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Transaction in Own Shares • Aug 25, 2022
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Transaction in Own Shares
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National Storage Mechanism | Additional information 
RNS Number : 2898X
Bank of Georgia Group PLC
25 August 2022
London, 25 August 2022
Bank of Georgia Group PLC announces transaction in own shares
Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that on 25 August 2022, 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 30 June 2022 (the "Buyback Programme").
| Date of purchase: | 25 August 2022 |
| Number of Shares purchased: | 19,500 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: | 2015.0000p |
| Average market price paid per share: | 2048.8482p |
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 48,702,939 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: 25 August 2022
Investment firm: Numis Securities Limited
Aggregate information:
| Venue | Volume-weighted average price, pence |
Aggregated volume |
| London Stock Exchange | 2048.8482p | 19,500 |
| Number of shares purchased |
Transaction price (per share) |
Time of transaction |
| 1 | 2095 | 08:27:03 |
| 98 | 2095 | 08:27:03 |
| 648 | 2100 | 08:59:14 |
| 1 | 2100 | 09:12:23 |
| 55 | 2100 | 09:12:23 |
| 63 | 2100 | 09:12:23 |
| 115 | 2100 | 09:12:23 |
| 220 | 2100 | 09:12:23 |
| 373 | 2100 | 09:12:23 |
| 464 | 2095 | 09:12:23 |
| 426 | 2085 | 10:07:33 |
| 322 | 2075 | 10:12:17 |
| 108 | 2075 | 10:12:17 |
| 225 | 2065 | 10:26:00 |
| 245 | 2065 | 10:26:00 |
| 311 | 2055 | 10:48:10 |
| 124 | 2055 | 10:48:10 |
| 493 | 2050 | 11:25:41 |
| 63 | 2045 | 11:25:41 |
| 86 | 2045 | 11:25:42 |
| 179 | 2045 | 11:25:49 |
| 99 | 2045 | 11:25:49 |
| 217 | 2040 | 11:29:17 |
| 244 | 2040 | 11:33:28 |
| 400 | 2040 | 11:33:28 |
| 99 | 2040 | 11:33:28 |
| 410 | 2030 | 12:16:26 |
| 445 | 2030 | 12:16:26 |
| 485 | 2025 | 12:22:46 |
| 442 | 2025 | 12:23:10 |
| 260 | 2025 | 12:50:40 |
| 5 | 2025 | 12:52:01 |
| 173 | 2025 | 13:04:38 |
| 4 | 2025 | 13:04:38 |
| 496 | 2025 | 13:04:38 |
| 466 | 2020 | 13:19:32 |
| 456 | 2015 | 13:19:44 |
| 132 | 2040 | 13:33:17 |
| 50 | 2040 | 13:33:17 |
| 216 | 2040 | 13:33:17 |
| 27 | 2045 | 13:57:04 |
| 43 | 2045 | 13:57:04 |
| 74 | 2045 | 13:57:04 |
| 49 | 2045 | 13:57:04 |
| 394 | 2045 | 13:57:04 |
| 176 | 2045 | 13:57:04 |
| 495 | 2040 | 13:59:09 |
| 135 | 2045 | 14:18:09 |
| 46 | 2045 | 14:18:09 |
| 107 | 2045 | 14:18:09 |
| 170 | 2045 | 14:18:09 |
| 170 | 2045 | 14:18:09 |
| 5 | 2045 | 14:18:09 |
| 74 | 2045 | 14:18:09 |
| 496 | 2040 | 14:24:22 |
| 436 | 2035 | 14:31:46 |
| 404 | 2030 | 14:32:48 |
| 405 | 2030 | 14:40:42 |
| 21 | 2030 | 14:40:42 |
| 47 | 2030 | 15:04:25 |
| 12 | 2030 | 15:04:25 |
| 3 | 2035 | 15:06:55 |
| 4 | 2035 | 15:06:55 |
| 2268 | 2040 | 15:19:40 |
| 180 | 2040 | 15:19:40 |
| 16 | 2055 | 15:34:14 |
| 397 | 2055 | 15:34:14 |
| 18 | 2055 | 15:34:14 |
| 453 | 2050 | 15:34:14 |
| 297 | 2050 | 15:51:15 |
| 164 | 2050 | 15:51:15 |
| 24 | 2050 | 15:51:15 |
| 75 | 2050 | 15:51:15 |
| 75 | 2050 | 15:51:15 |
| 255 | 2050 | 15:51:15 |
| 312 | 2050 | 15:52:44 |
| 101 | 2050 | 15:52:44 |
| 404 | 2045 | 16:06:24 |
| 475 | 2070 | 16:12:27 |
| 55 | 2070 | 16:17:04 |
| 300 | 2070 | 16:17:04 |
| 119 | 2070 | 16:17:04 |
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 CEO | CFO | Head of Investor Relations |
| +995 322 444 144 | +44 203 178 4034 | +995 322 444 108 | +995 322 444 444 (7515) |
| [email protected] | [email protected] | [email protected] | [email protected] |
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
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