Transaction in Own Shares

RNS Number : 8365Y
Bank of Georgia Group PLC
08 September 2022
 

 

London, 8 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 8 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:

8 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:

 

2130.0000p

Lowest price paid per Share: 

 

2055.0000p

Average market price paid per share:

 

2091.7978p

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 48,512,915 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:  8 September 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2091.7978p

23,000

 

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

15

2115

08:40:04

13

2125

08:49:29

186

2125

08:55:53

585

2130

09:04:36

143

2125

09:04:39

246

2125

09:04:39

522

2120

09:28:15

599

2120

09:28:15

157

2115

09:28:16

122

2115

09:28:20

4

2115

09:49:35

483

2115

10:04:26

41

2110

10:04:27

640

2110

10:04:27

511

2105

10:37:42

540

2100

10:37:45

116

2095

11:01:02

491

2095

11:05:31

35

2090

11:05:37

102

2090

11:05:37

98

2090

11:05:37

553

2085

11:26:29

597

2080

11:31:41

380

2085

11:58:00

178

2085

11:58:00

177

2065

12:12:38

200

2065

12:12:38

150

2065

12:12:38

68

2055

12:20:53

7

2055

12:56:16

458

2055

12:56:16

604

2075

13:15:47

430

2075

13:16:31

87

2075

13:16:31

153

2070

13:17:50

200

2070

13:17:50

149

2070

13:17:50

233

2070

13:17:50

5

2095

13:39:01

14

2095

13:39:01

796

2100

13:50:41

504

2095

13:50:43

10

2095

13:50:43

561

2095

13:50:43

610

2090

13:57:37

160

2090

13:57:37

60

2090

13:57:37

102

2090

13:57:37

607

2090

14:04:33

596

2080

14:19:38

498

2080

14:30:15

537

2075

14:30:33

1

2075

14:30:33

75

2100

14:56:11

93

2100

14:57:37

633

2095

14:57:37

207

2100

14:57:37

430

2100

14:57:37

130

2100

14:57:37

527

2090

15:04:11

96

2090

15:32:13

400

2090

15:32:13

400

2090

15:32:13

89

2090

15:32:13

200

2090

15:32:13

49

2090

15:32:13

5

2090

15:32:13

220

2090

15:32:13

220

2090

15:32:13

356

2090

15:32:13

12

2090

15:36:13

160

2090

15:36:13

19

2090

15:36:13

151

2090

15:36:13

26

2090

15:46:13

104

2090

15:46:13

11

2090

15:46:13

74

2090

15:51:43

224

2090

15:51:43

224

2090

15:51:43

585

2085

15:52:07

261

2085

16:02:17

493

2085

16:02:17

209

2085

16:02:17

576

2080

16:10:21

407

2080

16:26:41

 

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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