Transaction in Own Shares

RNS Number : 4254T

Bank of Georgia Group PLC

17 March 2023

 

London, 17 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 17 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:	17 March 2023
Number of Shares purchased:	25,151 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:	2530.0000p
Lowest price paid per Share:	2390 .0000p
Average market price paid per share:	2462.2768p

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 47,222,533 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:  17 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2462.2768p	25,151

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
295	2515	08:16:07	XLON
297	2505	08:16:11	XLON
500	2520	08:25:00	XLON
119	2520	08:25:00	XLON
294	2515	08:30:21	XLON
322	2515	08:30:21	XLON
340	2510	08:31:02	XLON
67	2530	08:49:01	XLON
226	2530	08:49:01	XLON
293	2525	08:52:15	XLON
308	2525	08:52:15	XLON
294	2520	08:52:15	XLON
191	2530	09:11:36	XLON
326	2530	09:11:36	XLON
93	2530	09:11:36	XLON
43	2515	09:15:51	XLON
26	2515	09:15:51	XLON
50	2515	09:15:51	XLON
40	2515	09:15:51	XLON
50	2515	09:15:51	XLON
50	2515	09:15:51	XLON
26	2515	09:15:51	XLON
129	2520	09:26:50	XLON
147	2520	09:26:50	XLON
35	2520	09:26:50	XLON
324	2515	09:50:56	XLON
949	2520	10:15:16	XLON
289	2520	10:15:16	XLON
985	2520	10:15:16	XLON
309	2520	10:15:16	XLON
1	2520	10:15:16	XLON
328	2505	10:20:18	XLON
6	2515	10:37:01	XLON
57	2515	10:37:49	XLON
50	2515	10:37:49	XLON
133	2515	10:37:49	XLON
37	2515	10:37:49	XLON
4	2510	10:43:24	XLON
279	2510	10:43:24	XLON
286	2510	10:43:24	XLON
100	2510	11:00:00	XLON
182	2510	11:00:00	XLON
4	2510	11:07:00	XLON
327	2510	11:07:00	XLON
232	2510	11:07:00	XLON
2	2510	11:07:00	XLON
104	2510	11:07:00	XLON
58	2510	11:07:00	XLON
100	2510	11:07:00	XLON
100	2510	11:07:00	XLON
27	2510	11:07:00	XLON
3	2495	11:30:25	XLON
283	2495	11:30:25	XLON
343	2490	11:30:25	XLON
86	2485	11:53:53	XLON
286	2490	12:12:02	XLON
77	2490	12:12:02	XLON
128	2490	12:12:19	XLON
74	2490	12:12:19	XLON
19	2485	12:12:27	XLON
50	2485	12:12:27	XLON
50	2485	12:12:27	XLON
15	2485	12:12:27	XLON
45	2485	12:12:27	XLON
28	2485	12:12:27	XLON
22	2485	12:12:27	XLON
50	2485	12:12:27	XLON
199	2485	12:19:16	XLON
10	2485	12:19:16	XLON
315	2480	12:25:05	XLON
2	2480	12:25:05	XLON
291	2475	12:26:49	XLON
333	2465	12:39:45	XLON
100	2455	12:49:59	XLON
50	2455	12:50:01	XLON
100	2455	12:50:01	XLON
50	2455	12:50:01	XLON
13	2455	12:50:01	XLON
287	2460	12:57:44	XLON
319	2450	13:05:55	XLON
100	2445	13:16:38	XLON
200	2445	13:16:38	XLON
302	2430	13:28:47	XLON
43	2420	13:35:42	XLON
331	2420	13:35:42	XLON
267	2420	13:35:42	XLON
293	2415	13:42:37	XLON
100	2415	13:52:30	XLON
610	2425	13:57:59	XLON
71	2425	13:57:59	XLON
4	2425	14:02:21	XLON
298	2425	14:02:21	XLON
4	2425	14:05:54	XLON
100	2425	14:05:54	XLON
150	2425	14:05:54	XLON
68	2425	14:05:54	XLON
29	2425	14:05:54	XLON
2	2425	14:05:54	XLON
100	2425	14:09:54	XLON
167	2425	14:09:54	XLON
76	2425	14:09:54	XLON
277	2420	14:12:27	XLON
198	2420	14:12:27	XLON
91	2420	14:12:27	XLON
303	2415	14:13:15	XLON
50	2415	14:26:15	XLON
155	2415	14:26:15	XLON
50	2415	14:26:15	XLON
46	2415	14:26:15	XLON
118	2410	14:26:15	XLON
1	2410	14:26:15	XLON
182	2410	14:26:15	XLON
291	2410	14:26:15	XLON
34	2400	14:41:03	XLON
50	2400	14:41:03	XLON
104	2400	14:41:03	XLON
32	2400	14:41:03	XLON
61	2400	14:41:03	XLON
100	2395	14:42:30	XLON
131	2400	14:42:30	XLON
50	2395	14:42:30	XLON
145	2400	14:42:30	XLON
100	2395	14:42:30	XLON
50	2400	14:42:30	XLON
36	2395	14:42:30	XLON
313	2390	14:44:54	XLON
301	2390	14:53:00	XLON
15	2390	15:02:53	XLON
120	2390	15:02:53	XLON
150	2390	15:02:53	XLON
37	2390	15:02:53	XLON
63	2390	15:02:53	XLON
100	2390	15:02:53	XLON
50	2390	15:02:53	XLON
82	2390	15:02:53	XLON
5	2405	15:14:29	XLON
3	2405	15:14:29	XLON
314	2405	15:22:54	XLON
268	2405	15:22:54	XLON
307	2405	15:22:54	XLON
334	2405	15:26:54	XLON
43	2405	15:36:08	XLON
4	2405	15:39:27	XLON
71	2405	15:39:27	XLON
172	2405	15:39:27	XLON
50	2405	15:39:27	XLON
100	2405	15:39:27	XLON
80	2405	15:39:27	XLON
133	2405	15:39:27	XLON
104	2405	15:41:53	XLON
67	2410	15:46:22	XLON
240	2410	15:46:22	XLON
281	2410	15:48:27	XLON
45	2415	15:56:08	XLON
264	2415	15:56:08	XLON
340	2415	15:56:08	XLON
200	2415	16:03:08	XLON
94	2415	16:03:08	XLON
50	2415	16:07:09	XLON
50	2415	16:07:09	XLON
238	2415	16:07:09	XLON
151	2410	16:09:59	XLON
44	2410	16:12:48	XLON
96	2410	16:12:48	XLON
28	2410	16:12:48	XLON
26	2410	16:12:48	XLON
25	2410	16:14:31	XLON
10	2410	16:14:31	XLON
43	2410	16:14:38	XLON
46	2410	16:16:58	XLON
43	2410	16:17:48	XLON
119	2410	16:22:19	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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