Transaction in Own Shares

RNS Number : 9155R

Bank of Georgia Group PLC

03 March 2023

 

London, 3 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 3 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:	3 March 2023
Number of Shares purchased:	16,000 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:	2935.0000p
Lowest price paid per Share:	2880.0000p
Average market price paid per share:	2911.5375p

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 47,429,482 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:  3 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2911.5375p	16,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
34	2890	08:20:32	XLON
185	2890	08:20:32	XLON
1	2905	09:08:19	XLON
66	2905	09:08:19	XLON
200	2905	09:08:19	XLON
2	2905	09:08:19	XLON
47	2900	09:29:35	XLON
4	2900	09:29:35	XLON
80	2905	10:14:16	XLON
162	2905	10:14:16	XLON
16	2905	10:14:16	XLON
2	2905	10:14:16	XLON
15	2900	10:14:18	XLON
81	2900	10:14:20	XLON
135	2900	10:14:20	XLON
64	2895	10:17:18	XLON
80	2895	10:17:18	XLON
60	2895	10:17:18	XLON
20	2895	10:17:18	XLON
22	2895	10:17:18	XLON
183	2885	11:48:02	XLON
52	2885	11:48:02	XLON
23	2885	11:48:02	XLON
13	2885	11:48:02	XLON
1	2885	11:48:02	XLON
55	2890	12:04:40	XLON
80	2890	12:04:40	XLON
126	2890	12:04:40	XLON
288	2885	13:14:35	XLON
112	2885	13:14:35	XLON
13	2885	13:14:35	XLON
71	2885	13:14:35	XLON
40	2885	13:14:35	XLON
37	2885	13:14:35	XLON
7	2885	13:14:35	XLON
8	2885	13:14:35	XLON
40	2885	13:14:35	XLON
40	2885	13:14:35	XLON
71	2885	13:14:35	XLON
13	2885	13:14:35	XLON
20	2885	13:14:35	XLON
8	2885	13:14:35	XLON
6	2880	13:16:39	XLON
32	2885	13:16:50	XLON
2	2885	13:16:50	XLON
20	2900	13:58:19	XLON
80	2900	13:58:19	XLON
60	2900	13:58:19	XLON
94	2900	13:58:19	XLON
20	2900	13:58:19	XLON
20	2900	13:58:19	XLON
8	2900	13:58:19	XLON
2039	2900	13:58:19	XLON
70	2900	13:58:19	XLON
14	2900	13:58:19	XLON
60	2900	13:58:19	XLON
70	2900	13:58:19	XLON
46	2900	13:58:19	XLON
65	2900	13:58:19	XLON
120	2895	14:03:43	XLON
40	2895	14:03:43	XLON
20	2895	14:03:43	XLON
41	2895	14:03:43	XLON
62	2900	14:03:43	XLON
204	2900	14:03:43	XLON
236	2900	14:15:49	XLON
200	2900	14:15:49	XLON
41	2900	14:15:49	XLON
20	2900	14:15:49	XLON
3	2900	14:15:49	XLON
14	2890	14:29:50	XLON
9	2890	14:29:50	XLON
66	2890	14:29:50	XLON
178	2890	14:29:50	XLON
254	2890	14:29:50	XLON
457	2895	14:45:17	XLON
300	2900	14:45:17	XLON
332	2915	14:54:12	XLON
1277	2915	14:54:12	XLON
237	2915	14:54:12	XLON
1	2920	14:58:12	XLON
1007	2920	14:58:12	XLON
220	2925	15:00:24	XLON
180	2925	15:00:24	XLON
287	2925	15:00:24	XLON
33	2925	15:00:24	XLON
174	2925	15:00:24	XLON
400	2930	15:02:53	XLON
94	2930	15:02:53	XLON
123	2930	15:04:53	XLON
20	2930	15:04:53	XLON
93	2930	15:05:30	XLON
268	2930	15:09:47	XLON
2	2930	15:09:47	XLON
246	2925	15:09:47	XLON
20	2930	15:19:47	XLON
60	2930	15:19:47	XLON
40	2930	15:19:47	XLON
20	2930	15:19:47	XLON
60	2930	15:19:47	XLON
33	2930	15:19:47	XLON
200	2930	15:28:22	XLON
28	2930	15:28:22	XLON
24	2935	15:30:33	XLON
209	2935	15:30:33	XLON
231	2930	15:36:28	XLON
143	2930	15:36:28	XLON
126	2930	15:36:28	XLON
6	2925	15:48:28	XLON
14	2925	15:48:28	XLON
10	2925	15:48:28	XLON
35	2925	15:48:28	XLON
79	2925	15:48:28	XLON
105	2925	15:48:28	XLON
164	2925	15:58:21	XLON
121	2925	15:58:21	XLON
40	2925	15:58:21	XLON
131	2925	15:58:21	XLON
27	2925	15:58:21	XLON
167	2925	15:58:21	XLON
59	2925	15:58:21	XLON
36	2930	16:18:02	XLON
138	2935	16:20:45	XLON
100	2935	16:20:45	XLON
375	2935	16:20:45	XLON
20	2935	16:20:45	XLON
20	2935	16:20:45	XLON
75	2935	16:20:45	XLON
20	2935	16:20:45	XLON
75	2935	16:20:45	XLON
27	2935	16:20:45	XLON
75	2935	16:20:45	XLON
82	2935	16:20:45	XLON
43	2935	16:20:45	XLON
44	2935	16:20:45	XLON
10	2935	16:20:45	XLON
166	2935	16:24:43	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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