Transaction in Own Shares

RNS Number : 9840T
Bank of Georgia Group PLC
27 July 2022
 

 

London, 27 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 27 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:

27 July 2022

 

Number of Shares purchased:

 

17,000 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:

 

1432.2482p

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 48,978,334 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:  27 July 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1432.2482p

17,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

335

1430

08:37:50

295

1430

08:53:53

5

1428

08:59:29

256

1428

08:59:29

294

1424

09:13:05

150

1422

09:14:26

75

1422

09:14:26

50

1422

09:14:26

24

1422

09:14:26

234

1416

09:22:18

25

1416

09:22:18

144

1408

09:28:10

168

1408

09:28:10

142

1416

09:58:10

121

1416

09:58:10

377

1422

10:12:11

262

1422

10:12:38

146

1424

10:14:28

13

1424

10:14:28

11

1424

10:14:28

7

1424

10:14:58

192

1422

10:18:09

84

1422

10:18:09

200

1422

10:18:09

60

1420

10:27:28

159

1430

10:39:18

141

1430

10:39:18

162

1432

10:53:38

54

1432

10:53:38

295

1430

11:23:59

280

1430

11:23:59

298

1426

11:25:44

45

1428

11:49:08

11

1428

11:49:08

282

1432

12:01:49

50

1432

12:01:49

134

1432

12:01:49

50

1432

12:01:49

304

1438

12:04:13

65

1436

12:04:13

21

1436

12:04:13

215

1436

12:04:13

291

1434

12:13:27

27

1434

12:35:20

17

1434

12:40:23

275

1434

12:40:23

306

1434

12:40:23

200

1434

12:40:23

83

1436

13:30:25

236

1436

13:30:25

14

1436

13:32:29

298

1436

13:32:29

367

1434

13:38:24

200

1434

13:50:18

200

1434

13:55:18

146

1436

14:07:49

75

1436

14:07:49

75

1436

14:07:49

26

1436

14:07:49

1

1436

14:14:33

304

1436

14:14:33

304

1436

14:23:33

279

1434

14:30:00

318

1434

14:30:00

261

1436

14:43:23

297

1436

14:50:43

265

1436

14:50:43

1

1436

14:59:32

151

1438

15:00:17

50

1438

15:00:17

288

1438

15:00:17

400

1438

15:00:17

331

1438

15:00:17

361

1438

15:00:17

109

1434

15:28:17

136

1434

15:28:17

251

1434

15:28:17

50

1434

15:28:17

200

1436

15:48:17

150

1436

15:48:17

75

1436

15:48:17

332

1438

16:05:24

1659

1438

16:05:24

427

1436

16:05:31

1

1432

16:14:43

282

1432

16:14:43

93

1434

16:17:09

160

1434

16:17:09

49

1434

16:17:09

5

1434

16:22:09

167

1434

16:22:09

7

1434

16:22:09

84

1434

16:22:09

80

1434

16:26:07

 

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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