Company Announcements

Transaction in Own Shares

Source: RNS
RNS Number : 6751U
Bank of Georgia Group PLC
29 March 2023
 

London, 29 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 29 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:

29 March 2023

 

Number of Shares purchased:

 

26,000 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:

 

2695.0000p

Lowest price paid per Share:                                                                                                                             

 

2645.0000p

Average market price paid per share:

 

2675.7212p

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 47,014,533 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:        29 March 2023

Investment firm:          Numis Securities Limited

 

Aggregate information:

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

2675.7212p

26,000

 

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Execution venue

164

2675

12:16:14

XLON

8

2675

12:16:14

XLON

57

2670

12:16:14

XLON

179

2670

12:16:14

XLON

27

2670

12:16:14

XLON

45

2670

12:16:14

XLON

161

2670

12:16:14

XLON

98

2670

12:21:34

XLON

98

2670

12:21:34

XLON

98

2670

12:31:09

XLON

14

2670

12:31:09

XLON

106

2670

12:31:09

XLON

160

2665

12:43:17

XLON

40

2665

12:43:17

XLON

50

2665

12:43:17

XLON

100

2665

12:43:17

XLON

15

2665

12:50:01

XLON

317

2665

12:50:01

XLON

349

2660

12:54:33

XLON

21

2660

12:54:33

XLON

72

2655

13:05:05

XLON

46

2655

13:06:45

XLON

46

2655

13:10:48

XLON

41

2655

13:12:04

XLON

19

2655

13:14:22

XLON

130

2655

13:14:22

XLON

333

2655

13:14:22

XLON

42

2645

13:22:36

XLON

101

2645

13:22:36

XLON

58

2645

13:27:39

XLON

147

2655

13:33:53

XLON

77

2655

13:33:53

XLON

114

2655

13:33:54

XLON

147

2655

13:33:54

XLON

77

2655

13:33:54

XLON

50

2655

13:33:59

XLON

127

2655

13:33:59

XLON

114

2655

13:33:59

XLON

73

2655

13:33:59

XLON

73

2655

13:35:39

XLON

111

2655

13:35:39

XLON

114

2655

13:35:39

XLON

74

2655

13:35:39

XLON

75

2655

13:35:39

XLON

114

2655

13:44:53

XLON

194

2655

13:44:53

XLON

100

2655

13:44:53

XLON

112

2655

13:44:53

XLON

112

2655

13:44:53

XLON

112

2655

13:44:53

XLON

320

2650

13:47:58

XLON

49

2645

14:02:19

XLON

49

2645

14:06:39

XLON

103

2650

14:12:34

XLON

123

2655

14:13:29

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

116

2660

14:16:56

XLON

139

2665

14:18:49

XLON

72

2665

14:18:49

XLON

157

2665

14:18:49

XLON

81

2665

14:18:49

XLON

57

2665

14:19:59

XLON

284

2665

14:19:59

XLON

73

2665

14:28:20

XLON

4

2665

14:28:20

XLON

164

2665

14:28:20

XLON

20

2665

14:28:20

XLON

39

2665

14:28:20

XLON

337

2660

14:33:38

XLON

79

2660

14:39:50

XLON

12

2660

14:39:50

XLON

102

2660

14:39:50

XLON

92

2660

14:39:50

XLON

50

2660

14:40:10

XLON

304

2660

14:40:10

XLON

5

2660

14:40:10

XLON

47

2660

14:45:15

XLON

50

2660

14:46:30

XLON

205

2660

14:46:30

XLON

190

2660

14:46:30

XLON

50

2660

14:46:30

XLON

50

2660

14:46:30

XLON

16

2660

14:46:30

XLON

101

2660

14:46:30

XLON

115

2660

14:46:30

XLON

86

2660

14:46:30

XLON

58

2655

14:56:14

XLON

58

2655

15:01:30

XLON

199

2665

15:02:48

XLON

103

2665

15:02:48

XLON

114

2665

15:02:48

XLON

50

2665

15:02:48

XLON

50

2665

15:02:48

XLON

105

2665

15:02:48

XLON

236

2665

15:02:48

XLON

350

2665

15:02:48

XLON

50

2665

15:04:48

XLON

50

2665

15:04:48

XLON

247

2665

15:04:48

XLON

50

2665

15:07:48

XLON

50

2665

15:07:48

XLON

125

2665

15:07:48

XLON

15

2670

15:08:05

XLON

91

2670

15:08:05

XLON

67

2675

15:08:20

XLON

37

2675

15:08:20

XLON

14

2675

15:08:20

XLON

96

2675

15:13:00

XLON

99

2680

15:13:54

XLON

13

2680

15:13:54

XLON

241

2680

15:13:54

XLON

150

2680

15:13:54

XLON

100

2680

15:13:54

XLON

50

2680

15:13:54

XLON

61

2680

15:13:54

XLON

100

2680

15:14:54

XLON

200

2680

15:14:54

XLON

55

2680

15:14:54

XLON

108

2680

15:14:54

XLON

11

2680

15:15:40

XLON

13

2680

15:15:40

XLON

14

2680

15:15:40

XLON

5

2680

15:15:40

XLON

70

2680

15:15:40

XLON

113

2680

15:15:40

XLON

94

2680

15:16:40

XLON

14

2680

15:16:40

XLON

724

2680

15:17:52

XLON

13

2680

15:18:52

XLON

477

2680

15:18:52

XLON

48

2680

15:18:52

XLON

103

2680

15:19:04

XLON

208

2680

15:19:04

XLON

208

2680

15:19:04

XLON

208

2680

15:20:04

XLON

15

2680

15:20:04

XLON

397

2690

15:28:30

XLON

65

2690

15:28:30

XLON

213

2690

15:28:35

XLON

296

2690

15:30:11

XLON

296

2690

15:31:11

XLON

92

2690

15:33:14

XLON

246

2690

15:33:14

XLON

192

2690

15:34:14

XLON

28

2690

15:34:14

XLON

74

2690

15:42:12

XLON

57

2690

15:42:12

XLON

50

2690

15:42:12

XLON

59

2690

15:42:12

XLON

50

2690

15:42:12

XLON

258

2695

15:42:12

XLON

113

2695

15:42:12

XLON

134

2695

15:42:12

XLON

90

2695

15:42:12

XLON

441

2695

15:42:12

XLON

110

2695

15:42:21

XLON

176

2695

15:42:21

XLON

14

2695

15:42:21

XLON

53

2695

15:44:38

XLON

164

2695

15:44:38

XLON

164

2695

15:44:38

XLON

14

2695

15:44:38

XLON

334

2690

15:46:22

XLON

93

2690

15:46:22

XLON

4

2690

15:46:22

XLON

110

2690

15:46:22

XLON

268

2690

15:53:43

XLON

155

2695

15:53:43

XLON

56

2695

15:53:43

XLON

172

2695

15:53:43

XLON

17

2695

15:53:43

XLON

106

2695

15:53:43

XLON

269

2695

15:57:58

XLON

47

2695

15:57:58

XLON

94

2695

15:57:58

XLON

134

2695

15:57:58

XLON

109

2695

15:57:58

XLON

57

2695

15:57:58

XLON

134

2695

15:57:58

XLON

134

2695

15:57:58

XLON

134

2695

15:57:58

XLON

302

2685

16:00:38

XLON

327

2685

16:03:38

XLON

65

2685

16:07:54

XLON

167

2690

16:08:30

XLON

164

2690

16:08:30

XLON

164

2690

16:08:30

XLON

164

2690

16:08:30

XLON

164

2690

16:08:30

XLON

167

2690

16:08:30

XLON

167

2690

16:09:30

XLON

52

2690

16:09:30

XLON

70

2690

16:09:30

XLON

30

2690

16:09:30

XLON

2

2685

16:13:48

XLON

66

2685

16:14:30

XLON

222

2685

16:18:50

XLON

146

2685

16:18:50

XLON

60

2685

16:20:05

XLON

115

2690

16:23:05

XLON

136

2690

16:23:05

XLON

75

2690

16:23:05

XLON

137

2690

16:23:05

XLON

183

2690

16:23:05

XLON

163

2690

16:23:05

XLON

183

2690

16:23:05

XLON

163

2690

16:23:05

XLON

183

2690

16:23:05

XLON

183

2690

16:23:05

XLON

183

2690

16:23:05

XLON

129

2690

16:23:05

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

 


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