Transaction in Own Shares

Released : 05 Nov 2024 18:21

RNS Number : 0724L
Bank of Georgia Group PLC
05 November 2024
 

London, 05 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 05 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:

05 November 2024

 

Number of Shares purchased:

 

2,343 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:

 

4350.0000p

Lowest price paid per Share:

4325.0000p

 

Average market price paid per Share:

 

4345.3980p

 

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 44,559,411 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:        05 November 2024

Investment firm:          Cavendish Capital Markets Limited

 

Aggregate information:

 

Venue

Volume-weighted

average price, pence

Aggregated volume

London Stock Exchange

4345.3980p

2,343

 

Number of Ordinary Shares Purchased

Transaction Price (GBP share)

Time of Transaction (UK Time)

Trading Venue

13

4345

 16:19:25

XLON

74

4345

 16:19:23

XLON

31

4345

 16:19:21

XLON

81

4350

 16:15:47

XLON

81

4350

 16:00:59

XLON

13

4350

 16:00:59

XLON

229

4350

 16:00:59

XLON

10

4350

 15:57:34

XLON

18

4350

 15:57:34

XLON

55

4350

 15:57:34

XLON

81

4350

 15:57:34

XLON

75

4345

 15:26:14

XLON

75

4345

 15:26:14

XLON

74

4340

 15:11:38

XLON

4

4340

 15:11:38

XLON

85

4342.5

 15:07:36

XLON

18

4335

 15:02:29

XLON

50

4335

 15:02:29

XLON

1

4335

 15:02:29

XLON

69

4335

 14:52:59

XLON

100

4345

 14:50:35

XLON

55

4350

 14:30:16

XLON

58

4350

 14:30:13

XLON

25

4340

 14:30:12

XLON

66

4345

 14:30:03

XLON

65

4345

 14:30:03

XLON

72

4350

 14:22:17

XLON

72

4350

 14:22:17

XLON

85

4340

 12:21:53

XLON

89

4350

 12:20:15

XLON

65

4350

 12:20:15

XLON

20

4340

 10:17:14

XLON

49

4340

 10:17:14

XLON

73

4340

 10:17:14

XLON

84

4340

 10:17:14

XLON

66

4345

 09:34:42

XLON

82

4345

 09:11:02

XLON

18

4345

 09:11:02

XLON

47

4345

 09:11:02

XLON

2

4325

 09:06:10

XLON

8

4325

 09:06:10

XLON

5

4325

 09:06:10

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)

[email protected]

[email protected]

 


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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