Transaction in Own Shares

RNS Number : 0006Z
Bank of Georgia Group PLC
09 September 2022
 

 

London, 9 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 9 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:

9 September 2022

 

Number of Shares purchased:

 

23,500 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:

 

2150.0000p

Lowest price paid per Share: 

 

2105.0000p

Average market price paid per share:

 

2131.8404p

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 48,489,915 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:  9 September 2022

Investment firm:  Numis Securities Limited

 

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2131.8404p

23,500

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

520

2105

08:12:43

81

2130

08:29:02

628

2135

08:31:52

208

2135

08:31:52

598

2135

08:50:07

521

2135

08:50:07

114

2150

08:53:52

259

2150

08:53:52

145

2150

08:53:52

294

2150

08:58:46

237

2150

08:58:46

12

2145

08:58:46

17

2145

08:58:46

36

2145

08:58:46

29

2145

08:58:46

10

2145

08:58:46

10

2145

08:58:46

15

2145

08:58:46

39

2145

08:58:46

19

2145

08:58:46

49

2145

08:58:46

226

2145

09:08:43

49

2145

09:08:43

608

2145

09:08:43

237

2130

09:20:30

279

2130

09:20:30

48

2130

09:20:30

185

2125

09:42:19

407

2125

09:42:19

607

2130

09:52:30

555

2130

10:11:11

610

2130

10:33:44

79

2140

11:11:30

224

2140

11:11:30

13

2140

11:11:30

15

2140

11:11:30

575

2135

11:12:49

523

2135

11:12:49

52

2135

11:15:20

662

2135

11:15:20

64

2140

12:19:39

300

2140

12:19:39

58

2140

12:19:39

224

2140

12:30:39

515

2135

12:35:07

542

2135

12:35:07

213

2135

12:54:07

16

2135

12:54:07

93

2135

12:54:07

822

2135

12:54:07

506

2130

13:09:40

112

2135

14:04:10

24

2135

14:04:10

112

2135

14:04:10

24

2135

14:04:10

112

2135

14:04:10

24

2135

14:04:10

112

2135

14:04:10

24

2135

14:04:10

112

2135

14:04:10

24

2135

14:04:10

546

2130

14:04:18

548

2130

14:04:18

605

2125

14:09:30

608

2125

14:30:52

207

2125

14:41:40

112

2125

14:41:40

458

2125

14:41:40

845

2125

15:01:35

23

2125

15:01:35

5

2125

15:01:35

73

2125

15:01:35

319

2125

15:01:35

377

2125

15:10:35

7

2125

15:10:35

91

2125

15:10:35

102

2125

15:15:35

95

2125

15:15:35

61

2125

15:26:35

57

2125

15:36:40

57

2125

15:37:02

84

2125

15:37:06

6

2125

15:37:06

7

2125

15:37:06

175

2125

15:41:06

421

2125

15:41:06

16

2125

15:42:06

9

2125

15:42:06

100

2125

15:42:06

233

2125

15:42:20

76

2125

15:42:20

308

2125

15:42:30

113

2125

15:42:30

83

2125

15:42:30

207

2125

15:48:10

82

2125

15:48:10

130

2125

15:48:10

98

2125

15:54:30

98

2125

15:54:30

48

2125

15:58:30

16

2130

16:03:47

83

2130

16:03:47

227

2135

16:07:36

67

2135

16:07:36

227

2135

16:07:36

31

2135

16:07:47

225

2135

16:07:47

151

2135

16:07:47

532

2135

16:07:47

167

2135

16:07:57

125

2135

16:08:02

222

2135

16:08:02

59

2135

16:08:02

50

2135

16:08:02

 

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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