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, [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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