BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
31st October 2024, 17:18
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RNS Number : 4882K
Bank of Georgia Group PLC
31 October 2024
 

London, 31 October 2024

 

Bank of Georgia Group PLC announces Transaction in own shares

 

Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that on 31 October 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:

31 October 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:

 

4165.0000p

Lowest price paid per Share:

4040.0000p

 

Average market price paid per Share:

 

4131.2770p

 

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 44,561,754 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:        31 October 2024

Investment firm:           Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4131.2770p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

837

4160

 16:35:28

XLON

256

4160

 16:35:28

XLON

82

4160

 16:35:28

XLON

307

4160

 16:35:28

XLON

53

4160

 16:35:28

XLON

66

4160

 16:35:28

XLON

20

4160

 16:35:28

XLON

35

4160

 16:35:28

XLON

73

4160

 16:35:28

XLON

27

4160

 16:35:28

XLON

67

4160

 16:35:28

XLON

93

4160

 16:24:29

XLON

67

4160

 16:24:07

XLON

75

4160

 16:03:32

XLON

95

4165

 16:02:33

XLON

55

4155

 15:47:45

XLON

79

4155

 15:47:45

XLON

30

4155

 15:47:45

XLON

35

4150

 15:30:58

XLON

47

4150

 15:30:58

XLON

163

4135

 15:20:12

XLON

74

4125

 15:15:14

XLON

53

4120

 15:10:12

XLON

61

4120

 15:09:03

XLON

71

4115

 15:03:20

XLON

93

4110

 14:45:26

XLON

50

4110

 14:45:26

XLON

24

4120

 14:37:51

XLON

52

4120

 14:37:51

XLON

82

4130

 14:13:01

XLON

125

4125

 14:03:57

XLON

108

4150

 13:37:35

XLON

13

4150

 13:37:35

XLON

125

4155

 13:01:49

XLON

145

4155

 11:58:34

XLON

124

4130

 11:30:45

XLON

9

4110

 11:01:45

XLON

50

4110

 11:01:45

XLON

50

4110

 11:01:45

XLON

2

4110

 11:01:45

XLON

5

4110

 10:56:52

XLON

72

4115

 10:56:37

XLON

76

4100

 10:14:27

XLON

82

4085

 09:59:15

XLON

52

4092.5

 09:40:56

XLON

34

4065

 09:32:53

XLON

2

4065

 09:32:53

XLON

38

4065

 09:32:53

XLON

71

4072.5

 09:26:08

XLON

109

4072.5

 09:26:07

XLON

79

4055

 08:52:37

XLON

46

4055

 08:52:37

XLON

140

4050

 08:42:27

XLON

15

4040

 08:20:16

XLON

31

4040

 08:20:16

XLON

33

4040

 08:20:16

XLON

91

4075

 08:12:05

XLON

70

4075

 08:12:05

XLON

48

4075

 08:12:05

XLON

22

4075

 08:12:05

XLON

11

4065

 08:00:34

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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