Transaction in Own Shares

RNS Number : 5135T
Bank of Georgia Group PLC
22 July 2022
 

 

London, 22 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 22 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:

22 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:

 

1440.0000p

Lowest price paid per Share: 

 

1416.0000p

Average market price paid per share:

 

1433.1811p

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 49,027,334 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:  22 July 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1433.1811p

15,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

243

1432

08:30:23

40

1432

08:30:23

250

1434

09:05:05

150

1432

09:05:05

75

1432

09:05:05

14

1432

09:05:05

145

1434

09:05:05

53

1434

09:05:05

16

1436

09:05:05

206

1428

09:05:07

143

1418

09:19:27

62

1418

09:19:27

17

1418

09:29:06

115

1422

09:29:51

53

1422

09:29:51

58

1420

09:30:43

150

1420

09:30:43

6

1420

09:30:43

200

1422

09:30:43

243

1426

09:45:15

74

1420

09:54:17

178

1420

09:54:17

243

1416

10:29:14

200

1418

10:29:14

120

1418

10:29:14

85

1418

10:29:14

90

1418

10:43:14

81

1420

10:49:19

169

1420

10:49:19

115

1424

11:04:20

41

1424

11:04:20

55

1424

11:04:20

200

1424

11:06:41

218

1422

11:12:45

2

1422

11:37:20

59

1422

11:37:20

71

1422

11:37:20

70

1424

11:44:14

100

1424

11:44:14

35

1424

11:44:14

182

1436

12:14:08

63

1436

12:14:08

54

1436

12:14:08

1

1434

12:14:08

75

1436

12:36:16

136

1436

12:36:16

212

1436

12:36:16

43

1436

12:36:16

338

1436

12:36:16

22

1436

12:39:31

202

1436

12:39:31

54

1436

12:39:31

191

1436

12:39:32

211

1434

12:40:00

216

1436

12:58:52

249

1438

13:10:22

430

1438

13:19:15

244

1438

13:24:15

239

1438

13:27:12

210

1440

13:27:20

247

1440

13:27:40

213

1438

13:27:56

108

1436

13:41:07

170

1436

13:41:07

225

1436

13:41:07

58

1434

13:44:19

171

1434

13:44:19

120

1436

14:06:21

214

1438

14:14:14

169

1438

14:22:15

54

1438

14:22:15

218

1438

14:28:15

224

1438

14:36:20

20

1438

14:36:20

230

1438

14:45:20

236

1436

14:45:28

4

1436

14:52:00

150

1436

14:52:00

55

1436

14:52:00

225

1438

15:00:25

222

1438

15:06:25

50

1438

15:12:25

191

1438

15:12:25

228

1438

15:15:25

229

1438

15:19:30

51

1436

15:21:12

75

1436

15:21:12

104

1436

15:21:12

4

1436

15:41:11

149

1436

15:41:11

38

1436

15:41:11

65

1436

15:41:11

191

1436

15:41:11

228

1436

15:41:11

200

1436

15:41:11

61

1438

15:51:10

49

1438

15:51:10

6

1438

15:51:10

109

1438

15:51:10

235

1438

15:53:10

210

1438

15:56:10

237

1438

15:59:10

75

1436

16:03:58

148

1436

16:03:58

70

1436

16:03:58

75

1436

16:03:58

79

1436

16:03:58

249

1438

16:11:51

41

1438

16:15:51

6

1438

16:15:51

1

1438

16:15:51

4

1438

16:20:50

161

1438

16:20:50

231

1438

16:20:50


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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