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BGEO Bank Of Georgia Group Plc

4,930.00
35.00 (0.72%)
Last Updated: 08:34:58
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
  35.00 0.72% 4,930.00 4,905.00 4,945.00 4,930.00 4,830.00 4,830.00 197 08:34:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Bank of Georgia Group PLC Transaction in Own Shares (4381J)

12/12/2022 4:53pm

UK Regulatory


Bank Of Georgia (LSE:BGEO)
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From Apr 2022 to Apr 2024

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TIDMBGEO

RNS Number : 4381J

Bank of Georgia Group PLC

12 December 2022

London, 12 December 2022

Bank of Georgia Group PLC announces transaction in own shares

Bank of Georgia Group PLC (the " Company "- LSE: BGEO LN) announces that on 12 December 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:                             12 December 2022 
 Number of Shares purchased:                   17,162 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:                 2635.0000p 
 Lowest price paid per Share:                  2600.0000p 
 Average market price paid per 
  share:                                       2619.3193p 
 

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 47,498,982 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:        12 December 2022 
   Investment firm:          Numis Securities Limited 

Aggregate information:

 
         Venue               Volume-weighted      Aggregated volume 
                           average price, pence 
 London Stock Exchange         2619.3193p              17,162 
                         ----------------------  ------------------ 
 
 
 Number of shares   Transaction    Time of transaction   Execution venue 
  purchased          price 
                     (per share) 
 654                2625           09:13:48              XLON 
                   -------------  --------------------  ---------------- 
 508                2622.5         09:13:48              XLON 
                   -------------  --------------------  ---------------- 
 600                2620           09:13:48              XLON 
                   -------------  --------------------  ---------------- 
 186                2620           09:36:52              XLON 
                   -------------  --------------------  ---------------- 
 341                2620           09:36:52              XLON 
                   -------------  --------------------  ---------------- 
 48                 2620           09:36:53              XLON 
                   -------------  --------------------  ---------------- 
 36                 2620           09:36:53              XLON 
                   -------------  --------------------  ---------------- 
 52                 2620           09:38:13              XLON 
                   -------------  --------------------  ---------------- 
 122                2620           09:38:13              XLON 
                   -------------  --------------------  ---------------- 
 122                2620           09:38:13              XLON 
                   -------------  --------------------  ---------------- 
 168                2620           09:38:13              XLON 
                   -------------  --------------------  ---------------- 
 72                 2610           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 200                2610           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 285                2610           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 562                2605           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 93                 2605           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 168                2605           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 22                 2605           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 94                 2605           10:04:37              XLON 
                   -------------  --------------------  ---------------- 
 266                2600           10:06:01              XLON 
                   -------------  --------------------  ---------------- 
 299                2600           10:06:01              XLON 
                   -------------  --------------------  ---------------- 
 49                 2600           10:06:01              XLON 
                   -------------  --------------------  ---------------- 
 67                 2610           10:34:43              XLON 
                   -------------  --------------------  ---------------- 
 528                2610           10:34:43              XLON 
                   -------------  --------------------  ---------------- 
 126                2615           11:04:55              XLON 
                   -------------  --------------------  ---------------- 
 531                2610           11:04:55              XLON 
                   -------------  --------------------  ---------------- 
 110                2610           11:45:55              XLON 
                   -------------  --------------------  ---------------- 
 110                2610           11:45:55              XLON 
                   -------------  --------------------  ---------------- 
 315                2610           11:45:55              XLON 
                   -------------  --------------------  ---------------- 
 168                2610           11:45:55              XLON 
                   -------------  --------------------  ---------------- 
 140                2610           11:45:55              XLON 
                   -------------  --------------------  ---------------- 
 535                2615           12:58:06              XLON 
                   -------------  --------------------  ---------------- 
 508                2630           13:06:16              XLON 
                   -------------  --------------------  ---------------- 
 1166               2630           13:11:56              XLON 
                   -------------  --------------------  ---------------- 
 15                 2635           13:34:34              XLON 
                   -------------  --------------------  ---------------- 
 480                2635           13:34:34              XLON 
                   -------------  --------------------  ---------------- 
 528                2630           13:49:44              XLON 
                   -------------  --------------------  ---------------- 
 52                 2630           13:49:44              XLON 
                   -------------  --------------------  ---------------- 
 182                2625           13:55:17              XLON 
                   -------------  --------------------  ---------------- 
 15                 2625           13:55:17              XLON 
                   -------------  --------------------  ---------------- 
 115                2625           13:55:17              XLON 
                   -------------  --------------------  ---------------- 
 229                2625           13:55:17              XLON 
                   -------------  --------------------  ---------------- 
 18                 2625           14:19:17              XLON 
                   -------------  --------------------  ---------------- 
 132                2625           14:19:17              XLON 
                   -------------  --------------------  ---------------- 
 138                2625           14:19:17              XLON 
                   -------------  --------------------  ---------------- 
 138                2625           14:19:17              XLON 
                   -------------  --------------------  ---------------- 
 99                 2620           14:24:46              XLON 
                   -------------  --------------------  ---------------- 
 173                2620           14:24:46              XLON 
                   -------------  --------------------  ---------------- 
 15                 2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 188                2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 106                2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 271                2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 130                2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 130                2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 95                 2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 84                 2615           14:42:46              XLON 
                   -------------  --------------------  ---------------- 
 38                 2615           14:44:46              XLON 
                   -------------  --------------------  ---------------- 
 42                 2615           14:44:46              XLON 
                   -------------  --------------------  ---------------- 
 112                2615           14:44:46              XLON 
                   -------------  --------------------  ---------------- 
 130                2620           15:02:47              XLON 
                   -------------  --------------------  ---------------- 
 130                2620           15:02:47              XLON 
                   -------------  --------------------  ---------------- 
 88                 2625           15:08:51              XLON 
                   -------------  --------------------  ---------------- 
 496                2625           15:08:51              XLON 
                   -------------  --------------------  ---------------- 
 135                2625           15:08:52              XLON 
                   -------------  --------------------  ---------------- 
 168                2625           15:08:52              XLON 
                   -------------  --------------------  ---------------- 
 503                2622.5         15:12:16              XLON 
                   -------------  --------------------  ---------------- 
 401                2620           15:14:05              XLON 
                   -------------  --------------------  ---------------- 
 86                 2620           15:14:05              XLON 
                   -------------  --------------------  ---------------- 
 92                 2620           15:31:54              XLON 
                   -------------  --------------------  ---------------- 
 44                 2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 400                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 122                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 122                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 121                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 85                 2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 122                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 121                2625           15:36:36              XLON 
                   -------------  --------------------  ---------------- 
 81                 2615           15:45:21              XLON 
                   -------------  --------------------  ---------------- 
 121                2615           15:45:21              XLON 
                   -------------  --------------------  ---------------- 
 32                 2620           16:09:18              XLON 
                   -------------  --------------------  ---------------- 
 72                 2620           16:09:18              XLON 
                   -------------  --------------------  ---------------- 
 161                2620           16:09:18              XLON 
                   -------------  --------------------  ---------------- 
 391                2620           16:09:18              XLON 
                   -------------  --------------------  ---------------- 
 162                2617.5         16:18:24              XLON 
                   -------------  --------------------  ---------------- 
 

LEI Number: 213800XKDG12NQG8VC53

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 797 726 7347

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    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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December 12, 2022 11:53 ET (16:53 GMT)

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