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BGEO Bank Of Georgia Group Plc

4,900.00
-65.00 (-1.31%)
Last Updated: 13:15:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bank Of Georgia Group Plc LSE:BGEO London Ordinary Share GB00BF4HYT85 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -65.00 -1.31% 4,900.00 4,905.00 4,920.00 4,900.00 4,805.00 4,865.00 16,169 13:15:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bank of Georgia Group PLC Transaction in Own Shares (4268B)

30/09/2022 5:07pm

UK Regulatory


Bank Of Georgia (LSE:BGEO)
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TIDMBGEO

RNS Number : 4268B

Bank of Georgia Group PLC

30 September 2022

London, 30 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 30 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:                           30 September 2022 
 Number of Shares purchased:                 25,000 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:               1994.0000p 
 Lowest price paid per Share:                1954.0000p 
 Average market price paid per               1974.0738p 
  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 48,153,305 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:        30 September 2022 
   Investment firm:          Numis Securities Limited 

Aggregate information:

 
         Venue               Volume-weighted       Aggregated volume 
                           average price, pence 
 London Stock Exchange          1974.0738p              25,000 
                         -----------------------  ------------------ 
 
 
 Number of shares   Transaction    Time of transaction 
  purchased          price 
                     (per share) 
 300                1960           08:15:04 
                   -------------  -------------------- 
 23                 1960           08:15:04 
                   -------------  -------------------- 
 150                1960           08:15:04 
                   -------------  -------------------- 
 140                1960           08:15:04 
                   -------------  -------------------- 
 621                1976           08:30:29 
                   -------------  -------------------- 
 341                1976           08:43:44 
                   -------------  -------------------- 
 170                1976           08:43:44 
                   -------------  -------------------- 
 134                1976           08:43:44 
                   -------------  -------------------- 
 105                1976           08:43:44 
                   -------------  -------------------- 
 22                 1986           09:23:06 
                   -------------  -------------------- 
 51                 1986           09:23:06 
                   -------------  -------------------- 
 80                 1986           09:23:06 
                   -------------  -------------------- 
 389                1986           09:23:06 
                   -------------  -------------------- 
 31                 1986           09:23:06 
                   -------------  -------------------- 
 89                 1986           09:23:10 
                   -------------  -------------------- 
 251                1992           09:38:14 
                   -------------  -------------------- 
 333                1992           09:38:14 
                   -------------  -------------------- 
 20                 1992           10:01:03 
                   -------------  -------------------- 
 652                1992           10:01:03 
                   -------------  -------------------- 
 100                1992           10:14:58 
                   -------------  -------------------- 
 514                1992           10:14:58 
                   -------------  -------------------- 
 587                1982           10:31:58 
                   -------------  -------------------- 
 300                1976           10:37:03 
                   -------------  -------------------- 
 330                1976           10:37:03 
                   -------------  -------------------- 
 341                1980           11:02:24 
                   -------------  -------------------- 
 231                1980           11:02:24 
                   -------------  -------------------- 
 147                1978           11:16:17 
                   -------------  -------------------- 
 95                 1978           11:16:17 
                   -------------  -------------------- 
 300                1978           11:17:59 
                   -------------  -------------------- 
 123                1978           11:17:59 
                   -------------  -------------------- 
 588                1974           11:33:19 
                   -------------  -------------------- 
 326                1976           11:50:32 
                   -------------  -------------------- 
 300                1976           11:50:32 
                   -------------  -------------------- 
 57                 1976           11:50:32 
                   -------------  -------------------- 
 100                1964           12:11:14 
                   -------------  -------------------- 
 398                1964           12:15:24 
                   -------------  -------------------- 
 60                 1964           12:15:24 
                   -------------  -------------------- 
 42                 1964           12:15:24 
                   -------------  -------------------- 
 596                1966           12:36:42 
                   -------------  -------------------- 
 600                1966           12:36:42 
                   -------------  -------------------- 
 2                  1960           12:55:23 
                   -------------  -------------------- 
 300                1960           12:55:23 
                   -------------  -------------------- 
 356                1960           12:55:23 
                   -------------  -------------------- 
 582                1954           13:07:15 
                   -------------  -------------------- 
 1                  1962           13:14:38 
                   -------------  -------------------- 
 100                1964           13:14:38 
                   -------------  -------------------- 
 101                1964           13:14:38 
                   -------------  -------------------- 
 105                1964           13:14:38 
                   -------------  -------------------- 
 300                1958           13:19:51 
                   -------------  -------------------- 
 318                1958           13:19:51 
                   -------------  -------------------- 
 577                1958           13:30:06 
                   -------------  -------------------- 
 7                  1954           13:41:47 
                   -------------  -------------------- 
 7                  1954           13:41:52 
                   -------------  -------------------- 
 2                  1954           13:41:52 
                   -------------  -------------------- 
 11                 1954           13:41:52 
                   -------------  -------------------- 
 29                 1966           14:00:12 
                   -------------  -------------------- 
 6                  1966           14:00:12 
                   -------------  -------------------- 
 7                  1968           14:00:12 
                   -------------  -------------------- 
 7                  1968           14:00:12 
                   -------------  -------------------- 
 80                 1968           14:00:12 
                   -------------  -------------------- 
 105                1968           14:00:12 
                   -------------  -------------------- 
 32                 1966           14:03:12 
                   -------------  -------------------- 
 300                1966           14:03:12 
                   -------------  -------------------- 
 9                  1966           14:03:12 
                   -------------  -------------------- 
 320                1966           14:05:16 
                   -------------  -------------------- 
 459                1968           14:23:28 
                   -------------  -------------------- 
 232                1968           14:23:28 
                   -------------  -------------------- 
 577                1970           14:25:56 
                   -------------  -------------------- 
 85                 1970           14:25:56 
                   -------------  -------------------- 
 10                 1970           14:25:56 
                   -------------  -------------------- 
 150                1970           14:25:56 
                   -------------  -------------------- 
 150                1970           14:25:56 
                   -------------  -------------------- 
 296                1968           14:27:22 
                   -------------  -------------------- 
 220                1968           14:27:22 
                   -------------  -------------------- 
 40                 1968           14:27:22 
                   -------------  -------------------- 
 644                1966           14:36:58 
                   -------------  -------------------- 
 544                1966           14:48:06 
                   -------------  -------------------- 
 14                 1966           14:48:06 
                   -------------  -------------------- 
 659                1974           15:02:28 
                   -------------  -------------------- 
 25                 1974           15:02:28 
                   -------------  -------------------- 
 563                1974           15:02:28 
                   -------------  -------------------- 
 573                1976           15:08:06 
                   -------------  -------------------- 
 599                1970           15:17:53 
                   -------------  -------------------- 
 681                1970           15:20:22 
                   -------------  -------------------- 
 136                1968           15:29:25 
                   -------------  -------------------- 
 157                1968           15:29:25 
                   -------------  -------------------- 
 300                1968           15:29:25 
                   -------------  -------------------- 
 70                 1968           15:29:25 
                   -------------  -------------------- 
 153                1976           15:33:25 
                   -------------  -------------------- 
 7                  1976           15:33:25 
                   -------------  -------------------- 
 144                1980           15:37:32 
                   -------------  -------------------- 
 83                 1980           15:37:32 
                   -------------  -------------------- 
 153                1978           15:38:25 
                   -------------  -------------------- 
 10                 1978           15:38:25 
                   -------------  -------------------- 
 151                1978           15:40:40 
                   -------------  -------------------- 
 105                1978           15:40:40 
                   -------------  -------------------- 
 154                1978           15:51:54 
                   -------------  -------------------- 
 101                1978           15:51:54 
                   -------------  -------------------- 
 100                1978           15:51:54 
                   -------------  -------------------- 
 80                 1978           15:51:54 
                   -------------  -------------------- 
 581                1976           15:53:23 
                   -------------  -------------------- 
 6                  1984           15:59:42 
                   -------------  -------------------- 
 228                1992           16:04:48 
                   -------------  -------------------- 
 145                1992           16:04:56 
                   -------------  -------------------- 
 7                  1992           16:05:19 
                   -------------  -------------------- 
 36                 1992           16:05:22 
                   -------------  -------------------- 
 7                  1992           16:05:26 
                   -------------  -------------------- 
 8                  1992           16:06:11 
                   -------------  -------------------- 
 11                 1992           16:06:19 
                   -------------  -------------------- 
 6                  1992           16:06:23 
                   -------------  -------------------- 
 2                  1992           16:06:32 
                   -------------  -------------------- 
 33                 1992           16:07:04 
                   -------------  -------------------- 
 628                1994           16:08:54 
                   -------------  -------------------- 
 300                1992           16:08:55 
                   -------------  -------------------- 
 264                1992           16:08:55 
                   -------------  -------------------- 
 60                 1990           16:16:20 
                   -------------  -------------------- 
 511                1990           16:16:20 
                   -------------  -------------------- 
 41                 1990           16:16:20 
                   -------------  -------------------- 
 

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 
 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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