON
135	1982	13:30:51	XLON
200	1982	13:30:51	XLON
31	1982	13:30:51	XLON
39	1940	13:46:48	XLON
357	1940	13:46:48	XLON
143	1954	14:04:34	XLON
220	1954	14:04:34	XLON
72	1952	14:19:30	XLON
377	1972	14:30:24	XLON
152	1972	14:30:24	XLON
96	1972	14:30:24	XLON
77	1972	14:30:24	XLON
96	1972	14:30:24	XLON
98	1954	14:40:23	XLON
98	1954	14:40:23	XLON
98	1962	14:44:48	XLON
98	1962	14:44:48	XLON
67	1962	14:44:48	XLON
45	1966	14:51:58	XLON
98	1966	14:51:58	XLON
98	1966	14:51:58	XLON
33	1966	14:51:58	XLON
98	1976	14:58:48	XLON
98	1976	14:58:48	XLON
35	1982	15:06:01	XLON
173	1984	15:07:54	XLON
266	1984	15:07:54	XLON
39	1986	15:23:16	XLON
42	1986	15:23:16	XLON
295	1986	15:23:20	XLON
385	1984	15:45:02	XLON
4	1986	15:45:39	XLON
196	1986	15:45:39	XLON
177	1986	15:46:24	XLON
208	1984	15:47:56	XLON
186	1990	15:58:39	XLON
208	1990	15:58:39	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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