Transaction in Own Shares

RNS Number : 0630B
Bank of Georgia Group PLC
28 September 2022
 

 

London, 28 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 28 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:

28 September 2022

 

Number of Shares purchased:

 

25,280 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:

 

2050.0000p

Lowest price paid per Share: 

 

1976.0000p

Average market price paid per share:

 

2004.3188p

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 48,204,305 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:  28 September 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2004.3188p

25,280

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

500

1996

08:19:39

79

1996

08:19:39

663

1992

08:20:19

664

1988

08:28:57

556

1988

08:38:53

250

1988

08:59:26

319

1988

08:59:26

550

1986

09:02:02

525

1994

09:28:29

155

1994

09:28:29

655

1998

09:42:26

568

2015

10:05:53

9

2015

10:05:53

627

2015

10:05:53

142

2015

10:05:53

79

2015

10:05:53

158

2015

10:05:53

12

2015

10:05:53

139

2010

10:06:04

506

2010

10:06:04

14

2010

10:06:04

21

2010

10:07:11

6

2010

10:39:18

347

2010

10:39:18

217

2015

10:58:14

11

2010

11:01:24

500

2010

11:01:24

39

2010

11:01:24

390

2015

11:01:24

215

2015

11:01:24

114

2020

11:07:37

485

2020

11:07:37

153

2050

11:33:10

122

2050

11:33:10

122

2050

11:33:10

35

2050

11:33:10

629

2045

11:36:40

39

2045

11:36:56

345

2045

11:36:56

203

2045

11:36:56

36

2035

12:04:43

280

2035

12:04:43

262

2035

12:04:43

18

2030

12:08:07

580

2030

12:08:14

628

2025

12:14:19

52

2020

12:46:37

523

2020

12:46:37

474

2000

13:12:01

172

2000

13:12:01

470

2000

13:25:11

69

2000

13:27:01

51

2000

13:27:20

384

2000

13:27:20

301

2000

13:27:20

168

1982

13:40:01

167

1982

13:40:01

190

1978

14:07:39

250

1978

14:07:39

141

1978

14:07:39

152

1980

14:07:39

97

1980

14:07:39

96

1980

14:07:39

151

1980

14:07:39

149

1980

14:07:39

181

1992

14:28:29

306

1992

14:28:29

174

1992

14:28:29

442

1988

14:30:00

110

1988

14:30:00

235

1976

14:37:58

250

1976

14:37:58

144

1976

14:37:58

32

2000

14:53:31

701

2000

14:53:31

156

2000

14:53:31

164

2000

14:53:31

98

2000

14:53:31

582

1996

14:57:58

148

1986

15:04:56

172

1986

15:04:56

172

1986

15:04:56

302

1986

15:17:04

307

1986

15:17:04

185

2005

15:36:17

41

2005

15:36:17

129

2005

15:36:17

129

2005

15:36:17

766

2005

15:38:17

37

2005

15:38:17

593

2000

15:39:34

658

2000

16:00:53

1042

2015

16:20:43

 

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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