Transaction in Own Shares

RNS Number : 0573A
Bank of Georgia Group PLC
20 September 2022
 

 

London, 20 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 20 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:

20 September 2022

 

Number of Shares purchased:

 

23,612 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:

 

2120.0000p

Lowest price paid per Share: 

 

2085.0000p

Average market price paid per share:

 

2095.6524p

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 48,349,303 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:  20 September 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2095.6524p

23,612

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

136

2115

08:03:29

126

2115

08:10:43

504

2115

08:10:43

556

2115

08:10:48

663

2120

08:16:10

650

2110

08:26:03

18

2105

08:26:11

108

2105

08:26:12

162

2105

08:37:56

380

2105

08:37:56

626

2100

08:38:01

650

2095

08:56:51

58

2090

08:56:57

286

2090

09:18:03

239

2090

09:18:03

57

2100

09:41:09

606

2100

09:41:09

571

2095

09:41:43

572

2090

09:57:50

662

2085

09:57:58

651

2095

10:36:37

654

2090

11:00:11

9

2095

11:49:28

647

2095

11:49:28

136

2095

11:49:28

72

2095

11:49:28

312

2100

12:18:10

56

2100

12:18:10

46

2100

12:18:10

91

2100

12:18:10

222

2100

12:18:30

225

2100

12:18:30

68

2100

12:18:30

627

2100

12:34:20

140

2100

12:50:20

157

2100

12:50:20

65

2100

12:50:20

193

2095

12:50:52

69

2095

12:50:52

412

2095

12:50:52

554

2090

13:06:40

569

2090

13:06:40

653

2085

13:32:00

556

2085

14:31:12

529

2085

14:31:12

144

2085

14:31:12

1

2090

14:49:35

549

2090

14:49:35

619

2090

14:49:35

6

2090

14:49:35

761

2085

14:54:30

2

2085

15:04:32

2

2085

15:19:37

201

2090

15:35:37

1000

2090

15:35:37

250

2090

15:35:37

197

2090

15:35:37

250

2090

15:35:37

28

2090

15:35:37

250

2090

15:35:37

248

2090

15:35:37

250

2090

15:35:37

183

2090

15:35:37

73

2090

15:35:37

137

2090

15:35:37

160

2090

15:35:37

414

2090

15:35:37

32

2095

15:55:41

225

2095

15:55:41

25

2100

15:59:29

82

2100

15:59:29

534

2100

15:59:29

159

2100

16:01:29

358

2100

16:01:29

176

2100

16:01:29

63

2100

16:01:29

19

2100

16:01:29

275

2100

16:14:27

212

2100

16:14:27

73

2100

16:14:27

88

2100

16:14:27

196

2100

16:14:27

27

2095

16:16:13

 

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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