Transaction in Own Shares

RNS Number : 0834W
Bank of Georgia Group PLC
15 August 2022
 

 

London, 15 August 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 15 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:

15 August 2022

 

Number of Shares purchased:

 

12,929 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:

 

1814.0000p

Lowest price paid per Share: 

 

1796.0000p

Average market price paid per share:

 

1806.8876p

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 48,830,354 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:  15 August 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1806.8876p

12,929

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

106

1804

08:51:22

237

1804

08:51:22

353

1802

08:58:16

374

1800

08:59:04

375

1796

09:20:25

320

1804

09:30:01

38

1804

09:30:01

390

1802

09:44:31

59

1800

10:15:16

49

1800

10:15:18

24

1800

10:15:18

195

1800

10:15:18

25

1800

10:15:18

39

1800

10:15:18

354

1804

10:30:45

207

1802

10:49:13

148

1802

10:49:13

85

1810

11:27:08

114

1810

11:27:08

1308

1812

12:08:47

40

1814

12:08:47

136

1814

12:08:47

47

1814

12:08:47

1092

1814

12:08:47

42

1800

12:33:37

274

1800

12:33:37

343

1802

12:48:54

131

1802

12:52:25

224

1802

12:52:25

28

1802

13:20:50

4

1802

13:29:38

179

1802

13:38:44

148

1802

13:39:10

324

1802

13:39:10

74

1802

13:52:58

161

1810

14:03:07

155

1810

14:03:07

349

1810

14:03:07

164

1810

14:16:49

138

1814

14:28:03

4

1814

14:29:26

271

1814

14:29:26

366

1814

14:29:26

331

1812

14:33:26

130

1810

14:37:02

279

1810

14:37:02

36

1808

14:43:55

340

1808

14:43:55

378

1806

14:43:55

287

1804

14:59:26

39

1804

14:59:26

98

1804

15:02:47

100

1804

15:02:47

100

1804

15:02:47

45

1804

15:02:47

10

1802

15:07:56

90

1802

15:07:56

218

1802

15:07:56

21

1802

15:13:48

49

1804

15:15:27

209

1804

15:26:42

62

1804

15:26:42

23

1810

15:32:56

13

1810

15:32:56

28

1812

15:33:36

25

1812

15:33:36

140

1812

15:33:55

46

1812

15:33:55

32

1814

16:12:22

67

1814

16:15:37

239

1814

16:15:37

 

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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