Transaction in Own Shares

RNS Number : 7311R
Bank of Georgia Group PLC
02 March 2023
 

London, 2 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 2 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:

2 March 2023

 

Number of Shares purchased:

 

14,000 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:

 

2920.0000p

Lowest price paid per Share: 

 

2865.0000p

Average market price paid per share:

 

2901.4579p

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 47,445,482 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:  2 March 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2901.4579p

14,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

181

2875

08:56:39

XLON

37

2875

08:56:39

XLON

93

2870

09:00:51

XLON

125

2870

09:00:51

XLON

1

2865

09:05:03

XLON

249

2865

09:23:34

XLON

77

2870

09:59:50

XLON

44

2870

09:59:50

XLON

38

2870

09:59:50

XLON

221

2885

10:07:21

XLON

1

2880

10:13:10

XLON

218

2880

10:13:10

XLON

227

2880

10:34:45

XLON

184

2875

10:34:45

XLON

38

2875

10:42:32

XLON

273

2875

10:42:32

XLON

81

2895

11:17:59

XLON

292

2895

11:17:59

XLON

2

2895

11:19:44

XLON

45

2895

11:19:51

XLON

170

2895

11:19:51

XLON

140

2890

11:20:14

XLON

113

2890

11:20:14

XLON

225

2890

11:34:34

XLON

225

2885

11:34:35

XLON

44

2900

12:06:51

XLON

163

2900

12:06:51

XLON

225

2900

12:06:51

XLON

86

2900

12:09:51

XLON

32

2900

12:09:51

XLON

231

2895

12:13:40

XLON

3

2890

12:13:40

XLON

120

2895

12:20:51

XLON

137

2895

12:20:51

XLON

20

2890

12:35:09

XLON

40

2890

12:35:09

XLON

20

2890

12:35:09

XLON

20

2890

12:35:09

XLON

67

2890

12:35:09

XLON

20

2890

12:35:09

XLON

189

2890

12:35:09

XLON

242

2890

12:51:57

XLON

149

2895

13:30:18

XLON

107

2895

13:30:18

XLON

213

2890

13:32:00

XLON

197

2890

13:32:00

XLON

17

2890

13:32:00

XLON

48

2900

14:18:51

XLON

178

2900

14:18:51

XLON

223

2905

14:23:55

XLON

44

2910

14:30:37

XLON

1

2910

14:30:37

XLON

17

2915

14:30:57

XLON

92

2915

14:30:57

XLON

10

2915

14:30:57

XLON

86

2915

14:30:57

XLON

19

2915

14:30:57

XLON

19

2915

14:30:57

XLON

68

2915

14:30:57

XLON

100

2915

14:30:57

XLON

20

2915

14:30:57

XLON

44

2915

14:32:57

XLON

120

2915

14:32:57

XLON

66

2915

14:32:57

XLON

210

2910

14:36:48

XLON

230

2910

14:36:48

XLON

238

2910

14:48:46

XLON

1

2905

14:50:05

XLON

237

2905

14:50:05

XLON

238

2905

14:50:05

XLON

46

2920

15:14:15

XLON

260

2920

15:14:15

XLON

407

2920

15:14:15

XLON

216

2920

15:14:15

XLON

267

2920

15:14:15

XLON

167

2915

15:19:38

XLON

47

2915

15:19:38

XLON

234

2915

15:19:38

XLON

140

2910

15:21:40

XLON

190

2910

15:21:40

XLON

38

2910

15:21:40

XLON

77

2905

15:21:48

XLON

148

2905

15:21:48

XLON

100

2910

15:39:57

XLON

113

2910

15:39:57

XLON

257

2910

15:39:57

XLON

73

2910

15:40:23

XLON

236

2905

15:42:47

XLON

221

2905

15:42:47

XLON

134

2915

15:51:46

XLON

86

2915

15:51:46

XLON

242

2915

15:53:43

XLON

72

2915

15:53:43

XLON

85

2915

15:53:43

XLON

225

2910

15:53:48

XLON

59

2910

16:00:48

XLON

171

2910

16:00:48

XLON

36

2910

16:04:56

XLON

36

2910

16:07:56

XLON

105

2910

16:07:56

XLON

654

2910

16:08:23

XLON

245

2910

16:09:05

XLON

9

2910

16:09:05

XLON

105

2910

16:16:40

XLON

9

2910

16:16:40

XLON

45

2910

16:16:40

XLON

81

2910

16:16:40

XLON

23

2910

16:16:40

XLON

2

2910

16:16:40

XLON

15

2910

16:16:40

XLON

2

2910

16:19:37

XLON

207

2910

16:23:28

XLON

72

2915

16:23:46

XLON

54

2915

16:23:46

XLON

6

2915

16:23:46

XLON

32

2915

16:23:46

XLON


LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

 

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

+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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