Transaction in Own Shares

RNS Number : 3624T
Bank of Georgia Group PLC
21 July 2022
 

 

London, 21 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 21 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:

21 July 2022

 

Number of Shares purchased:

 

15,000 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:

 

1438.0000p

Lowest price paid per Share: 

 

1408.0000p

Average market price paid per share:

 

1425.9529p

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 49,042,334 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:  21 July 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1425.9529p

15,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

203

1424

08:29:35

90

1424

08:29:35

135

1428

08:35:36

200

1428

08:35:36

13

1428

08:35:36

236

1428

08:35:36

200

1418

08:58:25

234

1418

08:58:25

159

1418

08:58:25

215

1418

09:06:13

254

1416

09:06:13

2

1410

09:23:41

218

1410

09:23:41

150

1408

09:28:02

75

1408

09:28:02

97

1408

09:28:02

240

1414

09:41:28

100

1414

09:41:28

117

1414

09:41:28

401

1422

10:16:25

209

1422

10:22:48

21

1422

10:22:48

100

1424

10:37:01

83

1424

10:38:02

129

1424

10:38:02

334

1428

10:58:46

230

1428

10:58:46

158

1430

11:09:10

59

1430

11:09:10

215

1434

11:29:18

75

1432

11:34:00

147

1432

11:34:00

200

1432

11:34:59

62

1430

11:36:41

177

1430

11:36:41

7

1428

11:50:05

75

1428

11:50:05

171

1428

11:50:05

199

1428

12:23:22

142

1428

12:23:22

167

1428

12:23:22

29

1428

12:23:22

200

1428

12:39:17

27

1428

12:39:17

82

1428

12:48:17

5

1428

12:59:13

144

1432

13:14:26

162

1432

13:14:26

36

1432

13:14:26

55

1432

13:14:26

75

1430

13:14:26

134

1430

13:14:26

14

1428

13:15:11

195

1428

13:15:11

65

1432

13:21:24

75

1432

13:21:24

74

1432

13:21:24

7

1432

13:21:24

207

1432

13:21:24

233

1432

13:35:18

89

1434

13:45:40

100

1436

13:48:27

115

1436

13:48:27

119

1434

13:54:37

75

1434

13:54:37

39

1434

13:54:37

215

1432

14:02:01

210

1428

14:08:02

114

1418

14:14:32

103

1418

14:14:32

44

1414

14:22:10

179

1414

14:22:10

162

1416

14:31:52

69

1416

14:31:52

100

1418

14:35:38

126

1418

14:35:38

167

1420

14:44:13

110

1420

14:44:13

125

1420

14:52:13

90

1420

14:52:13

208

1424

14:56:58

197

1426

15:01:13

158

1426

15:01:13

9

1424

15:02:18

208

1424

15:02:18

229

1420

15:13:18

219

1418

15:14:08

255

1418

15:14:08

256

1418

15:26:48

200

1420

15:26:48

72

1420

15:26:48

236

1430

15:39:04

225

1436

15:43:03

2

1436

15:43:03

138

1438

15:45:07

113

1438

15:45:13

152

1438

15:45:13

200

1434

15:52:25

39

1434

15:52:25

200

1434

15:58:13

154

1434

15:58:13

15

1436

16:11:57

361

1436

16:11:57

93

1434

16:11:57

128

1434

16:11:57

2

1436

16:17:27

159

1436

16:17:27

150

1438

16:21:12

65

1438

16:21:12

88

1436

16:22:05


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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