Transaction in Own Shares

RNS Number : 2389C
Bank of Georgia Group PLC
07 October 2022
 

 

London, 7 October 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 7 October 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:

7 October 2022

 

Number of Shares purchased:

 

15,500 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:

 

1984.0000p

Lowest price paid per Share: 

 

1918.0000p

Average market price paid per share:

 

1947.4179p

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 48,075,805 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:  7 October 2022

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

1947.4179p

15,500

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

496

1976

08:26:26

182

1984

08:35:33

316

1984

08:35:33

223

1982

08:36:10

143

1982

08:36:10

49

1982

08:43:10

17

1982

08:43:30

73

1982

08:43:30

36

1980

08:56:33

64

1980

08:56:33

96

1980

08:56:33

148

1980

08:56:33

199

1980

08:56:33

300

1970

09:37:49

175

1970

09:37:49

496

1962

09:47:54

145

1958

10:13:20

147

1958

10:13:20

54

1958

10:13:20

162

1960

10:32:16

85

1960

10:32:16

440

1958

10:34:51

437

1958

11:01:45

439

1958

11:01:45

524

1950

11:24:43

133

1942

11:52:35

267

1942

11:52:35

44

1942

11:52:35

82

1942

12:14:00

431

1942

12:14:00

98

1944

12:14:00

148

1944

12:14:00

171

1944

12:14:00

441

1936

13:09:47

162

1940

13:22:06

65

1940

13:22:06

539

1940

13:29:53

188

1936

13:30:05

284

1936

13:30:05

47

1930

13:38:12

399

1930

13:38:12

213

1932

13:49:22

277

1932

13:49:22

296

1926

14:07:19

67

1926

14:09:08

6

1928

14:19:44

411

1928

14:19:44

112

1928

14:19:44

5

1928

14:20:06

215

1920

14:30:07

286

1920

14:30:07

230

1918

14:39:51

64

1920

15:02:47

120

1920

15:02:47

102

1932

15:11:01

249

1932

15:11:01

46

1932

15:11:01

136

1932

15:11:01

155

1944

15:20:19

66

1944

15:20:19

74

1944

15:20:19

237

1944

15:20:19

478

1942

15:21:05

460

1942

15:31:02

107

1940

15:31:16

141

1940

15:31:16

38

1940

15:31:16

126

1944

15:44:35

81

1944

15:51:14

442

1944

15:51:14

4

1942

15:58:09

3

1942

15:58:09

528

1946

16:01:31

441

1942

16:04:55

73

1938

16:14:54

266

1938

16:14:54

 

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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