Transaction in Own Shares

RNS Number : 8363W
Bank of Georgia Group PLC
22 August 2022
 

 

London, 22 August 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 August 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 August 2022

 

Number of Shares purchased:

 

18,695 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:

 

2090.0000p

Lowest price paid per Share: 

 

2045.0000p

Average market price paid per share:

 

2070.0048p

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 48,759,439 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 August 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2070.0048p

18,695

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

81

2075

08:17:04

461

2065

08:18:35

15

2060

08:18:36

382

2060

08:18:36

3

2055

08:20:17

389

2055

08:20:17

220

2055

08:32:05

75

2055

08:32:05

104

2055

08:32:05

377

2055

08:46:46

333

2060

09:34:42

407

2060

09:34:42

185

2055

09:34:43

233

2055

09:34:43

22

2055

09:34:43

352

2060

10:10:54

349

2060

10:10:54

398

2055

10:12:37

338

2055

10:12:38

51

2055

10:12:38

404

2055

10:36:29

342

2045

10:36:29

348

2045

10:43:51

36

2045

10:43:51

393

2050

11:06:35

340

2050

11:06:35

103

2045

11:06:43

75

2045

11:06:43

75

2045

11:06:43

75

2045

11:06:43

17

2045

11:06:43

57

2045

11:06:43

557

2065

11:44:03

168

2065

12:27:05

3

2070

12:34:45

4

2070

13:04:36

352

2070

13:18:53

148

2070

13:18:53

145

2070

13:18:53

92

2070

13:18:53

327

2070

13:18:53

327

2070

13:18:53

398

2070

13:18:53

213

2065

13:19:36

328

2065

13:19:36

27

2060

13:19:54

46

2060

13:19:54

270

2060

13:19:54

400

2060

13:42:31

5

2060

13:42:31

248

2080

14:08:38

132

2080

14:08:38

361

2080

14:20:50

2

2090

14:31:15

365

2090

14:33:37

339

2090

14:33:37

401

2090

14:33:37

406

2090

15:11:13

390

2090

15:11:13

347

2090

15:11:13

396

2090

15:11:13

394

2090

15:11:13

595

2085

15:15:32

348

2085

15:20:57

381

2080

15:26:44

382

2080

15:39:42

328

2080

15:39:42

237

2075

15:40:14

87

2075

15:40:14

90

2075

15:40:14

55

2075

16:02:09

828

2085

16:18:50

225

2085

16:18:50

75

2085

16:18:50

71

2085

16:18:50

75

2085

16:18:50

16

2085

16:18:50

75

2085

16:18:50

138

2085

16:18:55

58

2085

16:23:40

 

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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