Transaction in Own Shares

RNS Number : 3384Y
Bank of Georgia Group PLC
05 September 2022
 

 

London, 5 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 5 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:

5 September 2022

 

Number of Shares purchased:

 

23,000 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:

 

2080.0000p

Lowest price paid per Share: 

 

2045.0000p

Average market price paid per share:

 

2073.0880p

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 48,575,939 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:  5 September 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2073.0880p

23,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

1323

2075

08:48:01

41

2070

08:51:01

168

2070

08:51:01

482

2070

08:51:01

571

2065

08:58:25

45

2070

09:12:21

269

2070

09:31:59

223

2070

09:36:24

227

2070

09:36:24

298

2080

10:17:33

322

2080

10:17:33

537

2080

10:17:33

69

2080

10:17:42

12

2080

10:17:42

100

2080

10:17:42

59

2080

10:35:42

50

2080

10:35:42

26

2080

10:35:42

62

2080

10:37:40

135

2080

10:37:40

154

2080

10:49:37

12

2080

10:49:37

116

2080

10:52:15

116

2080

10:58:20

15

2080

10:58:20

154

2080

11:04:33

10

2080

11:04:33

58

2080

11:04:42

52

2080

11:04:42

151

2080

11:04:59

116

2080

11:05:12

116

2080

11:07:02

193

2075

11:11:13

250

2075

11:11:13

131

2075

11:11:13

31

2075

11:12:13

142

2075

11:12:13

101

2070

11:15:59

496

2070

11:15:59

590

2060

11:32:02

3

2045

12:02:43

1

2045

12:03:04

304

2050

13:23:03

489

2050

13:23:03

11

2060

13:52:26

364

2075

13:55:59

191

2075

13:55:59

129

2075

13:55:59

50

2075

13:55:59

180

2075

13:55:59

47

2075

13:55:59

375

2075

13:55:59

127

2075

13:55:59

84

2070

13:56:04

147

2070

13:56:10

264

2070

13:56:10

89

2070

13:56:10

458

2065

13:56:58

66

2065

13:56:58

97

2065

14:00:58

118

2065

14:00:58

93

2065

14:00:58

208

2065

14:00:58

76

2065

14:08:58

154

2065

14:08:58

127

2065

14:14:12

17

2065

14:14:12

1

2065

14:14:12

182

2065

14:14:12

6

2065

14:14:12

58

2065

14:30:32

18

2065

14:30:32

118

2065

14:30:32

91

2065

14:30:32

64

2065

14:30:32

97

2065

14:30:32

153

2065

14:30:42

702

2060

14:32:42

20

2060

14:41:15

6

2060

14:41:22

91

2060

14:41:22

94

2060

14:41:22

23

2060

14:41:22

140

2060

14:41:22

44

2060

14:41:22

1

2055

14:44:50

94

2055

14:44:50

77

2055

14:44:50

89

2055

14:48:32

16

2055

14:48:32

9

2055

14:48:32

116

2055

14:48:32

54

2055

14:48:32

240

2065

15:14:28

1

2075

15:48:08

102

2080

16:02:08

126

2080

16:02:08

2500

2080

16:04:40

208

2080

16:05:29

1995

2080

16:05:29

1381

2080

16:05:29

34

2080

16:07:12

83

2080

16:07:12

150

2080

16:07:12

20

2080

16:07:12

43

2080

16:11:12

108

2080

16:11:12

20

2080

16:13:12

91

2080

16:13:12

11

2080

16:13:12

601

2080

16:15:12

29

2080

16:21:02

139

2080

16:21:02

14

2080

16:21:02

89

2080

16:21:02

6

2080

16:21:02

149

2080

16:21:02

10

2080

16:21:02

78

2080

16:21:02

116

2080

16:28:42

 

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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