Transaction in Own Shares

RNS Number : 1773W
Bank of Georgia Group PLC
13 April 2023
 

London, 13 April 2023

 

Bank of Georgia Group PLC announces transaction in own shares

 

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 13 April 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:

13 April 2023

 

Number of Shares purchased:

 

20,000 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:

 

2800.0000p

Lowest price paid per Share: 

 

2765.0000p

Average market price paid per share:

 

2790.5590p

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 46,822,533 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:  13 April 2023

Investment firm:  Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2790.5590p

20,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

260

2780

12:03:59

XLON

20

2780

12:03:59

XLON

92

2780

12:03:59

XLON

38

2780

12:03:59

XLON

26

2775

12:04:04

XLON

1

2775

12:04:04

XLON

42

2775

12:04:04

XLON

261

2775

12:04:04

XLON

486

2775

13:19:49

XLON

329

2775

13:19:49

XLON

375

2770

13:19:53

XLON

580

2770

13:19:53

XLON

253

2775

13:19:54

XLON

47

2765

13:33:25

XLON

237

2765

13:33:25

XLON

193

2765

13:33:25

XLON

275

2765

13:33:25

XLON

230

2765

13:33:25

XLON

28

2765

13:33:25

XLON

374

2765

13:35:51

XLON

271

2765

13:35:51

XLON

39

2765

13:35:51

XLON

104

2765

13:35:51

XLON

53

2765

13:35:57

XLON

20

2765

13:36:08

XLON

168

2765

13:36:08

XLON

251

2775

14:14:11

XLON

274

2775

14:14:11

XLON

160

2775

14:18:11

XLON

62

2780

14:29:20

XLON

69

2780

14:29:20

XLON

138

2780

14:29:20

XLON

177

2780

14:29:20

XLON

174

2780

14:29:20

XLON

7

2775

14:30:04

XLON

23

2785

14:37:40

XLON

81

2785

14:37:40

XLON

98

2785

14:37:40

XLON

277

2785

14:37:40

XLON

11

2785

14:37:40

XLON

1

2785

14:37:40

XLON

8

2785

14:37:40

XLON

78

2785

14:37:40

XLON

108

2785

14:37:40

XLON

34

2785

14:37:40

XLON

101

2785

14:37:58

XLON

80

2785

14:38:08

XLON

54

2785

14:38:08

XLON

1232

2800

14:52:31

XLON

733

2800

14:52:31

XLON

243

2800

14:52:32

XLON

31

2800

14:52:32

XLON

368

2800

14:52:32

XLON

833

2800

14:52:32

XLON

373

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

60

2800

14:53:37

XLON

113

2800

14:53:37

XLON

297

2800

14:54:37

XLON

65

2800

14:54:37

XLON

464

2800

15:05:04

XLON

329

2795

15:05:23

XLON

362

2800

15:05:23

XLON

650

2800

15:16:23

XLON

319

2800

15:17:26

XLON

343

2800

15:19:14

XLON

355

2800

15:19:14

XLON

4

2800

15:25:14

XLON

308

2800

15:25:14

XLON

326

2800

15:38:56

XLON

333

2800

15:38:56

XLON

345

2800

15:38:56

XLON

308

2800

15:38:56

XLON

3778

2800

15:41:14

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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