Transaction in Own Shares

RNS Number : 0181V

Bank of Georgia Group PLC

31 March 2023

 

London, 31 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 31 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:	31 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:	2770.0000p
Lowest price paid per Share:	2745.0000p
Average market price paid per share:	2758.9517p

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 46,962,533 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:  31 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2758.9517p	26,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
76	2750	12:37:22	XLON
75	2750	12:37:22	XLON
180	2750	12:37:27	XLON
4	2750	12:37:27	XLON
42	2750	12:42:27	XLON
100	2750	12:42:27	XLON
18	2750	12:42:36	XLON
33	2750	12:42:36	XLON
125	2750	12:42:36	XLON
26	2750	12:42:36	XLON
59	2750	12:47:27	XLON
262	2750	12:53:13	XLON
125	2750	12:53:13	XLON
11	2750	12:53:13	XLON
118	2750	12:53:13	XLON
65	2750	12:53:13	XLON
98	2750	12:57:27	XLON
125	2750	12:57:27	XLON
65	2750	12:57:27	XLON
76	2750	13:02:27	XLON
74	2750	13:07:27	XLON
125	2750	13:07:27	XLON
108	2750	13:07:27	XLON
29	2750	13:12:27	XLON
267	2750	13:14:26	XLON
68	2750	13:14:26	XLON
83	2750	13:17:27	XLON
69	2755	13:20:04	XLON
176	2755	13:20:11	XLON
79	2760	13:25:04	XLON
37	2760	13:25:04	XLON
297	2760	13:25:04	XLON
143	2760	13:25:04	XLON
220	2760	13:25:04	XLON
40	2760	13:25:41	XLON
7	2760	13:25:41	XLON
40	2760	13:25:41	XLON
347	2755	13:25:43	XLON
33	2750	13:30:43	XLON
253	2750	13:32:10	XLON
299	2750	13:32:10	XLON
127	2745	13:37:12	XLON
211	2745	13:37:12	XLON
100	2745	13:42:45	XLON
245	2745	13:43:05	XLON
4	2745	13:43:05	XLON
3	2745	13:43:05	XLON
86	2745	13:43:05	XLON
337	2745	13:51:36	XLON
6	2745	13:51:36	XLON
93	2745	13:51:36	XLON
148	2745	13:51:36	XLON
64	2750	14:22:47	XLON
41	2750	14:22:47	XLON
9	2750	14:22:47	XLON
693	2750	14:22:47	XLON
581	2750	14:23:36	XLON
64	2750	14:23:36	XLON
856	2750	14:23:36	XLON
334	2750	14:23:36	XLON
9	2750	14:23:36	XLON
18	2750	14:23:36	XLON
5	2750	14:23:36	XLON
75	2750	14:23:36	XLON
299	2750	14:23:36	XLON
1543	2755	14:39:50	XLON
180	2750	14:45:57	XLON
367	2750	14:45:57	XLON
133	2750	14:45:57	XLON
216	2750	14:45:57	XLON
4	2755	14:49:33	XLON
306	2755	14:57:05	XLON
307	2755	14:57:05	XLON
94	2755	14:57:05	XLON
200	2755	14:57:05	XLON
293	2755	14:57:05	XLON
320	2755	14:57:05	XLON
186	2760	15:01:05	XLON
103	2760	15:01:05	XLON
75	2760	15:01:05	XLON
224	2760	15:10:05	XLON
125	2760	15:10:05	XLON
87	2760	15:10:05	XLON
125	2760	15:10:05	XLON
125	2760	15:10:05	XLON
59	2760	15:10:05	XLON
125	2760	15:10:05	XLON
125	2760	15:10:05	XLON
16	2760	15:10:05	XLON
8	2760	15:10:05	XLON
748	2760	15:10:05	XLON
1	2760	15:10:36	XLON
108	2760	15:10:36	XLON
73	2760	15:10:36	XLON
199	2755	15:10:40	XLON
109	2755	15:10:40	XLON
4	2765	15:50:33	XLON
297	2770	15:51:59	XLON
1082	2770	15:59:35	XLON
625	2770	15:59:35	XLON
49	2770	15:59:35	XLON
35	2770	15:59:35	XLON
696	2770	15:59:35	XLON
125	2770	15:59:35	XLON
30	2770	15:59:35	XLON
26	2770	15:59:35	XLON
150	2770	15:59:35	XLON
125	2770	15:59:35	XLON
7	2770	15:59:35	XLON
125	2770	15:59:35	XLON
1	2770	15:59:35	XLON
52	2770	15:59:35	XLON
13	2770	15:59:35	XLON
100	2770	15:59:35	XLON
710	2770	15:59:35	XLON
103	2770	15:59:35	XLON
70	2770	15:59:35	XLON
90	2770	15:59:35	XLON
110	2770	15:59:35	XLON
75	2770	15:59:35	XLON
118	2770	15:59:35	XLON
644	2770	15:59:35	XLON
254	2770	15:59:35	XLON
74	2770	15:59:35	XLON
96	2770	15:59:35	XLON
644	2770	15:59:35	XLON
213	2770	15:59:35	XLON
6	2770	15:59:35	XLON
108	2770	15:59:35	XLON
74	2770	15:59:35	XLON
121	2770	15:59:38	XLON
12	2765	15:59:43	XLON
1	2765	15:59:43	XLON
431	2765	15:59:51	XLON
2	2765	16:04:46	XLON
2	2765	16:04:46	XLON
5	2765	16:04:46	XLON
86	2765	16:04:46	XLON
68	2765	16:04:46	XLON
189	2765	16:04:46	XLON
2	2765	16:04:46	XLON
96	2765	16:08:26	XLON
53	2765	16:08:26	XLON
75	2765	16:08:26	XLON
42	2765	16:08:26	XLON
42	2765	16:08:26	XLON
75	2765	16:08:46	XLON
53	2765	16:08:46	XLON
57	2765	16:09:20	XLON
50	2765	16:09:21	XLON
75	2765	16:09:23	XLON
75	2765	16:09:46	XLON
75	2765	16:10:16	XLON
75	2765	16:10:19	XLON
75	2765	16:11:19	XLON
125	2765	16:11:19	XLON
135	2765	16:11:19	XLON
6	2765	16:13:19	XLON
16	2765	16:13:19	XLON
75	2765	16:13:19	XLON
75	2765	16:14:02	XLON
17	2765	16:14:02	XLON
9	2765	16:14:02	XLON
307	2760	16:14:22	XLON
60	2765	16:14:22	XLON
75	2765	16:14:22	XLON
107	2765	16:14:22	XLON
12	2765	16:14:22	XLON
57	2760	16:18:22	XLON
96	2760	16:18:22	XLON
65	2760	16:18:22	XLON
67	2760	16:18:22	XLON
23	2760	16:18:22	XLON
49	2760	16:20:22	XLON
47	2760	16:20:22	XLON
50	2760	16:20:22	XLON
43	2760	16:22:22	XLON
75	2760	16:22:22	XLON
60	2760	16:22:22	XLON
55	2760	16:22:22	XLON
57	2760	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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