BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
13th November 2024, 17:55
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RNS Number : 1594M
Bank of Georgia Group PLC
13 November 2024
 

London, 13 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 13 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:

13 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:

 

4930.0000p

Lowest price paid per Share:

4730.0000p

 

Average market price paid per Share:

 

4840.9145p

 

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 44,543,147 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:        13 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4840.9145p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

558

4830

 16:35:15

XLON

570

4830

 16:35:15

XLON

448

4830

 16:35:15

XLON

99

4835

 16:23:14

XLON

1

4825

 16:17:52

XLON

33

4845

 16:14:19

XLON

1

4845

 16:14:19

XLON

2

4845

 16:14:19

XLON

69

4845

 16:14:19

XLON

57

4845

 16:14:19

XLON

58

4845

 16:14:19

XLON

46

4845

 15:58:56

XLON

36

4845

 15:55:35

XLON

126

4840

 15:40:50

XLON

91

4840

 15:40:50

XLON

156

4850

 15:15:46

XLON

2

4850

 15:15:46

XLON

111

4855

 15:05:19

XLON

82

4865

 14:49:12

XLON

14

4875

 14:41:34

XLON

46

4875

 14:41:34

XLON

60

4880

 14:41:34

XLON

82

4880

 14:41:34

XLON

118

4875

 14:20:17

XLON

84

4840

 13:55:05

XLON

75

4840

 13:55:05

XLON

92

4840

 13:55:05

XLON

76

4830

 13:19:26

XLON

127

4840

 13:15:02

XLON

67

4830

 12:54:13

XLON

47

4830

 12:54:13

XLON

68

4830

 12:54:13

XLON

18

4830

 12:54:13

XLON

29

4830

 12:26:29

XLON

10

4830

 12:22:24

XLON

10

4830

 12:21:44

XLON

121

4830

 11:43:25

XLON

100

4855

 11:20:37

XLON

38

4860

 10:49:14

XLON

38

4860

 10:49:14

XLON

33

4860

 10:49:14

XLON

27

4860

 10:35:54

XLON

47

4860

 10:35:54

XLON

11

4860

 10:35:54

XLON

26

4855

 10:05:06

XLON

183

4855

 10:05:06

XLON

31

4855

 10:05:06

XLON

57

4855

 10:05:06

XLON

61

4837.5

 09:10:40

XLON

71

4835

 09:00:00

XLON

57

4845

 08:45:04

XLON

71

4845

 08:45:04

XLON

73

4805

 08:33:23

XLON

166

4830

 08:32:41

XLON

92

4730

 08:10:04

XLON

113

4925

 08:02:11

XLON

15

4930

 08:00:18

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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