Transaction in Own Shares

RNS Number : 0035D
Bank of Georgia Group PLC
14 October 2022
 

 

London, 14 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 14 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:

14 October 2022

 

Number of Shares purchased:

 

1 4,500 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:

 

2015.0000p

Lowest price paid per Share: 

 

1946.0000p

Average market price paid per share:

 

1977.5523p

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 48,002,482 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:  14 October 2022

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1977.5523p

14,500

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

75

2015

08:25:51

XLON

374

2005

08:28:01

XLON

273

2005

08:33:02

XLON

102

2005

08:33:02

XLON

324

2000

08:46:29

XLON

369

2000

09:01:52

XLON

196

2000

09:55:24

XLON

133

2000

09:55:24

XLON

239

2000

09:55:24

XLON

87

2000

09:55:24

XLON

124

2000

09:55:24

XLON

211

2000

09:55:24

XLON

341

1998

10:01:43

XLON

63

1996

10:01:43

XLON

90

1996

10:01:43

XLON

207

1996

10:01:43

XLON

120

1990

10:11:58

XLON

235

1990

10:11:58

XLON

248

1984

10:27:08

XLON

106

1984

10:27:08

XLON

315

1976

10:35:39

XLON

154

1974

10:39:52

XLON

196

1974

10:39:52

XLON

17

1976

10:45:29

XLON

348

1976

10:45:29

XLON

76

1974

11:08:11

XLON

164

1974

11:08:11

XLON

105

1974

11:13:37

XLON

93

1974

11:18:36

XLON

95

1974

11:18:36

XLON

169

1974

11:21:31

XLON

175

1972

11:33:04

XLON

179

1972

11:33:04

XLON

344

1974

12:06:51

XLON

347

1974

12:07:52

XLON

42

1974

12:38:29

XLON

175

1974

12:38:29

XLON

109

1974

12:38:29

XLON

98

1972

12:54:45

XLON

98

1972

12:54:45

XLON

3

1970

12:59:46

XLON

244

1970

12:59:46

XLON

66

1970

12:59:46

XLON

101

1972

13:23:52

XLON

123

1972

13:23:52

XLON

358

1972

13:30:12

XLON

305

1972

13:30:12

XLON

52

1974

13:48:13

XLON

271

1974

13:48:13

XLON

329

1972

13:48:15

XLON

16

1980

14:17:30

XLON

175

1980

14:17:30

XLON

175

1980

14:17:30

XLON

6

1980

14:17:30

XLON

100

1982

14:17:30

XLON

98

1982

14:17:30

XLON

173

1982

14:17:30

XLON

110

1980

14:28:11

XLON

198

1980

14:28:11

XLON

61

1978

14:42:16

XLON

309

1978

14:42:16

XLON

108

1970

15:00:00

XLON

221

1970

15:00:00

XLON

51

1970

15:00:00

XLON

318

1970

15:00:00

XLON

64

1970

15:11:14

XLON

263

1970

15:11:14

XLON

1

1962

15:14:37

XLON

175

1962

15:14:37

XLON

162

1962

15:14:37

XLON

222

1966

15:19:23

XLON

124

1966

15:19:23

XLON

10

1956

15:34:23

XLON

186

1956

15:34:23

XLON

159

1956

15:34:23

XLON

340

1950

15:43:45

XLON

107

1946

15:49:34

XLON

5

1946

15:49:43

XLON

71

1952

15:58:03

XLON

98

1952

15:58:03

XLON

98

1952

15:58:03

XLON

75

1964

16:05:39

XLON

99

1964

16:05:39

XLON

219

1964

16:06:12

XLON

74

1964

16:06:12

XLON

99

1962

16:09:30

XLON

19

1962

16:11:22

XLON

300

1962

16:11:22

XLON

244

1960

16:16:02

XLON

99

1960

16:16:02

XLON

 

 

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Link Company Matters Limited, +44 (0)20 7954 9567

 

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

+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

 


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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