Transaction in Own Shares

RNS Number : 2428S
Bank of Georgia Group PLC
12 July 2022
 

 

London, 12 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 12 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:

12 July 2022

 

Number of Shares purchased:

 

16,083 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:

 

1408.0000p

Lowest price paid per Share: 

 

1378.0000p

Average market price paid per share:

 

1389.4778p

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 49,138,345 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:  12 July 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1389.4778p

16,083

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

220

1382

08:26:07

100

1380

08:26:07

99

1380

08:26:07

219

1384

08:27:25

228

1382

08:29:52

200

1382

08:29:52

100

1382

08:34:04

102

1382

08:34:04

181

1378

08:36:58

114

1380

08:43:16

69

1380

08:43:16

208

1384

08:55:46

216

1382

08:57:01

12

1386

09:09:32

183

1386

09:09:42

1

1384

09:12:05

179

1384

09:12:05

179

1382

09:14:43

200

1384

09:14:43

25

1380

09:29:17

219

1388

09:41:29

232

1388

09:41:29

197

1388

09:46:43

217

1386

09:49:12

100

1386

09:49:12

85

1386

09:49:12

197

1382

09:59:04

197

1378

10:03:58

180

1378

10:11:58

178

1382

10:28:12

195

1384

10:29:22

12

1386

10:40:02

8

1386

10:40:02

140

1386

10:40:02

14

1386

10:40:02

10

1386

10:40:02

183

1384

10:42:01

200

1384

10:48:42

200

1384

10:51:48

217

1388

11:12:06

81

1392

11:26:03

1

1392

11:26:03

19

1392

11:26:03

2

1392

11:26:03

2

1392

11:26:03

200

1392

11:26:03

189

1392

11:26:03

99

1392

11:31:03

2

1392

11:31:03

100

1392

11:34:03

80

1392

11:34:03

200

1392

11:41:02

189

1390

11:46:49

210

1388

11:47:46

188

1380

11:53:23

3

1388

12:20:42

3

1388

12:20:42

10

1388

12:20:42

3

1388

12:20:42

14

1388

12:20:42

269

1390

12:30:02

126

1388

12:30:08

56

1388

12:30:08

222

1386

12:30:31

187

1384

12:36:21

218

1380

12:42:11

145

1380

12:49:44

40

1380

12:49:44

200

1382

12:49:44

180

1378

13:07:59

209

1378

13:07:59

192

1378

13:19:20

1

1384

13:32:48

189

1386

13:36:25

195

1386

13:36:25

1

1388

13:46:34

200

1388

13:47:34

93

1386

13:48:12

55

1386

13:48:12

53

1386

13:48:12

200

1392

14:07:42

14

1394

14:07:42

200

1392

14:12:06

82

1390

14:16:40

72

1390

14:16:40

200

1392

14:16:40

63

1392

14:16:40

123

1392

14:32:02

25

1392

14:32:02

104

1390

14:34:27

11

1396

14:38:26

200

1396

14:38:26

100

1394

14:39:21

87

1394

14:39:21

188

1396

14:45:19

100

1396

14:45:19

102

1396

14:45:19

212

1394

14:52:19

183

1396

14:58:42

7

1396

14:58:42

141

1392

14:59:46

46

1392

14:59:46

188

1392

14:59:46

100

1396

15:08:58

90

1396

15:08:58

6

1400

15:12:43

100

1400

15:14:43

96

1400

15:14:43

11

1400

15:16:22

16

1400

15:16:22

16

1400

15:16:27

168

1400

15:19:47

32

1400

15:19:47

155

1400

15:19:47

200

1400

15:20:02

6

1400

15:20:02

67

1400

15:22:02

41

1400

15:29:11

100

1400

15:29:11

62

1400

15:29:11

1

1400

15:33:45

197

1400

15:44:12

177

1400

15:44:12

25

1400

15:44:12

188

1400

15:44:12

89

1400

15:52:42

28

1404

15:55:23

1

1404

15:57:05

183

1404

15:59:54

210

1404

16:00:53

98

1406

16:08:43

112

1406

16:08:43

46

1408

16:14:54

148

1408

16:14:54

39

1408

16:14:54

73

1408

16:15:53

187

1408

16:18:50

125

1408

16:20:08

 

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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