Transaction in Own Shares - Correction

RNS Number : 5060W
Bank of Georgia Group PLC
18 August 2022
 

 

London, 18 August 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

The following announcement replaces the 'Transaction in Own Shares' announcement released 17 August 2022 at 17:20 under RNS Number 3835W. The number of shares purchased has been corrected from 18,00 shares to 18,000 shares. All other details remain unchanged.

 

The corrected announcement is set out in full below.

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 17 August 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:

17 August 2022

 

Number of Shares purchased:

 

18,000 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:

 

1974.0000p

Lowest price paid per Share: 

 

1944.0000p

Average market price paid per share:

 

1961.2769p

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 48,808,134 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 August 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1961.2769p

18,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

378

1948

08:24:11

121

1948

08:24:11

314

1948

08:32:51

311

1958

08:39:27

71

1958

08:40:29

463

1958

08:40:29

319

1946

09:12:26

293

1958

09:44:21

50

1958

09:44:21

343

1956

09:44:31

347

1968

10:22:11

295

1968

10:22:11

409

1974

10:37:13

424

1974

10:37:13

322

1974

10:37:15

3

1970

10:44:28

389

1970

10:44:28

319

1968

10:58:37

300

1970

11:01:27

354

1970

11:16:59

328

1968

11:25:51

1148

1974

12:05:37

304

1974

12:09:07

119

1972

12:09:07

318

1974

12:12:54

192

1968

12:14:25

94

1968

12:14:25

226

1960

12:20:17

100

1960

12:20:17

7

1960

12:20:17

93

1952

12:33:37

312

1964

13:06:59

313

1962

13:07:06

28

1962

13:07:06

305

1956

13:26:02

131

1952

13:30:14

212

1952

13:30:14

410

1956

13:39:29

283

1956

13:54:04

56

1956

13:54:04

292

1956

14:02:32

289

1944

14:07:29

344

1944

14:29:42

320

1950

14:52:17

180

1950

14:52:17

125

1950

14:52:17

175

1950

14:52:17

179

1950

14:52:17

293

1950

14:52:17

65

1950

14:52:17

119

1950

14:52:17

339

1956

15:02:39

200

1958

15:10:23

67

1958

15:10:23

85

1958

15:10:23

59

1958

15:16:59

284

1958

15:16:59

293

1958

15:19:59

15

1958

15:19:59

325

1956

15:19:59

333

1960

15:33:42

316

1964

15:37:42

7

1964

15:42:42

50

1964

15:42:42

151

1964

15:42:42

350

1960

15:45:13

464

1962

15:45:13

23

1962

16:03:49

129

1962

16:03:49

280

1964

16:08:56

12

1964

16:08:56

59

1964

16:09:09

9

1964

16:09:19

18

1964

16:09:20

5

1964

16:09:20

309

1962

16:10:04

308

1970

16:18:10

325

1970

16:19:50

 

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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