Transaction in Own Shares

RNS Number : 4729D
Bank of Georgia Group PLC
19 October 2022
 

 

London, 19 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 19 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:

19 October 2022

 

Number of Shares purchased:

 

12,327 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:

 

2040.0000p

Lowest price paid per Share: 

 

1986.0000p

Average market price paid per share:

 

2015.9702p

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 47,961,655 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:  19 October 2022

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2015.9702p

12,327

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

253

2030

08:29:06

XLON

108

2030

08:29:06

XLON

119

2025

08:34:33

XLON

261

2025

08:34:33

XLON

336

2020

08:34:43

XLON

357

1992

09:13:58

XLON

376

1986

09:16:57

XLON

185

1990

09:57:36

XLON

131

1990

09:57:36

XLON

29

1990

09:57:36

XLON

3

2005

10:19:33

XLON

20

2005

10:19:54

XLON

500

2020

10:32:46

XLON

330

2020

10:32:46

XLON

366

2015

10:43:11

XLON

337

2015

10:43:11

XLON

135

2010

10:45:08

XLON

60

2010

10:45:08

XLON

186

2010

10:45:08

XLON

350

2025

12:04:27

XLON

98

2025

12:10:35

XLON

71

2025

12:10:35

XLON

98

2025

12:10:35

XLON

29

2025

12:10:35

XLON

98

2025

12:10:35

XLON

98

2025

12:10:35

XLON

57

2020

12:10:37

XLON

317

2020

12:10:37

XLON

146

2005

12:34:00

XLON

211

2005

12:34:00

XLON

22

2000

12:39:58

XLON

20

2000

12:39:58

XLON

63

2000

12:45:35

XLON

60

2000

12:46:35

XLON

1

2000

13:04:38

XLON

57

2000

13:07:07

XLON

93

2000

13:08:05

XLON

330

2000

13:08:05

XLON

185

2000

13:27:58

XLON

170

2000

13:30:45

XLON

333

2000

13:30:45

XLON

39

2010

14:11:36

XLON

141

2010

14:11:36

XLON

132

2010

14:11:36

XLON

15

2005

14:21:02

XLON

297

2005

14:21:02

XLON

52

2005

14:21:02

XLON

280

2005

14:21:02

XLON

367

2015

14:41:12

XLON

195

2015

14:41:12

XLON

133

2015

14:41:12

XLON

126

2015

14:41:12

XLON

72

2015

14:41:12

XLON

126

2015

14:41:12

XLON

136

2015

14:41:12

XLON

6

2015

14:41:12

XLON

109

2015

14:41:12

XLON

21

2015

14:41:12

XLON

32

2015

14:41:12

XLON

486

2025

15:05:44

XLON

449

2040

15:29:55

XLON

69

2040

15:30:55

XLON

247

2040

15:30:55

XLON

24

2040

15:30:55

XLON

384

2035

15:32:04

XLON

35

2030

15:33:37

XLON

351

2030

15:33:37

XLON

313

2025

15:39:32

XLON

17

2025

15:53:00

XLON

96

2025

15:53:00

XLON

139

2025

15:53:00

XLON

106

2025

15:53:00

XLON

123

2025

16:01:00

XLON

47

2025

16:01:00

XLON

52

2025

16:01:00

XLON

108

2025

16:01:00

XLON

3

2020

16:04:39

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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