Transaction in Own Shares

RNS Number : 0212Y

Bank of Georgia Group PLC

01 September 2022

 

London, 1 September 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 1 September 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:	1 September 2022
Number of Shares purchased:	22,000 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:	2015.0000p
Lowest price paid per Share:	1916.0000p
Average market price paid per share:	2001.8341p

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 48,620,939 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:  1 September 2022

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2001.8341p	22,000

Number of shares purchased	Transaction price (per share)	Time of transaction
92	1916	08:17:13
431	1996	08:34:56
44	1996	08:34:56
200	2005	08:43:19
25	2005	08:43:19
49	2005	08:43:19
456	2000	08:50:43
254	2000	08:50:43
140	2000	08:50:43
131	2000	08:50:43
3	2015	09:19:39
469	2015	09:25:40
352	2010	09:34:58
186	2010	09:34:58
297	2005	09:51:39
225	2005	09:51:39
467	2000	10:47:44
463	2000	10:47:44
80	2000	10:48:38
541	2000	10:48:38
94	2000	10:57:26
383	2000	10:57:26
543	1996	10:57:56
526	2000	11:19:19
174	2000	11:19:19
282	2000	11:19:19
472	2000	11:19:19
200	1998	11:19:19
197	1998	11:19:22
54	1998	11:19:22
125	2000	11:41:32
125	2000	11:41:32
214	2000	11:41:32
9	1998	12:06:33
61	2000	12:22:38
137	2000	12:22:38
157	2005	12:49:41
30	2005	12:49:41
192	2005	12:49:41
194	2005	12:49:41
98	2005	12:49:41
30	2005	12:49:41
47	2005	12:49:41
6	2005	12:49:41
133	2005	12:49:41
133	2005	12:49:41
133	2005	12:49:49
201	2005	12:49:49
70	2005	12:49:49
448	2000	12:52:00
468	1998	12:52:39
449	1996	12:53:10
84	2005	13:49:32
236	2005	13:49:32
267	2005	13:49:32
396	2005	13:49:32
197	2005	13:49:32
325	2005	13:49:32
445	2000	13:53:48
91	1998	13:54:04
428	1998	13:54:04
9	1998	14:03:46
514	2000	14:24:21
285	2000	14:24:21
167	2000	14:24:21
157	1998	14:24:21
207	2000	14:37:04
500	2005	14:53:39
42	2005	14:53:39
276	2000	14:53:39
5	2000	14:53:39
444	2000	14:53:39
496	1998	14:53:42
505	2000	15:05:34
181	1998	15:12:19
302	1998	15:12:19
184	2010	15:36:13
31	2010	15:36:13
258	2010	15:36:13
125	2010	15:36:13
125	2010	15:36:13
125	2010	15:36:13
120	2010	15:36:13
544	2005	15:41:02
468	2000	15:43:53
36	2005	15:59:03
125	2005	15:59:03
389	2005	15:59:03
32	2000	16:00:19
35	2000	16:01:51
357	2005	16:07:04
35	2005	16:08:33
36	2005	16:11:03
14	2010	16:14:15
99	2010	16:14:15
7	2010	16:14:15
80	2010	16:14:15
283	2010	16:14:15
88	2005	16:14:20
450	2005	16:20:31
46	2005	16:22:31
32	2005	16:22:31
17	2005	16:22:31
10	2005	16:22:31

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Link Company Matters Limited, [phone]

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
[phone]	[phone]	[phone]	[phone] (7515)
[e-mail]	[e-mail]	[e-mail]	[e-mail]

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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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