BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
18th November 2024, 17:49
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RNS Number : 6912M
Bank of Georgia Group PLC
18 November 2024
 

London, 18 November 2024

 

Bank of Georgia Group PLC announces Transaction in own shares

 

Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that on 18 November 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:

18 November 2024

 

Number of Shares purchased:

 

5,000 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:

 

4995.0000p

Lowest price paid per Share:

4865.0000p

 

Average market price paid per Share:

 

4907.1800p

 

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 44,528,147 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:        18 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4907.1800p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

1218

4895

 16:37:17

XLON

2000

4905

 15:25:14

XLON

70

4900

 14:51:45

XLON

78

4910

 14:45:03

XLON

59

4905

 14:40:54

XLON

96

4905

 14:35:58

XLON

16

4875

 14:10:18

XLON

1

4875

 14:10:17

XLON

5

4875

 14:10:17

XLON

33

4880

 14:04:14

XLON

33

4880

 14:04:14

XLON

7

4880

 14:04:14

XLON

72

4875

 13:21:02

XLON

4

4875

 13:21:02

XLON

124

4875

 13:02:32

XLON

103

4875

 13:02:32

XLON

2

4875

 13:01:13

XLON

36

4885

 12:25:35

XLON

28

4885

 12:25:35

XLON

16

4865

 12:03:46

XLON

44

4895

 11:27:01

XLON

39

4895

 11:27:01

XLON

64

4910

 11:01:32

XLON

82

4925

 10:41:42

XLON

66

4930

 10:14:18

XLON

115

4930

 10:14:18

XLON

7

4930

 10:14:18

XLON

61

4935

 10:14:17

XLON

77

4950

 09:09:16

XLON

174

4965

 09:03:33

XLON

74

4955

 08:29:11

XLON

64

4955

 08:29:11

XLON

17

4965

 08:13:06

XLON

17

4965

 08:13:06

XLON

60

4965

 08:13:06

XLON

19

4965

 08:12:51

XLON

12

4965

 08:12:44

XLON

7

4995

 08:10:05

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 or contact:

 

Michael Oliver

Nini Arshakuni

Adviser to the CEO

Head of Investor Relations

+44 203 178 4034

+995 322 444 444 (7515)

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

 

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