BGEO Group announces Transaction in Own Shares

Released : 20 Mar 2017 07:23

RNS Number : 9083Z
Bgeo Group PLC
20 March 2017
 

            London, 20 March 2017

 

BGEO Group announces Transaction in Own Shares

 

BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 17 March 2017, Numis Securities Limited, purchased on behalf of the BGEO 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 BGEO share buyback and cancellation programme announced on 10 March 2017 (the Buyback Programme).

 

Date of purchase:

17 March 2017



Number of ordinary shares repurchased:

7,000



Highest price paid per ordinary share:

£30.72



Lowest price paid per ordinary share:

£30.54

Volume weighted average price paid per ordinary share:

£30.60

Application will be made for the Repurchased Shares to be cancelled immediately. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 39,483,320 which may immediately 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, BGEO under the FCA's Disclosure Guidance and Transparency Rules. BGEO Group PLC holds no shares in treasury.   

BGEO will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of BGEO 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.

Aggregate information:

Issuer name and ISIN:        

BGEO Group PLC (ISIN: GB00B759CR16)

Date of purchases:        

17 March 2017

 

Number of ordinary shares purchased:

Volume weighted average price (pence):

7,000

3060



Individual transactions:

Number of shares
purchased

Transaction price
(per share) in pence

Time of transaction

Platform

29

3072

12:26:38

XLON

53

3072

12:26:38

XLON

14

3072

12:26:38

XLON

48

3071

12:25:32

CHIX

71

3071

12:25:32

CHIX

44

3071

12:26:38

TRQX

32

3069

12:25:28

XLON

100

3069

13:22:59

XLON

14

3069

13:22:59

XLON

86

3069

14:09:11

BATE

22

3069

14:09:11

BATE

56

3068

12:02:46

TRQX

57

3068

12:02:46

TRQX

102

3068

12:27:48

TRQX

144

3068

13:22:59

XLON

12

3068

13:22:59

XLON

101

3068

13:26:28

TRQX

88

3068

14:09:12

CHIX

15

3068

14:09:12

CHIX

53

3068

14:19:36

XLON

55

3068

14:19:36

XLON

123

3067

12:03:58

XUBS

69

3067

14:07:56

XLON

40

3067

14:07:56

XLON

104

3066

12:51:58

TRQX

81

3066

13:23:15

TRQX

32

3066

13:23:15

TRQX

93

3066

14:09:25

TRQX

22

3066

14:09:29

TRQX

4

3066

14:20:48

TRQX

24

3066

14:22:00

TRQX

76

3066

14:22:00

TRQX

100

3066

14:31:58

XLON

19

3066

14:31:58

XLON

116

3066

14:41:30

XLON

100

3066

14:41:37

XLON

18

3066

14:41:37

XLON

146

3065

13:49:30

XLON

133

3065

13:49:30

XLON

2

3065

14:31:58

TRQX

106

3065

14:57:36

XLON

109

3064

12:25:28

XUBS

100

3064

12:54:54

CHIX

22

3064

12:55:10

CHIX

121

3064

12:59:30

XLON

105

3064

13:23:17

CHIX

106

3064

13:34:28

TRQX

2

3064

14:07:56

TRQX

56

3064

14:22:00

TRQX

59

3064

14:22:00

TRQX

116

3064

14:35:54

TRQX

115

3063

13:07:55

CHIX

104

3063

13:34:28

XLON

38

3063

14:30:55

TRQX

32

3063

14:30:55

TRQX

31

3063

14:30:55

TRQX

100

3063

14:36:03

TRQX

3

3063

14:36:03

TRQX

66

3063

14:43:08

BATE

28

3063

14:43:08

BATE

12

3063

14:43:08

BATE

111

3063

14:43:08

BATE

43

3063

14:57:36

CHIX

98

3063

14:58:10

XUBS

17

3063

14:58:10

XUBS

102

3062

12:25:19

XUBS

30

3062

12:25:19

XLON

14

3062

12:25:19

XLON

102

3062

12:55:56

TRQX

80

3062

12:59:30

XLON

31

3062

12:59:30

XLON

12

3062

12:59:30

XLON

109

3062

14:38:55

XLON

2

3062

14:38:55

XLON

45

3062

15:06:54

XLON

2

3061

13:07:32

CHIX

26

3061

13:34:31

XLON

75

3061

13:34:32

XLON

8

3061

13:34:43

XLON

107

3061

13:53:25

TRQX

60

3061

14:44:33

BATE

59

3061

14:44:34

BATE

53

3060.5

14:26:18

XUBS

25

3060

11:53:18

XUBS

124

3060

11:53:18

XUBS

95

3060

12:02:39

TRQX

85

3060

14:06:39

XUBS

42

3060

14:06:39

XUBS

116

3060

14:23:59

XUBS

56

3060

14:25:18

XUBS

39

3060

14:25:18

XUBS

119

3060

14:36:08

XLON

108

3060

14:52:34

XUBS

7

3060

14:52:34

XUBS

77

3060

14:58:52

TRQX

38

3060

14:58:52

TRQX

46

3059

13:18:59

TRQX

63

3059

13:18:59

TRQX

70

3059

13:56:02

TRQX

52

3059

13:58:19

TRQX

105

3059

14:06:39

TRQX

70

3059

15:05:59

XLON

43

3059

15:05:59

XLON

30

3059

15:06:20

CHIX

80

3059

15:06:20

XLON

100

3059

15:06:44

XLON

38

3059

15:06:44

XLON

67

3058

14:06:42

TRQX

50

3058

14:06:49

TRQX

11

3058

14:56:50

TRQX

125

3057

15:06:46

TRQX

4

3054

11:54:05

TRQX

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of authorised official of issuer responsible for making notification:

Rebecca Wooldridge, Deputy Company Secretary

 

About BGEO Group PLC

The Group: BGEO Group PLC ("BGEO" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company of a Georgia-focused investment platform. BGEO invests in the banking and non-banking sectors in Georgia (BGEO and its subsidiaries, the "Group"). BGEO aims to deliver on a 4x20 strategy: at least 20% ROAE and at least 20% growth of retail loan book in Banking Business, and at least 20% IRR and up to 20% of the Group's profit from Investment Business.

Banking Business: Our Banking Business comprises at least 80% of the Group's profit and consists of Retail Banking, Corporate Banking and Investment Management businesses at its core and other banking businesses such as P&C Insurance, Leasing, Payment Services and Banking operations in Belarus ("BNB"). The Group strives to benefit from the underpenetrated banking sector in Georgia especially through its Retail Banking services. JSC Bank of Georgia ("BOG" or the "Bank") is the main entity in the Group's Banking Business.

Investment Business: Our Investment Business comprises up to 20% of the Group's profit and consists of Georgia Healthcare Group (Healthcare Business) - an LSE (London Stock Exchange PLC) premium listed company, m2 Real Estate (Real Estate Business), Georgia Global Utilities (Utility Business or GGU) and Teliani Valley (Beverage Business). Georgia's fast-growing economy provides opportunities in a number of underdeveloped markets and the Group is well positioned to capture growth opportunities in the Georgian corporate sector.

 

JSC BGEO Group has, as of the date hereof, the following credit ratings:

Bank of Georgia has, as of the date hereof, the following credit ratings:





Fitch Ratings

'BB-/B'

Fitch Ratings

'BB-/B'

Moody's

B1/NP (FC) & B1/NP (LC)

Moody's

'B1/NP' (FC) & 'Ba3/NP' (LC)

 

For further information, please visit www.bgeo.com or contact: 

Irakli Gilauri

Michael Oliver

Giorgi Alpaidze

Group CEO

Adviser to the CEO

Head of Investor Relations

+995 322 444 109

          +44 203 178 4034

         +995 322 444 444 (ext. 3979)

igilauri@bog.ge

          moliver@bog.ge

          g.alpaidze@bog.ge

 

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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