Transaction in Own Shares

RNS Number : 4254T
Bank of Georgia Group PLC
17 March 2023
 

London, 17 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 17 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:

17 March 2023

 

Number of Shares purchased:

 

25,151 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:

 

2530.0000p

Lowest price paid per Share: 

 

2390 .0000p

Average market price paid per share:

 

2462.2768p

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 47,222,533 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:  17 March 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2462.2768p

25,151

 

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

295

2515

08:16:07

XLON

297

2505

08:16:11

XLON

500

2520

08:25:00

XLON

119

2520

08:25:00

XLON

294

2515

08:30:21

XLON

322

2515

08:30:21

XLON

340

2510

08:31:02

XLON

67

2530

08:49:01

XLON

226

2530

08:49:01

XLON

293

2525

08:52:15

XLON

308

2525

08:52:15

XLON

294

2520

08:52:15

XLON

191

2530

09:11:36

XLON

326

2530

09:11:36

XLON

93

2530

09:11:36

XLON

43

2515

09:15:51

XLON

26

2515

09:15:51

XLON

50

2515

09:15:51

XLON

40

2515

09:15:51

XLON

50

2515

09:15:51

XLON

50

2515

09:15:51

XLON

26

2515

09:15:51

XLON

129

2520

09:26:50

XLON

147

2520

09:26:50

XLON

35

2520

09:26:50

XLON

324

2515

09:50:56

XLON

949

2520

10:15:16

XLON

289

2520

10:15:16

XLON

985

2520

10:15:16

XLON

309

2520

10:15:16

XLON

1

2520

10:15:16

XLON

328

2505

10:20:18

XLON

6

2515

10:37:01

XLON

57

2515

10:37:49

XLON

50

2515

10:37:49

XLON

133

2515

10:37:49

XLON

37

2515

10:37:49

XLON

4

2510

10:43:24

XLON

279

2510

10:43:24

XLON

286

2510

10:43:24

XLON

100

2510

11:00:00

XLON

182

2510

11:00:00

XLON

4

2510

11:07:00

XLON

327

2510

11:07:00

XLON

232

2510

11:07:00

XLON

2

2510

11:07:00

XLON

104

2510

11:07:00

XLON

58

2510

11:07:00

XLON

100

2510

11:07:00

XLON

100

2510

11:07:00

XLON

27

2510

11:07:00

XLON

3

2495

11:30:25

XLON

283

2495

11:30:25

XLON

343

2490

11:30:25

XLON

86

2485

11:53:53

XLON

286

2490

12:12:02

XLON

77

2490

12:12:02

XLON

128

2490

12:12:19

XLON

74

2490

12:12:19

XLON

19

2485

12:12:27

XLON

50

2485

12:12:27

XLON

50

2485

12:12:27

XLON

15

2485

12:12:27

XLON

45

2485

12:12:27

XLON

28

2485

12:12:27

XLON

22

2485

12:12:27

XLON

50

2485

12:12:27

XLON

199

2485

12:19:16

XLON

10

2485

12:19:16

XLON

315

2480

12:25:05

XLON

2

2480

12:25:05

XLON

291

2475

12:26:49

XLON

333

2465

12:39:45

XLON

100

2455

12:49:59

XLON

50

2455

12:50:01

XLON

100

2455

12:50:01

XLON

50

2455

12:50:01

XLON

13

2455

12:50:01

XLON

287

2460

12:57:44

XLON

319

2450

13:05:55

XLON

100

2445

13:16:38

XLON

200

2445

13:16:38

XLON

302

2430

13:28:47

XLON

43

2420

13:35:42

XLON

331

2420

13:35:42

XLON

267

2420

13:35:42

XLON

293

2415

13:42:37

XLON

100

2415

13:52:30

XLON

610

2425

13:57:59

XLON

71

2425

13:57:59

XLON

4

2425

14:02:21

XLON

298

2425

14:02:21

XLON

4

2425

14:05:54

XLON

100

2425

14:05:54

XLON

150

2425

14:05:54

XLON

68

2425

14:05:54

XLON

29

2425

14:05:54

XLON

2

2425

14:05:54

XLON

100

2425

14:09:54

XLON

167

2425

14:09:54

XLON

76

2425

14:09:54

XLON

277

2420

14:12:27

XLON

198

2420

14:12:27

XLON

91

2420

14:12:27

XLON

303

2415

14:13:15

XLON

50

2415

14:26:15

XLON

155

2415

14:26:15

XLON

50

2415

14:26:15

XLON

46

2415

14:26:15

XLON

118

2410

14:26:15

XLON

1

2410

14:26:15

XLON

182

2410

14:26:15

XLON

291

2410

14:26:15

XLON

34

2400

14:41:03

XLON

50

2400

14:41:03

XLON

104

2400

14:41:03

XLON

32

2400

14:41:03

XLON

61

2400

14:41:03

XLON

100

2395

14:42:30

XLON

131

2400

14:42:30

XLON

50

2395

14:42:30

XLON

145

2400

14:42:30

XLON

100

2395

14:42:30

XLON

50

2400

14:42:30

XLON

36

2395

14:42:30

XLON

313

2390

14:44:54

XLON

301

2390

14:53:00

XLON

15

2390

15:02:53

XLON

120

2390

15:02:53

XLON

150

2390

15:02:53

XLON

37

2390

15:02:53

XLON

63

2390

15:02:53

XLON

100

2390

15:02:53

XLON

50

2390

15:02:53

XLON

82

2390

15:02:53

XLON

5

2405

15:14:29

XLON

3

2405

15:14:29

XLON

314

2405

15:22:54

XLON

268

2405

15:22:54

XLON

307

2405

15:22:54

XLON

334

2405

15:26:54

XLON

43

2405

15:36:08

XLON

4

2405

15:39:27

XLON

71

2405

15:39:27

XLON

172

2405

15:39:27

XLON

50

2405

15:39:27

XLON

100

2405

15:39:27

XLON

80

2405

15:39:27

XLON

133

2405

15:39:27

XLON

104

2405

15:41:53

XLON

67

2410

15:46:22

XLON

240

2410

15:46:22

XLON

281

2410

15:48:27

XLON

45

2415

15:56:08

XLON

264

2415

15:56:08

XLON

340

2415

15:56:08

XLON

200

2415

16:03:08

XLON

94

2415

16:03:08

XLON

50

2415

16:07:09

XLON

50

2415

16:07:09

XLON

238

2415

16:07:09

XLON

151

2410

16:09:59

XLON

44

2410

16:12:48

XLON

96

2410

16:12:48

XLON

28

2410

16:12:48

XLON

26

2410

16:12:48

XLON

25

2410

16:14:31

XLON

10

2410

16:14:31

XLON

43

2410

16:14:38

XLON

46

2410

16:16:58

XLON

43

2410

16:17:48

XLON

119

2410

16:22:19

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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