BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
11th November 2024, 17:51
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RNS Number : 7859L
Bank of Georgia Group PLC
11 November 2024
 

London, 11 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 11 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:

11 November 2024

 

Number of Shares purchased:

 

1,264 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:

 

4733.4000p

Lowest price paid per Share:

4690.0000p

 

Average market price paid per Share:

 

4714.4738p

 

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 44,553,147 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:        11 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4714.4738p

1,264

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

10

4705

08:24:18

XLON

10

4710

08:24:18

XLON

56

4710

08:24:18

XLON

10

4730

08:36:34

XLON

14

4730

08:36:34

XLON

65

4730

08:36:34

XLON

7

4727.5

09:03:18

XLON

86

4725

09:03:18

XLON

6

4727.5

09:03:18

XLON

5

4720

09:26:48

XLON

5

4720

09:26:48

XLON

76

4720

09:26:48

XLON

11

4720.22876

09:30:37

XLON

4

4715

09:38:50

XLON

5

4715

09:43:08

XLON

4

4715

09:43:08

XLON

4

4720

09:50:00

XLON

6

4717.5

09:52:24

XLON

4

4717.5

09:52:24

XLON

4

4717.5

09:52:24

XLON

4

4715

10:01:30

XLON

4

4715

10:03:05

XLON

4

4717.5

10:06:23

XLON

4

4717.5

10:13:00

XLON

9

4725

10:17:12

XLON

69

4730

10:18:44

XLON

3

4730

10:18:44

XLON

17

4730

10:18:44

XLON

4

4729.13041

10:21:52

XLON

8

4729.225

10:22:12

XLON

25

4726.75906

10:23:45

XLON

18

4700

10:28:17

XLON

6

4695

10:33:08

XLON

10

4695

10:33:08

XLON

6

4695

10:37:33

XLON

3

4695

10:41:18

XLON

3

4695

10:42:02

XLON

5

4695

10:42:23

XLON

5

4695

10:46:43

XLON

3

4690

10:49:28

XLON

5

4690

10:50:43

XLON

5

4690

10:54:53

XLON

3

4690

10:58:58

XLON

7

4690

10:59:33

XLON

44

4690

11:00:31

XLON

3

4690

11:03:59

XLON

3

4694.13793

11:07:38

XLON

3

4697.5

11:14:21

XLON

3

4697.5

11:15:35

XLON

36

4697.5

11:16:34

XLON

3

4697.5

11:19:10

XLON

6

4697.5

11:19:26

XLON

4

4694.7619

11:23:56

XLON

3

4694.925

11:25:05

XLON

3

4695

11:34:45

XLON

3

4703.50446

11:38:16

XLON

3

4710

11:41:10

XLON

3

4710

11:44:25

XLON

40

4715

11:45:50

XLON

25

4715

11:45:50

XLON

5

4715

11:45:50

XLON

7

4715

11:45:50

XLON

4

4714.64583

11:50:30

XLON

9

4710

11:50:50

XLON

3

4712.5

11:53:55

XLON

3

4720

11:59:10

XLON

3

4720

12:03:05

XLON

5

4720

12:03:13

XLON

3

4720

12:12:25

XLON

89

4715

12:14:35

XLON

3

4726.51382

12:23:00

XLON

7

4733.4

12:43:40

XLON

6

4733.4

12:43:40

XLON

9

4724.15966

12:57:54

XLON

5

4724.15966

12:57:54

XLON

3

4717.75362

13:00:50

XLON

6

4710

13:05:06

XLON

2

4707.5

13:05:06

XLON

195

4710

13:10:02

XLON

90

4710

13:10:02

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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