Transaction in Own Shares

RNS Number : 1563U
Bank of Georgia Group PLC
28 July 2022
 

 

London, 28 July 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 28 July 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:

28 July 2022

 

Number of Shares purchased:

 

17,000 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:

 

1450.0000p

Lowest price paid per Share: 

 

1432.0000p

Average market price paid per share:

 

1437.6833p

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 48,961,334 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:  28 July 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1437.6833p

17,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

303

1440

08:26:04

31

1440

08:26:04

344

1438

08:26:04

75

1438

08:31:00

150

1438

08:31:00

93

1438

08:31:00

199

1450

09:00:01

90

1450

09:00:01

331

1446

09:00:14

288

1442

09:00:19

22

1444

09:00:19

156

1440

09:05:38

41

1438

09:37:43

291

1442

09:52:22

69

1440

09:52:22

226

1440

09:52:22

2

1438

10:05:28

150

1438

10:05:28

75

1438

10:05:28

75

1438

10:05:28

75

1438

10:05:28

16

1438

10:05:28

200

1438

10:11:18

75

1438

10:11:18

14

1438

10:11:18

667

1440

10:39:03

234

1438

10:39:30

342

1438

10:53:50

374

1436

10:56:03

25

1434

10:59:10

265

1434

10:59:10

343

1432

11:51:12

55

1434

12:07:31

44

1434

12:07:31

151

1434

12:07:31

147

1434

12:07:38

8

1434

12:07:38

304

1434

12:20:45

289

1434

12:20:45

200

1434

12:20:45

337

1440

12:48:58

323

1438

12:59:13

312

1436

13:02:00

39

1434

13:09:44

255

1434

13:09:44

200

1434

13:11:44

106

1434

13:11:44

90

1434

13:30:11

248

1434

13:30:11

43

1436

13:59:33

295

1436

13:59:33

290

1434

14:06:55

226

1434

14:06:55

64

1434

14:06:55

117

1438

14:23:18

155

1438

14:23:18

147

1438

14:23:18

172

1438

14:23:18

432

1438

14:23:18

309

1438

14:39:58

191

1438

14:41:58

53

1438

14:41:58

305

1438

14:41:58

31

1438

14:41:58

47

1436

14:47:17

75

1436

14:47:17

75

1436

14:47:17

47

1436

14:47:17

47

1436

14:47:17

326

1436

15:01:02

110

1436

15:04:14

75

1436

15:04:14

75

1436

15:04:14

42

1436

15:04:14

108

1436

15:04:14

1

1436

15:04:14

239

1436

15:08:35

301

1436

15:09:18

339

1436

15:22:24

2

1436

15:22:24

113

1438

15:32:19

50

1438

15:32:19

177

1438

15:32:19

11

1436

15:32:19

189

1436

15:32:19

55

1436

15:32:20

92

1436

15:32:32

500

1438

15:40:58

139

1438

15:40:58

773

1440

15:52:26

2

1440

16:03:18

4

1440

16:03:18

430

1440

16:03:18

109

1440

16:03:18

200

1438

16:07:46

4

1438

16:07:46

36

1438

16:07:46

65

1438

16:07:46

103

1438

16:12:46

220

1438

16:12:46

196

1440

16:17:02

44

1440

16:17:02

 

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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