BGEO Group announces Transaction in Own Shares

Released : 11 May 2017 08:50

RNS Number : 8461E
Bgeo Group PLC
11 May 2017
 

            London, 11 May 2017

 

BGEO Group announces Transaction in Own Shares

 

BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 10 May 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:

10 May 2017

 

 

Number of ordinary shares repurchased:

10,000

 

 

Highest price paid per ordinary share:

£36.95

 

 

Lowest price paid per ordinary share:

£35.24

Volume weighted average price paid per ordinary share:

£36.15

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 39,459,320 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:        

10 May 2017

 

Number of ordinary shares purchased:

Volume weighted average price (pence):

10,000

3615

 

 

Individual transactions:

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Platform

69

3695

16:26:46

XUBS

924

3695

16:35:15

XLON

50

3695

16:35:15

XLON

66

3688

16:25:40

XUBS

65

3687.5

16:29:24

XUBS

62

3687

16:24:26

XUBS

67

3682

16:23:21

XUBS

64

3680

16:22:12

XUBS

62

3678.5

16:21:00

XUBS

59

3677

16:17:28

XUBS

66

3672

16:19:44

XUBS

73

3668.5

16:16:23

XUBS

64

3666.5

16:18:26

XUBS

68

3665.5

15:18:39

XUBS

68

3663

15:15:23

XUBS

68

3663

15:29:08

XUBS

69

3662.5

15:31:23

XUBS

61

3661.5

16:14:30

XUBS

62

3661

15:21:43

XUBS

58

3661

16:13:48

XUBS

57

3660

15:08:23

XUBS

62

3659.5

15:11:03

XUBS

57

3659.5

15:13:02

XUBS

65

3659

15:02:23

XUBS

64

3657

15:24:00

XUBS

63

3657

15:33:17

XUBS

68

3657

15:35:23

XUBS

63

3657

15:38:07

XUBS

66

3656.5

15:05:00

XUBS

59

3655.5

15:40:43

XUBS

62

3655.5

15:42:43

XUBS

2

3655.5

15:42:43

XUBS

38

3654.5

15:44:43

XUBS

24

3654.5

15:44:43

XUBS

67

3653.5

15:47:03

XUBS

58

3651

15:49:43

XUBS

60

3648.5

15:26:54

XUBS

57

3646.5

16:03:03

XUBS

64

3646

14:57:43

XUBS

61

3646

14:59:43

XUBS

67

3645

15:58:03

XUBS

61

3644

15:56:01

XUBS

60

3643.5

16:09:23

XUBS

68

3642.5

16:06:23

XUBS

67

3642.5

16:12:03

XUBS

30

3642

16:04:50

XUBS

26

3642

16:04:50

XUBS

35

3642

16:10:59

XUBS

64

3641.5

14:55:23

XUBS

61

3641

16:08:14

XUBS

58

3639.5

14:52:23

XUBS

62

3638.5

14:49:23

XUBS

69

3638

15:59:17

XUBS

59

3637.5

16:01:23

XUBS

59

3636

15:51:29

XUBS

14

3630

08:24:11

XUBS

69

3630

15:53:34

XUBS

66

3627

14:45:41

XUBS

65

3626

08:24:11

XUBS

65

3625.5

08:41:11

XUBS

63

3623.5

08:25:29

XUBS

50

3622

08:25:29

TRQX

17

3622

08:25:29

TRQX

68

3621

08:35:51

XUBS

60

3619.5

08:32:01

XUBS

70

3619.5

14:34:03

XUBS

67

3619.5

14:37:03

XUBS

66

3619

14:43:05

XUBS

64

3613

14:24:43

XUBS

69

3613

14:27:43

XUBS

65

3611

14:30:43

XUBS

57

3606

14:39:58

XUBS

65

3603.5

14:18:21

XUBS

61

3603

14:15:23

XUBS

60

3602.5

14:22:01

XUBS

63

3601.5

08:57:03

XUBS

61

3600

08:54:44

XUBS

69

3596.5

08:53:32

XUBS

63

3592

08:46:07

XUBS

14

3592

08:52:03

CHIX

67

3592

09:01:52

XUBS

67

3592

14:10:19

XUBS

100

3591.5

08:52:08

JPMX

83

3591.5

08:52:08

JPMX

58

3591

14:06:03

XUBS

200

3590

09:01:49

XLON

238

3590

09:01:49

XLON

40

3590

09:01:49

XLON

145

3590

09:01:52

XLON

31

3590

09:05:48

XLON

138

3590

09:05:48

XLON

25

3590

09:05:48

XLON

60

3588

10:51:51

XUBS

61

3585

08:51:27

XUBS

58

3584.5

13:58:03

XUBS

67

3584.5

14:01:37

XUBS

67

3583

10:23:01

XUBS

57

3583

13:44:43

XUBS

60

3583

13:49:37

XUBS

63

3583

13:53:37

XUBS

68

3579.5

09:07:27

XUBS

69

3578

10:30:23

XUBS

69

3575

10:44:43

XUBS

57

3574.5

13:36:02

XUBS

63

3574.5

13:39:37

XUBS

68

3572

10:16:03

XUBS

66

3571.5

13:31:40

XUBS

70

3569

10:37:23

XUBS

57

3562

11:03:43

XUBS

62

3560.5

13:28:37

XUBS

58

3559.5

10:09:39

XUBS

60

3559.5

11:35:30

XUBS

62

3559

11:16:09

XUBS

63

3558.5

11:28:43

XUBS

60

3558

09:40:23

XUBS

63

3557.5

11:46:23

XUBS

60

3557

12:03:23

XUBS

63

3557

12:11:43

XUBS

57

3557

13:22:46

XUBS

58

3556.5

12:25:02

XUBS

61

3556

11:41:23

XUBS

57

3556

12:30:32

XUBS

57

3555.5

11:59:57

XUBS

63

3555

11:09:43

XUBS

58

3554

11:52:23

XUBS

63

3553.5

10:57:18

XUBS

59

3553

12:18:23

XUBS

59

3552.5

10:05:23

XUBS

60

3552.5

11:23:03

XUBS

66

3552

12:36:23

XUBS

59

3552

13:17:04

XUBS

62

3550.5

13:00:23

XUBS

63

3550

12:54:28

XUBS

61

3550

13:12:15

XUBS

68

3548

09:57:34

XUBS

69

3548

12:42:52

XUBS

59

3548

12:49:03

XUBS

68

3546

13:07:17

XUBS

62

3545

09:33:39

XUBS

69

3539.5

09:14:38

XUBS

57

3538

09:52:03

XUBS

69

3536.5

09:27:43

XUBS

68

3532.5

09:45:52

XUBS

66

3523.5

09:21:21

XUBS

 

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
 
 
POSGRGDUCSBBGRB