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Lion Finance Group PLC

Transaction in Own Shares Jul 10, 2018

4897_rns_2018-07-10_d12d058d-a056-4c29-b6b3-f5a7d0000b9a.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

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RNS Number : 2077U

Bank of Georgia Group PLC

10 July 2018

London, 10 July 2018

Bank of Georgia Group announces transaction in own shares

Bank of Georgia Group PLC (the "Company") announces that it has today repurchased and cancelled two ordinary shares (subscriber shares) of £0.01 each.

Following the above repurchase and cancellation, the total number of shares in issue is 49,169,428. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services, b) corporate investment banking and wealth management operations and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the leading universal bank in Georgia, is the core entity of the Group. The Group targets to benefit from the underpenetrated banking sector in Georgia through both its retail banking and corporate investment banking services and aims to deliver on its strategy: (1) at least 20% ROAE, and (2) 15%-20% 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 'Ba3/NP' (FC) & 'Ba2/NP' (LC)

For further information, please visit www.bankofgeorgiagroup.com or contact:

Kaha Kiknavelidze Michael Oliver David Tsiklauri Natia Kalandarishvili
Group CEO Adviser to the CEO Group CFO Head of Investor Relations
+995 322 444 126 +44 203 178 4034 +995 322 444 108 +995 322 444 444 (9282)
[email protected] [email protected] [email protected] [email protected]

This news 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 [email protected] or visit www.rns.com.

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