Transaction in Own Shares

RNS Number : 2075R

Bank of Georgia Group PLC

27 February 2023

 

London, 27 February 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 27 February 2023, 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 16 February 2023 (the "Buyback Programme").

Date of purchase:	27 February 2023
Number of Shares purchased:	13,000 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:	2810.0000p
Lowest price paid per Share:	2765.0000p
Average market price paid per share:	2790.8938p

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 47,485,982 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 February 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2790.8938p	13,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
42	2780	08:44:56	XLON
75	2780	08:44:56	XLON
60	2780	08:44:56	XLON
7	2780	08:44:56	XLON
28	2775	08:54:31	XLON
60	2775	08:54:31	XLON
156	2775	08:54:31	XLON
20	2775	08:54:31	XLON
130	2775	08:54:31	XLON
50	2780	09:00:23	XLON
8	2785	09:03:24	XLON
94	2785	09:03:24	XLON
68	2785	09:03:24	XLON
153	2780	09:05:32	XLON
36	2780	09:05:32	XLON
35	2780	09:15:24	XLON
48	2780	09:18:24	XLON
153	2795	09:26:16	XLON
42	2795	09:26:16	XLON
218	2790	09:26:25	XLON
147	2790	09:27:07	XLON
52	2790	09:27:07	XLON
229	2785	09:28:25	XLON
42	2780	09:33:31	XLON
75	2780	09:33:31	XLON
69	2780	09:33:31	XLON
91	2780	09:33:31	XLON
20	2780	09:33:31	XLON
20	2780	09:33:31	XLON
40	2780	09:33:31	XLON
8	2780	09:33:31	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
20	2775	09:39:48	XLON
142	2775	09:39:48	XLON
48	2765	09:39:51	XLON
90	2785	10:05:22	XLON
126	2785	10:05:22	XLON
34	2785	10:05:22	XLON
205	2785	10:08:55	XLON
200	2785	10:08:55	XLON
21	2775	10:10:06	XLON
35	2785	10:28:39	XLON
23	2785	10:28:41	XLON
44	2795	10:30:38	XLON
100	2795	10:30:38	XLON
40	2795	10:30:38	XLON
16	2795	10:30:38	XLON
2	2790	10:32:30	XLON
2	2790	10:35:47	XLON
2	2790	10:38:48	XLON
1	2790	10:39:51	XLON
73	2795	10:46:21	XLON
14	2795	10:46:21	XLON
344	2795	10:46:21	XLON
2	2795	10:46:21	XLON
205	2795	10:59:31	XLON
211	2800	11:01:25	XLON
5	2800	11:03:35	XLON
36	2800	11:03:35	XLON
222	2800	11:08:35	XLON
12	2795	11:08:38	XLON
193	2795	11:08:38	XLON
7	2795	11:08:38	XLON
184	2800	11:29:45	XLON
145	2800	11:34:46	XLON
209	2800	12:13:26	XLON
135	2795	12:15:36	XLON
57	2795	12:39:24	XLON
101	2795	12:39:24	XLON
20	2795	12:39:24	XLON
72	2795	12:39:24	XLON
16	2795	12:39:24	XLON
288	2790	12:46:55	XLON
33	2785	13:02:31	XLON
20	2785	13:02:31	XLON
20	2785	13:02:31	XLON
99	2785	13:02:31	XLON
7	2785	13:02:31	XLON
50	2785	13:02:31	XLON
212	2780	13:10:32	XLON
195	2775	13:10:34	XLON
221	2790	13:28:04	XLON
115	2790	13:28:46	XLON
4	2795	13:58:56	XLON
189	2795	13:58:56	XLON
181	2790	14:03:38	XLON
216	2790	14:03:38	XLON
32	2790	14:05:26	XLON
52	2790	14:05:26	XLON
196	2785	14:10:09	XLON
75	2780	14:18:24	XLON
93	2780	14:18:56	XLON
42	2780	14:19:35	XLON
188	2780	14:19:35	XLON
368	2780	14:30:06	XLON
222	2780	14:34:15	XLON
90	2790	14:46:29	XLON
191	2790	14:47:36	XLON
17	2790	14:51:36	XLON
150	2790	14:52:13	XLON
15	2790	14:52:13	XLON
447	2790	14:52:20	XLON
22	2790	15:12:31	XLON
40	2790	15:12:31	XLON
20	2790	15:12:31	XLON
12	2790	15:12:31	XLON
75	2790	15:12:31	XLON
73	2795	15:12:34	XLON
123	2795	15:12:34	XLON
26	2800	15:20:21	XLON
33	2800	15:20:21	XLON
168	2800	15:20:21	XLON
198	2800	15:21:56	XLON
212	2800	15:21:56	XLON
66	2800	15:21:56	XLON
70	2800	15:21:56	XLON
222	2805	15:33:17	XLON
101	2805	15:33:26	XLON
12	2805	15:33:26	XLON
25	2805	15:33:26	XLON
100	2805	15:33:26	XLON
186	2805	15:33:31	XLON
125	2805	15:48:01	XLON
81	2805	15:48:01	XLON
34	2805	15:50:01	XLON
80	2810	15:55:21	XLON
105	2810	15:55:21	XLON
213	2805	15:56:16	XLON
186	2800	15:57:45	XLON
47	2800	16:11:06	XLON
35	2800	16:11:06	XLON
65	2800	16:11:06	XLON
106	2795	16:12:30	XLON

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services 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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