Transaction in Own Shares

RNS Number : 6711Z

Bank of Georgia Group PLC

15 September 2022

 

London, 15 September 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 15 September 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:	15 September 2022
Number of Shares purchased:	23,500 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:	2125.0000p
Lowest price paid per Share:	2060.0000p
Average market price paid per share:	2099.4077p

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 48,396,415 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:  15 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2099.4077p	23,500

Number of shares purchased	Transaction price (per share)	Time of transaction
205	2105	08:20:23
477	2105	08:20:23
124	2100	08:20:28
434	2100	08:20:33
606	2105	08:33:22
574	2110	08:33:22
58	2110	08:33:22
659	2095	08:43:09
618	2090	08:43:21
2	2090	09:55:45
218	2090	09:57:05
367	2090	09:57:05
14	2090	09:57:05
198	2085	09:57:19
403	2085	09:57:19
644	2080	09:58:58
638	2080	10:12:39
648	2065	10:42:50
673	2060	10:42:55
145	2060	11:22:11
141	2100	11:37:14
438	2100	11:37:14
679	2095	11:37:22
647	2095	11:56:44
556	2100	12:34:53
559	2100	12:34:53
49	2100	12:34:53
156	2100	12:34:53
116	2105	12:34:53
394	2105	12:34:53
1	2095	13:19:22
1	2095	13:19:22
250	2095	13:24:52
412	2095	13:24:52
109	2095	13:24:52
200	2095	13:24:52
60	2095	13:24:52
358	2095	13:24:52
3	2095	14:04:43
3	2095	14:19:38
602	2095	14:19:38
604	2095	14:19:38
5	2105	14:34:36
617	2105	14:34:36
640	2105	14:34:36
14	2100	14:36:41
20	2100	14:36:41
25	2100	14:36:41
112	2105	14:36:41
112	2105	14:36:41
681	2100	14:38:32
2	2100	14:49:35
168	2105	14:50:05
388	2105	14:50:05
145	2105	14:50:05
117	2105	14:53:50
117	2105	14:53:50
124	2105	14:53:50
52	2105	14:53:50
169	2110	15:06:00
141	2110	15:06:00
63	2110	15:06:00
193	2110	15:06:10
125	2110	15:06:10
68	2110	15:06:10
49	2110	15:09:00
122	2110	15:09:00
61	2110	15:09:00
76	2110	15:09:00
270	2110	15:11:00
139	2110	15:11:00
104	2110	15:19:30
129	2110	15:19:30
68	2110	15:19:30
135	2110	15:19:30
26	2110	15:19:30
34	2110	15:19:30
80	2110	15:19:30
269	2110	15:27:10
139	2110	15:27:10
135	2110	15:27:10
26	2110	15:27:10
156	2110	15:37:10
156	2110	15:37:10
81	2110	15:37:10
81	2110	15:37:10
135	2110	15:37:10
586	2125	15:49:41
541	2120	15:50:30
136	2120	15:50:33
430	2120	15:59:33
106	2120	15:59:33
84	2120	15:59:33
3	2120	15:59:33
11	2110	16:23:08
991	2110	16:23:08

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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