BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
15th November 2024, 17:53
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RNS Number : 5108M
Bank of Georgia Group PLC
15 November 2024
 

London, 15 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 15 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:

15 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:

 

4920.0000p

Lowest price paid per Share:

4830.0000p

 

Average market price paid per Share:

 

4900.3310p

 

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 44,533,147 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:        15 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4900.3310p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

115

4915

 16:35:20

XLON

1469

4915

 16:35:20

XLON

6

4915

 16:35:20

XLON

481

4915

 16:35:20

XLON

65

4920

 16:28:30

XLON

57

4915

 16:28:27

XLON

78

4880

 16:03:01

XLON

17

4885

 16:02:53

XLON

57

4885

 16:02:53

XLON

74

4895

 15:46:41

XLON

107

4905

 15:35:17

XLON

73

4900

 15:22:27

XLON

31

4900

 15:22:27

XLON

46

4890

 15:08:21

XLON

11

4895

 15:08:21

XLON

58

4895

 15:08:21

XLON

171

4895

 15:08:21

XLON

20

4895

 15:08:21

XLON

57

4895

 15:08:21

XLON

2

4895

 15:03:07

XLON

39

4895

 15:03:07

XLON

65

4890

 14:45:41

XLON

16

4865

 14:30:55

XLON

5

4870

 14:30:00

XLON

46

4870

 14:30:00

XLON

61

4860

 13:51:40

XLON

50

4860

 13:51:40

XLON

16

4860

 13:51:40

XLON

30

4860

 13:51:40

XLON

67

4860

 13:14:16

XLON

29

4860

 13:14:16

XLON

71

4870

 13:06:02

XLON

29

4865

 12:27:05

XLON

46

4865

 12:27:05

XLON

88

4860

 12:25:15

XLON

2

4860

 12:25:15

XLON

14

4860

 12:25:15

XLON

36

4885

 11:58:13

XLON

35

4885

 11:58:13

XLON

23

4885

 11:58:13

XLON

46

4885

 11:58:13

XLON

27

4885

 11:58:13

XLON

64

4885

 11:58:13

XLON

32

4885

 11:58:13

XLON

21

4885

 11:58:13

XLON

2

4885

 11:58:13

XLON

4

4885

 10:59:26

XLON

4

4885

 10:59:26

XLON

2

4885

 10:59:26

XLON

64

4885

 10:15:25

XLON

62

4900

 10:15:23

XLON

57

4900

 10:15:23

XLON

159

4900

 10:15:23

XLON

5

4895

 09:59:05

XLON

66

4905

 09:49:47

XLON

95

4905

 09:02:35

XLON

101

4910

 08:55:04

XLON

10

4910

 08:55:04

XLON

40

4915

 08:49:32

XLON

58

4915

 08:49:32

XLON

18

4915

 08:49:32

XLON

19

4920

 08:21:01

XLON

46

4920

 08:21:01

XLON

9

4920

 08:21:01

XLON

48

4920

 08:21:01

XLON

113

4880

 08:10:45

XLON

52

4830

 08:01:37

XLON

13

4915

 08:00:22

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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