Bank of Georgia Group PLC Transaction in Own Shares (5185A)
September 23 2022 - 12:18PM
UK Regulatory
TIDMBGEO
RNS Number : 5185A
Bank of Georgia Group PLC
23 September 2022
London, 23 September 2022
Bank of Georgia Group PLC announces transaction in own
shares
Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN)
announces that on 23 September 2022, Numis Securities Limited
("Numis") purchased on behalf of the Company the number of ordinary
shares of GBP0.01 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: 23 September 2022
Number of Shares purchased: 20,321 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: 2100.0000p
Lowest price paid per Share: 2065.0000p
Average market price paid per 2080.4392p
share:
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
48,280,982 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: 23 September 2022
Investment firm: Numis Securities Limited
Aggregate information:
Venue Volume-weighted Aggregated volume
average price, pence
London Stock Exchange 2080.4392p 20,321
----------------------- ------------------
Number of shares Transaction Time of transaction
purchased price
(per share)
690 2080 08:35:20
------------- --------------------
10 2080 08:35:20
------------- --------------------
347 2100 08:41:21
------------- --------------------
253 2100 08:41:21
------------- --------------------
456 2100 08:41:21
------------- --------------------
105 2100 08:41:21
------------- --------------------
437 2100 08:41:44
------------- --------------------
241 2100 08:41:44
------------- --------------------
64 2100 08:45:36
------------- --------------------
633 2100 08:45:36
------------- --------------------
400 2100 08:45:36
------------- --------------------
244 2100 08:45:36
------------- --------------------
548 2095 09:01:04
------------- --------------------
139 2095 09:01:04
------------- --------------------
579 2085 09:15:22
------------- --------------------
642 2080 09:25:43
------------- --------------------
20 2075 10:03:12
------------- --------------------
593 2075 10:03:12
------------- --------------------
347 2085 10:32:51
------------- --------------------
299 2085 10:32:51
------------- --------------------
644 2080 10:44:11
------------- --------------------
156 2085 10:46:41
------------- --------------------
78 2085 10:46:41
------------- --------------------
144 2085 10:46:41
------------- --------------------
211 2085 10:46:41
------------- --------------------
211 2085 11:29:31
------------- --------------------
53 2085 11:29:31
------------- --------------------
307 2085 11:29:31
------------- --------------------
45 2085 11:29:31
------------- --------------------
141 2090 11:37:39
------------- --------------------
516 2090 11:37:39
------------- --------------------
599 2075 11:49:41
------------- --------------------
560 2065 12:33:52
------------- --------------------
138 2065 12:33:52
------------- --------------------
211 2065 12:33:52
------------- --------------------
6 2065 12:33:52
------------- --------------------
189 2065 13:04:32
------------- --------------------
463 2065 13:04:32
------------- --------------------
117 2070 13:23:59
------------- --------------------
166 2070 13:23:59
------------- --------------------
49 2070 13:23:59
------------- --------------------
157 2075 13:36:16
------------- --------------------
98 2075 13:36:16
------------- --------------------
6 2075 13:36:16
------------- --------------------
34 2075 13:36:16
------------- --------------------
211 2075 13:36:16
------------- --------------------
163 2075 13:36:16
------------- --------------------
250 2070 13:42:06
------------- --------------------
10 2070 13:42:06
------------- --------------------
665 2070 13:42:06
------------- --------------------
55 2070 13:49:46
------------- --------------------
28 2070 13:49:46
------------- --------------------
250 2070 13:50:33
------------- --------------------
250 2070 13:50:33
------------- --------------------
77 2070 13:50:33
------------- --------------------
216 2065 14:28:02
------------- --------------------
163 2080 14:40:02
------------- --------------------
360 2080 14:40:02
------------- --------------------
390 2080 14:40:02
------------- --------------------
4 2075 14:40:41
------------- --------------------
233 2075 14:40:41
------------- --------------------
358 2075 14:40:41
------------- --------------------
625 2075 14:40:41
------------- --------------------
93 2075 14:58:39
------------- --------------------
42 2075 14:58:39
------------- --------------------
166 2075 14:58:39
------------- --------------------
230 2075 14:58:39
------------- --------------------
60 2075 14:58:39
------------- --------------------
146 2070 15:10:55
------------- --------------------
497 2070 15:10:55
------------- --------------------
146 2070 15:10:55
------------- --------------------
857 2075 15:38:49
------------- --------------------
17 2075 15:38:49
------------- --------------------
6 2075 15:38:49
------------- --------------------
537 2075 15:38:49
------------- --------------------
870 2075 15:38:49
------------- --------------------
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 CFO Head of Investor
CEO Relations
+995 322 444 444
+995 322 444 144 +44 203 178 4034 +995 322 444 108 (7515)
agachechiladze@bog.ge moliver@bgeo.com sgvalia@bog.ge ir@bog.ge
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of an offer to buy any securities
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