REG - Bank of Georgia Grp - Transaction in Own Shares

Lion FinanceAnnouncement

27/12/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241227:nRSa3410Ra&default-theme=true

RNS Number : 3410R  Bank of Georgia Group PLC  27 December 2024

London, 27 December 2024

 

Bank of Georgia Group PLC announces Transaction in own shares

 

Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that on 24
December 2024, Cavendish Capital Markets Limited ("Cavendish") 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 22 August 2024 (the "Buyback Programme").

 

 Date of purchase:                     24 December 2024

 Number of Shares purchased:           2,500 Shares

 The purchase price represents the volume weighted average price paid by
 Cavendish in sourcing the Shares, with the highest and lowest price paid by
 Cavendish being:

 Highest price paid per Share:         4700.0000p

 Lowest price paid per Share:          4645.0000p

 Average market price paid per Share:  4683.0000p

 

Application will be made later 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 44,400,647 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
Cavendish 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:        24 December 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

 Venue                  Volume-weighted        Aggregated volume

                        average price, pence
 London Stock Exchange  4683.0000p             2,500

 

 Number of Ordinary Shares Purchased  Transaction Price (GBP share)  Time of Transaction (UK Time)  Trading Venue
 22                                   4687.5                         2024 12 24 09:06:48            XLON
 32                                   4687.5                         2024 12 24 09:13:58            XLON
 29                                   4687.5                         2024 12 24 09:20:48            XLON
 108                                  4677.5                         2024 12 24 09:25:13            XLON
 4                                    4668.67788                     2024 12 24 09:48:28            XLON
 18                                   4652.52329                     2024 12 24 09:53:18            XLON
 19                                   4655                           2024 12 24 09:58:08            XLON
 19                                   4645                           2024 12 24 10:02:58            XLON
 20                                   4645                           2024 12 24 10:07:48            XLON
 20                                   4645                           2024 12 24 10:12:38            XLON
 18                                   4645                           2024 12 24 10:17:28            XLON
 18                                   4645                           2024 12 24 10:22:18            XLON
 18                                   4645                           2024 12 24 10:27:08            XLON
 18                                   4645                           2024 12 24 10:31:48            XLON
 19                                   4645                           2024 12 24 10:36:38            XLON
 19                                   4645                           2024 12 24 10:41:18            XLON
 21                                   4645                           2024 12 24 10:46:08            XLON
 20                                   4655                           2024 12 24 10:50:58            XLON
 23                                   4656.26984                     2024 12 24 10:55:48            XLON
 26                                   4660                           2024 12 24 11:00:38            XLON
 23                                   4660                           2024 12 24 11:05:28            XLON
 17                                   4660                           2024 12 24 11:09:58            XLON
 19                                   4660                           2024 12 24 11:14:32            XLON
 25                                   4654.8932                      2024 12 24 11:19:12            XLON
 34                                   4655                           2024 12 24 11:23:52            XLON
 25                                   4655                           2024 12 24 11:28:47            XLON
 24                                   4655                           2024 12 24 11:33:37            XLON
 24                                   4660                           2024 12 24 11:38:17            XLON
 27                                   4667.5                         2024 12 24 11:43:07            XLON
 28                                   4667.5                         2024 12 24 11:47:57            XLON
 30                                   4667.5                         2024 12 24 11:52:47            XLON
 33                                   4667.5                         2024 12 24 11:57:37            XLON
 23                                   4673.78378                     2024 12 24 12:02:27            XLON
 5                                    4675                           2024 12 24 12:11:48            XLON
 93                                   4685                           2024 12 24 12:11:48            XLON
 48                                   4685                           2024 12 24 12:11:48            XLON
 105                                  4680                           2024 12 24 12:20:00            XLON
 30                                   4680                           2024 12 24 12:21:26            XLON
 48                                   4680                           2024 12 24 12:21:26            XLON
 6                                    4680                           2024 12 24 12:21:26            XLON
 20                                   4685                           2024 12 24 12:21:26            XLON
 52                                   4685                           2024 12 24 12:21:26            XLON
 15                                   4675                           2024 12 24 12:23:01            XLON
 14                                   4675                           2024 12 24 12:23:01            XLON
 1                                    4675                           2024 12 24 12:23:01            XLON
 24                                   4675                           2024 12 24 12:23:01            XLON
 18                                   4675                           2024 12 24 12:23:01            XLON
 14                                   4675                           2024 12 24 12:23:01            XLON
 60                                   4670                           2024 12 24 12:27:00            XLON
 5                                    4674.15528                     2024 12 24 12:27:00            XLON
 1119                                 4700                           2024 12 24 12:35:25            XLON

 

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 (LSE: BGEO LN) is a FTSE 250 holding company whose
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.

 

Legal Entity Identifier: 213800XKDG12NQG8VC53

 

 

For further information, please visit www.bankofgeorgiagroup.com
(http://www.bankofgeorgiagroup.com) or contact:

 

 Michael Oliver                              Nini Arshakuni
 Adviser to the CEO                          Head of Investor Relations
 +44 203 178 4034                            +44 203 178 4034
 moliver@bgeo.com (mailto:moliver@bgeo.com)  ir@bgeo.com

 

 

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSFLFEVFDLSFIS