Transaction in Own Shares

RNS Number : 3150D
Bank of Georgia Group PLC
18 October 2022
 

 

London, 18 October 2022

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 18 October 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:

18 October 2022

 

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:

 

2075.0000p

Lowest price paid per Share: 

 

2030.0000p

Average market price paid per share:

 

2046.3046p

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 47,973,982 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:  18 October 2022

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2046.3046p

14,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

59

2065

08:47:53

XLON

623

2065

08:47:53

XLON

342

2065

08:47:56

XLON

275

2075

09:19:02

XLON

57

2075

09:19:02

XLON

69

2075

09:19:02

XLON

313

2070

09:33:27

XLON

315

2070

09:33:27

XLON

386

2065

09:33:27

XLON

93

2060

09:33:28

XLON

223

2060

09:33:28

XLON

304

2060

09:33:28

XLON

182

2055

09:34:10

XLON

56

2055

09:35:16

XLON

108

2055

09:35:16

XLON

160

2045

09:47:10

XLON

190

2045

09:47:10

XLON

59

2040

09:59:00

XLON

285

2040

09:59:00

XLON

148

2040

10:08:45

XLON

174

2040

10:08:45

XLON

20

2055

11:05:58

XLON

10

2055

11:05:58

XLON

71

2055

11:05:58

XLON

355

2050

11:05:58

XLON

138

2050

11:05:58

XLON

189

2050

11:05:58

XLON

24

2050

11:05:58

XLON

443

2045

11:11:15

XLON

244

2040

11:43:54

XLON

77

2040

11:43:54

XLON

76

2035

11:53:55

XLON

331

2035

11:59:57

XLON

35

2035

12:25:26

XLON

60

2035

12:33:58

XLON

105

2040

12:41:30

XLON

224

2040

12:41:30

XLON

12

2040

12:41:30

XLON

307

2040

13:14:30

XLON

32

2040

13:35:30

XLON

8

2040

13:35:30

XLON

349

2040

14:04:36

XLON

133

2040

14:04:36

XLON

334

2040

14:04:36

XLON

366

2040

14:04:36

XLON

325

2040

14:17:28

XLON

92

2045

14:41:37

XLON

6

2045

14:41:37

XLON

93

2045

14:41:37

XLON

94

2045

14:41:37

XLON

83

2045

14:41:37

XLON

51

2045

14:48:37

XLON

94

2045

14:48:37

XLON

93

2045

14:48:37

XLON

100

2045

14:48:37

XLON

122

2045

14:56:37

XLON

5

2045

14:56:37

XLON

2

2045

14:56:37

XLON

118

2045

14:56:37

XLON

116

2045

14:56:37

XLON

7

2045

14:56:37

XLON

54

2045

15:00:19

XLON

147

2045

15:02:28

XLON

146

2045

15:02:28

XLON

4

2045

15:02:28

XLON

30

2045

15:02:28

XLON

319

2045

15:19:28

XLON

47

2045

15:19:28

XLON

320

2045

15:19:28

XLON

308

2045

15:19:28

XLON

372

2040

15:19:32

XLON

25

2040

15:19:32

XLON

306

2040

15:24:14

XLON

367

2035

15:32:01

XLON

40

2030

16:13:23

XLON

2

2030

16:13:23

XLON

113

2030

16:14:02

XLON

24

2030

16:15:01

XLON

1

2030

16:15:04

XLON

56

2030

16:15:05

XLON

108

2030

16:15:38

XLON

236

2030

16:24:43

XLON

74

2030

16:24:43

XLON

362

2030

16:24:43

XLON

1

2030

16:24:43

XLON

193

2030

16:24:43

XLON

322

2030

16:24:43

XLON

258

2030

16:24:43

XLON

 

 

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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