BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
14th November 2024, 17:33
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RNS Number : 3318M
Bank of Georgia Group PLC
14 November 2024
 

London, 14 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 14 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:

14 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:

 

4947.5000p

Lowest price paid per Share:

4890.0000p

 

Average market price paid per Share:

 

4922.3500p

 

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 44,538,147 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:        14 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4922.3500p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

256

4925

 16:35:20

XLON

875

4925

 16:35:20

XLON

335

4925

 16:35:20

XLON

449

4925

 16:35:20

XLON

1

4925

 16:35:20

XLON

1

4925

 16:35:20

XLON

1

4925

 16:35:20

XLON

1

4925

 16:35:20

XLON

25

4925

 16:35:20

XLON

50

4890

 16:23:50

XLON

22

4890

 16:22:57

XLON

2

4890

 16:20:30

XLON

71

4890

 16:20:30

XLON

69

4890

 16:17:38

XLON

2

4890

 16:17:38

XLON

67

4890

 16:17:38

XLON

89

4900

 16:04:03

XLON

38

4902.5

 16:02:02

XLON

7

4895

 15:59:34

XLON

54

4895

 15:59:21

XLON

2

4895

 15:56:24

XLON

9

4895

 15:56:24

XLON

48

4915

 15:37:06

XLON

25

4915

 15:37:06

XLON

65

4922.5

 15:28:31

XLON

71

4922.5

 15:28:31

XLON

46

4917.5

 15:24:16

XLON

69

4940

 15:13:32

XLON

43

4940

 15:13:32

XLON

1

4940

 15:03:56

XLON

20

4940

 15:03:56

XLON

22

4945

 15:03:12

XLON

35

4945

 15:03:12

XLON

65

4947.5

 14:54:45

XLON

71

4947.5

 14:38:22

XLON

30

4945

 14:38:22

XLON

39

4945

 14:38:22

XLON

2

4945

 14:38:22

XLON

179

4945

 14:38:22

XLON

60

4935

 14:01:05

XLON

14

4910

 13:56:50

XLON

89

4915

 13:36:59

XLON

69

4920

 13:03:54

XLON

20

4920

 13:03:54

XLON

64

4925

 12:55:25

XLON

64

4925

 12:55:25

XLON

102

4915

 12:17:02

XLON

72

4920

 11:54:20

XLON

83

4907.5

 11:47:18

XLON

67

4905

 11:25:57

XLON

65

4900

 10:54:13

XLON

73

4915

 10:40:20

XLON

62

4910

 10:27:22

XLON

82

4910

 09:51:07

XLON

88

4915

 09:41:06

XLON

7

4905

 09:31:55

XLON

5

4905

 09:31:55

XLON

4

4910

 09:23:27

XLON

72

4910

 09:23:27

XLON

71

4917.5

 09:12:15

XLON

102

4935

 09:04:25

XLON

143

4925

 08:42:07

XLON

54

4940

 08:19:28

XLON

198

4940

 08:19:28

XLON

13

4905

 08:03:44

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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