Transaction in Own Shares

RNS Number : 0737U

Bank of Georgia Group PLC

23 March 2023

 

London, 23 March 2023

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 23 March 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:	23 March 2023
Number of Shares purchased:	26,000 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:	2585.0000p
Lowest price paid per Share:	2570.0000p
Average market price paid per share:	2579.2231p

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 47,118,533 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:  23 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2579.2231p	26,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
318	2580	11:52:42	XLON
337	2580	11:52:42	XLON
291	2575	11:53:33	XLON
250	2570	11:59:50	XLON
81	2570	11:59:50	XLON
300	2575	12:39:10	XLON
11	2575	12:39:10	XLON
430	2580	12:50:26	XLON
989	2580	12:50:26	XLON
455	2580	12:50:26	XLON
198	2575	12:51:13	XLON
112	2575	12:51:22	XLON
187	2575	12:51:22	XLON
145	2575	12:51:22	XLON
31	2570	13:02:19	XLON
200	2570	13:02:19	XLON
132	2570	13:02:19	XLON
239	2570	13:30:17	XLON
303	2580	13:31:40	XLON
100	2580	13:31:40	XLON
286	2580	13:33:40	XLON
338	2580	13:38:40	XLON
286	2575	13:40:47	XLON
335	2575	13:40:47	XLON
104	2570	13:54:29	XLON
50	2570	13:54:29	XLON
50	2570	13:54:29	XLON
50	2570	13:54:29	XLON
55	2570	13:54:29	XLON
58	2570	13:54:29	XLON
51	2570	13:54:29	XLON
240	2570	13:54:29	XLON
37	2575	14:10:17	XLON
53	2575	14:10:17	XLON
96	2575	14:21:45	XLON
200	2575	14:21:45	XLON
23	2575	14:21:45	XLON
88	2575	14:21:45	XLON
10	2575	14:21:45	XLON
50	2575	14:21:45	XLON
281	2575	14:21:45	XLON
125	2575	14:21:45	XLON
11	2575	14:21:45	XLON
50	2575	14:21:45	XLON
92	2575	14:21:45	XLON
15	2575	14:21:45	XLON
35	2575	14:21:45	XLON
306	2575	14:21:45	XLON
90	2575	14:21:45	XLON
104	2575	14:21:45	XLON
455	2580	14:27:21	XLON
32	2580	14:27:21	XLON
45	2580	14:27:21	XLON
475	2580	14:27:21	XLON
34	2580	14:27:21	XLON
702	2580	14:27:21	XLON
98	2580	14:31:21	XLON
75	2580	14:31:21	XLON
108	2580	14:31:21	XLON
75	2580	14:31:30	XLON
136	2580	14:32:45	XLON
125	2580	14:35:45	XLON
167	2580	14:35:45	XLON
299	2580	14:38:45	XLON
300	2580	14:38:45	XLON
40	2580	14:38:45	XLON
331	2580	14:42:45	XLON
13	2580	14:42:45	XLON
291	2580	14:54:59	XLON
208	2580	14:54:59	XLON
21	2585	14:54:59	XLON
477	2585	14:54:59	XLON
440	2585	14:54:59	XLON
837	2585	14:54:59	XLON
425	2585	14:55:59	XLON
383	2585	14:58:59	XLON
7	2585	14:58:59	XLON
288	2580	15:00:46	XLON
83	2585	15:03:55	XLON
91	2580	15:04:32	XLON
160	2580	15:04:32	XLON
84	2580	15:04:32	XLON
208	2580	15:08:48	XLON
94	2580	15:08:48	XLON
43	2580	15:08:48	XLON
203	2580	15:16:52	XLON
50	2580	15:16:52	XLON
33	2580	15:16:52	XLON
30	2580	15:16:52	XLON
50	2580	15:16:52	XLON
100	2580	15:16:52	XLON
50	2580	15:16:52	XLON
84	2580	15:16:52	XLON
14	2580	15:16:52	XLON
263	2580	15:20:18	XLON
14	2580	15:20:18	XLON
71	2580	15:20:18	XLON
197	2580	15:24:49	XLON
85	2580	15:24:49	XLON
125	2580	15:26:49	XLON
50	2580	15:26:49	XLON
15	2580	15:26:49	XLON
104	2580	15:26:49	XLON
99	2580	15:28:49	XLON
66	2580	15:28:49	XLON
144	2580	15:28:49	XLON
337	2580	15:31:53	XLON
3	2580	15:34:53	XLON
7485	2580	15:37:35	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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