Transaction in Own Shares

RNS Number : 3520S

Bank of Georgia Group PLC

08 March 2023

 

London, 8 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 8 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:	8 March 2023
Number of Shares purchased:	17,000 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:	2910.0000p
Lowest price paid per Share:	2735.0000p
Average market price paid per share:	2806.8032p

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 47,379,982 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:  8 March 2023

Investment firm:  Numis Securities Limited

Aggregate information:

Venue	Volume-weighted average price, pence	Aggregated volume
London Stock Exchange	2806.8032p	17,000

Number of shares purchased	Transaction price (per share)	Time of transaction	Execution venue
489	2910	08:44:52	XLON
83	2905	08:44:52	XLON
257	2895	08:44:56	XLON
191	2900	08:45:57	XLON
177	2900	08:46:17	XLON
4	2900	08:46:17	XLON
206	2900	08:46:37	XLON
57	2900	08:46:37	XLON
130	2895	08:56:42	XLON
157	2895	08:56:42	XLON
288	2890	09:03:09	XLON
287	2885	09:07:01	XLON
146	2875	09:18:30	XLON
156	2875	09:18:30	XLON
94	2870	09:36:50	XLON
72	2870	09:36:50	XLON
93	2870	09:36:50	XLON
60	2870	09:43:47	XLON
58	2870	09:43:47	XLON
44	2870	09:59:50	XLON
32	2870	10:06:13	XLON
13	2870	10:06:13	XLON
33	2870	10:06:13	XLON
9	2870	10:06:13	XLON
203	2865	10:08:48	XLON
73	2865	10:08:48	XLON
79	2865	10:25:53	XLON
53	2865	10:25:53	XLON
149	2865	10:25:53	XLON
131	2855	10:26:37	XLON
254	2855	10:39:15	XLON
32	2855	10:40:32	XLON
6	2855	10:44:11	XLON
183	2855	10:44:11	XLON
128	2855	10:50:14	XLON
296	2855	10:50:14	XLON
292	2855	10:50:54	XLON
151	2840	11:38:51	XLON
122	2840	11:38:51	XLON
67	2830	11:50:20	XLON
199	2830	11:50:23	XLON
52	2830	11:50:23	XLON
44	2845	12:09:37	XLON
65	2845	12:09:37	XLON
120	2845	12:09:37	XLON
275	2835	12:17:36	XLON
261	2835	12:17:36	XLON
28	2830	12:18:36	XLON
73	2830	12:18:36	XLON
83	2830	12:18:36	XLON
35	2830	12:33:25	XLON
57	2830	12:47:38	XLON
65	2830	12:47:38	XLON
75	2830	12:47:38	XLON
29	2830	12:47:38	XLON
91	2830	12:47:38	XLON
11	2830	12:47:38	XLON
119	2830	12:47:38	XLON
156	2830	12:47:38	XLON
18	2815	12:56:42	XLON
70	2815	12:56:42	XLON
179	2820	12:57:43	XLON
347	2820	13:04:28	XLON
97	2820	13:07:37	XLON
64	2820	13:07:37	XLON
234	2810	13:19:34	XLON
22	2810	13:19:34	XLON
304	2810	13:20:22	XLON
288	2800	13:43:38	XLON
400	2800	13:44:27	XLON
98	2800	13:44:27	XLON
288	2795	13:44:27	XLON
279	2790	14:01:02	XLON
265	2790	14:01:02	XLON
295	2775	14:10:02	XLON
281	2750	14:24:02	XLON
309	2750	14:24:02	XLON
47	2735	14:31:43	XLON
6	2735	14:31:43	XLON
438	2740	14:35:10	XLON
281	2735	14:38:15	XLON
39	2745	14:51:55	XLON
75	2745	14:51:55	XLON
48	2745	14:51:56	XLON
142	2745	14:51:56	XLON
135	2740	14:51:58	XLON
126	2740	14:52:16	XLON
111	2735	14:55:02	XLON
146	2735	14:55:02	XLON
215	2750	15:15:57	XLON
49	2750	15:15:57	XLON
51	2750	15:16:57	XLON
226	2750	15:16:57	XLON
264	2745	15:16:58	XLON
282	2740	15:25:49	XLON
163	2740	15:25:49	XLON
75	2740	15:25:49	XLON
80	2740	15:25:49	XLON
261	2745	15:29:17	XLON
6	2745	15:34:20	XLON
52	2745	15:34:20	XLON
279	2755	15:41:32	XLON
311	2750	15:41:36	XLON
300	2745	15:42:57	XLON
313	2735	15:54:33	XLON
282	2745	16:00:31	XLON
279	2740	16:04:23	XLON
28	2750	16:11:46	XLON
21	2750	16:11:46	XLON
150	2750	16:11:47	XLON
67	2750	16:11:47	XLON
76	2750	16:15:30	XLON
106	2750	16:15:30	XLON
57	2750	16:15:55	XLON
26	2755	16:20:41	XLON
8	2760	16:21:07	XLON
139	2760	16:21:07	XLON
10	2760	16:22:07	XLON
97	2760	16:22:07	XLON
102	2755	16:22:49	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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