Transaction in Own Shares

RNS Number : 5767T
Bank of Georgia Group PLC
20 March 2023
 

London, 20 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 20 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:

2 0 March 2023

 

Number of Shares purchased:

 

2 6,000 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:

 

2460.0000p

Lowest price paid per Share: 

 

2335.0000p

Average market price paid per share:

 

2419.3885p

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 47,196,533 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:  20 March 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2419.3885p

26,000

 

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

63

2335

09:42:03

XLON

83

2345

09:43:43

XLON

200

2345

09:44:02

XLON

350

2345

09:44:02

XLON

306

2345

09:44:02

XLON

12

2340

09:52:03

XLON

63

2340

09:52:03

XLON

26

2350

09:53:19

XLON

271

2350

09:53:19

XLON

120

2360

10:00:27

XLON

194

2360

10:00:27

XLON

145

2360

10:00:27

XLON

46

2360

10:00:27

XLON

12

2360

10:00:27

XLON

136

2360

10:00:27

XLON

300

2360

10:00:27

XLON

60

2360

10:00:27

XLON

339

2370

10:18:45

XLON

216

2360

10:21:56

XLON

104

2360

10:21:56

XLON

127

2360

10:36:36

XLON

50

2360

10:36:36

XLON

15

2360

10:36:36

XLON

118

2360

10:36:36

XLON

311

2395

11:03:13

XLON

88

2390

11:04:17

XLON

242

2390

11:04:17

XLON

282

2390

11:04:17

XLON

52

2380

11:04:21

XLON

212

2380

11:04:21

XLON

146

2380

11:04:21

XLON

99

2375

11:04:25

XLON

208

2375

11:04:25

XLON

202

2370

11:06:03

XLON

79

2370

11:06:03

XLON

320

2375

11:35:45

XLON

49

2370

11:35:49

XLON

50

2370

11:35:49

XLON

101

2370

11:35:49

XLON

199

2370

11:35:49

XLON

69

2365

11:42:59

XLON

32

2365

11:42:59

XLON

150

2365

11:42:59

XLON

62

2365

11:42:59

XLON

111

2395

12:44:01

XLON

3

2395

12:44:01

XLON

50

2395

12:44:24

XLON

9

2395

12:44:27

XLON

22

2395

12:44:27

XLON

27

2395

12:44:27

XLON

565

2395

12:44:27

XLON

140

2395

12:44:27

XLON

32

2395

12:44:27

XLON

328

2395

12:46:14

XLON

275

2395

12:46:14

XLON

53

2395

12:46:14

XLON

86

2390

12:46:28

XLON

31

2410

12:56:28

XLON

303

2410

12:56:28

XLON

68

2410

13:01:05

XLON

17

2410

13:01:05

XLON

200

2410

13:01:05

XLON

55

2405

13:07:43

XLON

45

2405

13:07:43

XLON

223

2405

13:07:43

XLON

81

2405

13:07:43

XLON

75

2405

13:07:43

XLON

88

2405

13:07:43

XLON

73

2405

13:07:43

XLON

223

2410

13:20:35

XLON

54

2410

13:20:35

XLON

21

2410

13:20:35

XLON

336

2405

13:23:19

XLON

7

2410

13:34:12

XLON

298

2420

13:38:25

XLON

76

2415

13:38:46

XLON

174

2415

13:38:46

XLON

41

2415

13:38:46

XLON

63

2410

13:39:24

XLON

11

2410

13:39:24

XLON

50

2410

13:41:04

XLON

279

2410

13:41:04

XLON

263

2410

13:41:04

XLON

76

2410

13:41:04

XLON

20

2410

13:47:45

XLON

48

2410

13:48:39

XLON

105

2420

13:50:13

XLON

237

2420

13:50:13

XLON

259

2420

13:52:24

XLON

43

2420

13:52:24

XLON

57

2420

13:52:24

XLON

150

2420

13:52:24

XLON

70

2420

13:52:24

XLON

42

2420

13:55:02

XLON

36

2420

13:55:02

XLON

200

2420

13:55:02

XLON

59

2415

13:56:05

XLON

68

2415

13:57:45

XLON

5

2425

14:05:35

XLON

383

2425

14:06:54

XLON

350

2425

14:06:54

XLON

200

2425

14:06:54

XLON

5

2425

14:06:54

XLON

10

2445

14:28:53

XLON

966

2445

14:28:59

XLON

50

2445

14:28:59

XLON

242

2445

14:28:59

XLON

44

2445

14:28:59

XLON

163

2445

14:28:59

XLON

329

2445

14:28:59

XLON

150

2455

14:36:34

XLON

129

2455

14:36:34

XLON

126

2455

14:36:34

XLON

100

2455

14:36:34

XLON

201

2455

14:36:34

XLON

2

2460

14:41:55

XLON

100

2460

14:41:56

XLON

221

2460

14:42:28

XLON

100

2460

14:44:05

XLON

200

2460

14:44:05

XLON

160

2455

14:45:16

XLON

119

2455

14:45:16

XLON

300

2455

14:45:16

XLON

8

2455

14:53:37

XLON

114

2455

14:54:37

XLON

4

2455

14:54:37

XLON

98

2455

14:54:37

XLON

76

2455

14:54:37

XLON

19

2455

14:59:41

XLON

17

2455

14:59:41

XLON

46

2455

14:59:42

XLON

63

2455

14:59:46

XLON

101

2460

15:02:00

XLON

214

2460

15:02:00

XLON

315

2455

15:02:00

XLON

286

2460

15:05:53

XLON

20

2460

15:08:53

XLON

64

2460

15:11:01

XLON

256

2460

15:11:01

XLON

32

2460

15:11:01

XLON

250

2460

15:11:01

XLON

15

2460

15:11:01

XLON

89

2460

15:11:01

XLON

47

2460

15:12:01

XLON

91

2460

15:12:01

XLON

100

2460

15:12:01

XLON

90

2460

15:12:01

XLON

1

2455

15:13:03

XLON

250

2455

15:13:03

XLON

61

2455

15:13:03

XLON

88

2455

15:25:52

XLON

65

2455

15:25:52

XLON

75

2455

15:25:52

XLON

71

2455

15:25:52

XLON

299

2455

15:25:52

XLON

215

2450

15:25:58

XLON

72

2450

15:26:39

XLON

5

2450

15:26:39

XLON

96

2450

15:32:16

XLON

45

2450

15:33:16

XLON

23

2450

15:33:16

XLON

4

2450

15:33:16

XLON

85

2450

15:33:16

XLON

45

2450

15:33:16

XLON

310

2450

15:33:16

XLON

86

2450

15:33:16

XLON

55

2450

15:33:16

XLON

166

2450

15:33:16

XLON

243

2445

15:39:59

XLON

69

2445

15:42:39

XLON

66

2445

15:43:19

XLON

46

2445

15:43:19

XLON

146

2445

15:44:59

XLON

45

2445

15:45:14

XLON

17

2445

15:46:39

XLON

127

2445

15:46:39

XLON

126

2445

15:48:19

XLON

59

2445

15:49:59

XLON

64

2450

15:51:09

XLON

45

2450

15:51:14

XLON

160

2450

15:51:39

XLON

65

2450

15:51:39

XLON

147

2450

15:53:19

XLON

153

2450

15:54:59

XLON

5

2450

15:56:14

XLON

190

2450

15:56:39

XLON

92

2450

15:58:19

XLON

2313

2450

15:58:35

XLON

 


LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

 

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

+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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