BGEO.L

Bank of Georgia Group PLC
Bank of Georgia Grp - Transaction in Own Shares
21st November 2024, 17:34
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RNS Number : 2316N
Bank of Georgia Group PLC
21 November 2024
 

London, 21 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 21 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:

21 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:

 

4975.0000p

Lowest price paid per Share:

4870.0000p

 

Average market price paid per Share:

 

4920.6400p

 

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 44,513,147 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:        21 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4920.6400p

5,000

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

2293

4950

 16:35:24

XLON

59

4910

 16:20:15

XLON

97

4910

 16:20:15

XLON

59

4910

 16:20:15

XLON

48

4910

 16:20:15

XLON

5

4910

 16:19:29

XLON

59

4915

 16:19:20

XLON

1

4910

 16:13:20

XLON

4

4910

 16:01:24

XLON

58

4915

 15:58:11

XLON

58

4915

 15:50:20

XLON

57

4910

 15:28:44

XLON

57

4910

 15:28:44

XLON

57

4910

 15:28:44

XLON

76

4910

 15:28:44

XLON

74

4915

 15:19:07

XLON

70

4895

 14:34:33

XLON

96

4900

 14:34:32

XLON

64

4900

 14:34:32

XLON

9

4905

 14:12:27

XLON

54

4905

 14:12:27

XLON

66

4915

 14:05:49

XLON

91

4915

 14:05:23

XLON

4

4905

 14:05:15

XLON

8

4905

 14:05:14

XLON

15

4875

 13:47:18

XLON

105

4875

 13:47:18

XLON

61

4885

 13:40:16

XLON

6

4875

 13:38:53

XLON

63

4880

 12:51:42

XLON

7

4885

 11:38:51

XLON

50

4885

 11:38:51

XLON

50

4885

 11:38:51

XLON

9

4885

 11:38:51

XLON

61

4885

 11:38:51

XLON

61

4890

 11:33:09

XLON

66

4885

 10:49:42

XLON

3

4875

 10:23:05

XLON

3

4875

 10:23:05

XLON

58

4875

 10:23:05

XLON

57

4875

 10:23:05

XLON

58

4885

 09:48:40

XLON

55

4885

 09:48:40

XLON

104

4870

 09:27:10

XLON

85

4890

 09:11:38

XLON

66

4895

 09:11:36

XLON

87

4880

 08:36:56

XLON

164

4885

 08:36:56

XLON

57

4885

 08:36:56

XLON

14

4885

 08:36:56

XLON

43

4885

 08:36:56

XLON

61

4920

 08:30:12

XLON

7

4975

 08:02:34

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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