Transaction in Own Shares

RNS Number : 2184V

Bank of Georgia Group PLC

03 April 2023

 

London, 3 April 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 3 April 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:	3 April 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:	2805.0000p
Lowest price paid per Share:	2765.0000p
Average market price paid per share:	2791.2638p

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 46,936,533 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:  3 April 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2791.2638p	26,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
7500	2800	11:44:25	XLON
403	2795	11:55:15	XLON
8	2790	12:00:58	XLON
57	2790	12:02:27	XLON
372	2790	12:02:27	XLON
3	2785	12:04:29	XLON
412	2785	12:08:01	XLON
4	2790	12:29:14	XLON
144	2790	12:29:14	XLON
203	2790	12:29:14	XLON
2	2785	12:49:30	XLON
168	2785	12:49:30	XLON
177	2785	12:49:30	XLON
1	2780	13:34:39	XLON
217	2790	14:02:52	XLON
423	2790	14:02:53	XLON
500	2790	14:02:53	XLON
128	2795	14:03:16	XLON
125	2795	14:04:10	XLON
179	2795	14:04:10	XLON
92	2795	14:04:10	XLON
56	2795	14:04:10	XLON
13	2795	14:04:10	XLON
158	2795	14:04:10	XLON
8	2795	14:04:10	XLON
134	2790	14:14:15	XLON
72	2790	14:14:15	XLON
89	2790	14:14:15	XLON
125	2790	14:14:15	XLON
31	2790	14:14:15	XLON
344	2800	14:30:01	XLON
352	2800	14:30:01	XLON
332	2800	14:30:01	XLON
109	2800	14:30:02	XLON
40	2800	14:30:02	XLON
652	2800	14:33:01	XLON
3	2800	14:33:01	XLON
176	2800	14:34:03	XLON
114	2800	14:34:05	XLON
540	2800	14:35:29	XLON
305	2795	14:39:13	XLON
329	2800	14:44:26	XLON
652	2800	14:44:37	XLON
106	2800	14:48:10	XLON
193	2800	14:48:21	XLON
336	2800	14:51:22	XLON
333	2800	14:54:22	XLON
16	2800	14:55:22	XLON
26	2800	14:55:22	XLON
306	2800	14:55:22	XLON
135	2805	14:56:04	XLON
71	2805	14:56:04	XLON
30	2805	14:56:04	XLON
25	2805	14:56:04	XLON
140	2805	14:56:04	XLON
91	2795	14:56:11	XLON
218	2795	14:56:11	XLON
309	2795	14:56:54	XLON
335	2795	14:59:55	XLON
105	2785	15:02:57	XLON
15	2785	15:02:57	XLON
58	2785	15:02:57	XLON
11	2785	15:02:57	XLON
142	2785	15:02:57	XLON
219	2780	15:04:08	XLON
2	2780	15:04:35	XLON
87	2780	15:04:35	XLON
1	2775	15:07:37	XLON
125	2775	15:07:37	XLON
79	2775	15:07:37	XLON
95	2775	15:07:37	XLON
30	2775	15:07:37	XLON
1	2780	15:19:37	XLON
35	2785	15:19:46	XLON
44	2785	15:19:46	XLON
413	2785	15:19:58	XLON
81	2785	15:19:58	XLON
68	2785	15:19:58	XLON
139	2785	15:19:58	XLON
4	2785	15:20:58	XLON
18	2785	15:20:58	XLON
125	2785	15:21:58	XLON
125	2785	15:21:58	XLON
105	2785	15:21:58	XLON
65	2785	15:24:08	XLON
107	2785	15:25:05	XLON
111	2785	15:25:05	XLON
89	2785	15:25:05	XLON
399	2780	15:25:10	XLON
64	2775	15:25:26	XLON
84	2775	15:25:26	XLON
125	2775	15:35:35	XLON
69	2775	15:35:35	XLON
106	2775	15:35:35	XLON
100	2775	15:36:26	XLON
84	2775	15:36:26	XLON
62	2775	15:36:26	XLON
61	2775	15:36:26	XLON
82	2775	15:36:26	XLON
41	2765	15:42:12	XLON
227	2765	15:42:12	XLON
27	2765	15:42:12	XLON
118	2775	15:51:49	XLON
217	2775	15:51:49	XLON
323	2775	15:51:49	XLON
85	2775	15:51:49	XLON
68	2775	15:51:49	XLON
73	2775	15:51:49	XLON
250	2775	15:54:49	XLON
50	2775	15:54:49	XLON
50	2775	15:54:51	XLON
253	2775	15:57:09	XLON
81	2775	15:57:09	XLON
10	2775	15:57:09	XLON
136	2770	16:07:44	XLON
165	2770	16:07:44	XLON
330	2770	16:07:44	XLON
84	2775	16:08:26	XLON
37	2775	16:08:26	XLON
51	2775	16:08:26	XLON
140	2775	16:12:06	XLON
77	2775	16:12:06	XLON
284	2765	16:17:04	XLON
33	2765	16:17:05	XLON
321	2765	16:19:05	XLON
12	2770	16:21:16	XLON
70	2770	16:21:16	XLON
140	2770	16:21:16	XLON
90	2765	16:23:08	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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