Transaction in Own Shares

RNS Number : 6609X
Bank of Georgia Group PLC
30 August 2022
 

 

London, 30 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 30 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:

30 August 2022

 

Number of Shares purchased:

 

20,000 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:

 

2025.0000p

Lowest price paid per Share: 

 

1944.0000p

Average market price paid per share:

 

2010.8329p

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 48,662,939 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:  30 August 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2010.8329p

20,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

68

1944

08:11:57

75

1978

08:20:43

435

1978

08:20:43

12

1978

08:20:43

63

1978

08:20:43

75

1978

08:20:43

180

1990

08:22:16

126

1990

08:22:16

50

1998

08:27:27

527

2000

08:28:16

422

2000

08:29:35

116

2000

08:29:35

191

2005

08:46:36

451

2010

08:51:01

517

2005

08:55:52

284

2020

09:12:41

215

2020

09:12:41

22

2020

09:12:41

445

2015

09:12:41

22

2015

09:12:41

56

2015

09:25:02

143

2015

09:25:02

68

2015

09:25:02

75

2015

09:25:02

193

2015

09:25:02

265

2015

09:25:02

7

2015

09:25:02

107

2015

09:25:02

70

2015

09:25:02

461

2010

09:27:10

105

2010

10:13:41

16

2010

10:13:41

10

2010

10:13:41

342

2020

10:26:39

216

2020

10:35:39

252

2020

10:35:39

450

2015

10:49:29

520

2015

10:49:29

97

2025

11:32:03

435

2025

11:32:03

544

2020

11:32:03

48

2015

11:48:54

438

2015

11:48:54

9

2010

11:58:58

536

2010

11:58:58

104

2015

12:44:37

205

2015

12:44:37

9

2015

13:02:23

436

2015

13:02:23

534

2015

13:02:23

5

2015

13:17:23

459

2015

13:37:03

473

2015

13:37:03

531

2010

13:45:30

380

2010

14:25:30

258

2010

14:25:30

280

2010

14:25:30

129

2010

14:25:30

76

2010

14:25:30

51

2010

14:25:30

12

2010

14:25:30

463

2010

14:30:18

523

2005

14:52:00

370

2005

15:05:41

97

2005

15:05:41

186

2005

15:05:41

75

2005

15:05:41

75

2005

15:05:41

75

2005

15:05:41

55

2005

15:05:41

3

2005

15:05:41

189

2005

15:05:41

90

2005

15:05:41

167

2010

15:29:43

9

2010

15:29:43

228

2010

15:29:43

134

2015

15:34:38

45

2015

15:34:38

284

2015

15:34:38

98

2015

15:34:38

130

2015

15:34:38

32

2015

15:34:38

59

2015

15:34:38

54

2015

15:34:38

45

2015

15:34:38

300

2015

15:34:38

246

2010

15:41:22

300

2010

15:41:23

26

2015

15:56:35

35

2015

15:56:35

200

2015

15:56:35

284

2015

15:56:35

53

2015

15:56:35

58

2015

15:56:35

53

2020

16:15:41

225

2020

16:15:41

253

2020

16:15:41

7

2020

16:15:41

7

2020

16:15:41

150

2020

16:15:41

34

2020

16:15:41

18

2020

16:15:41

396

2015

16:22:16

99

2015

16:22:16

69

2015

16:22:16

 

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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