BGEO Group announces Transaction in Own Shares

Released : 07 Jun 2017 07:55

RNS Number : 3802H
Bgeo Group PLC
07 June 2017
 

            London, 7 June 2017

BGEO Group announces Transaction in Own Shares

 

BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 6 June 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 which commenced on 10 March 2017 (the Buyback Programme).

 

Date of purchase:

6 June 2017



Number of ordinary shares repurchased:

10,000



Highest price paid per ordinary share:

£36.20



Lowest price paid per ordinary share:

£35.70

Volume weighted average price paid per ordinary share:

£35.97

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 39,439,320 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:        

6 June 2017

 

Number of ordinary shares purchased:

Volume weighted average price (pence):

10,000

3597



Individual transactions:

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Platform

22

3579

16:29:32

XUBS

40

3579

16:29:32

XUBS

116

3570

16:26:25

TRQX

108

3576.5

16:24:31

XUBS

20

3576

16:23:16

TRQX

95

3576

16:23:16

TRQX

67

3578

16:21:37

CHIX

11

3578

16:21:37

CHIX

25

3578

16:21:37

CHIX

62

3578

16:20:29

TRQX

65

3579

16:20:20

XLON

41

3579

16:20:20

XUBS

16

3578

16:20:20

TRQX

62

3578

16:20:20

TRQX

14

3577

16:19:19

CHIX

24

3577

16:19:14

CHIX

46

3576

16:18:23

XLON

113

3578

16:13:44

XUBS

81

3578

16:12:57

XLON

64

3578

16:12:57

XUBS

17

3576.5

16:12:57

TRQX

13

3577

16:12:57

CHIX

78

3578

16:11:41

XUBS

8

3577.5

16:11:41

TRQX

8

3577.5

16:11:41

BATE

8

3577.5

16:11:41

CHIX

20

3578

16:07:50

CHIX

101

3578

16:07:50

CHIX

105

3580

16:05:36

XLON

114

3582

16:05:36

TRQX

105

3584

16:01:08

XUBS

122

3580

15:59:20

CHIX

60

3583

15:55:19

XUBS

49

3582

15:55:18

XUBS

107

3586

15:54:17

TRQX

90

3591

15:51:12

CHIX

15

3591

15:51:12

CHIX

10

3592

15:48:51

XLON

57

3592

15:48:51

XLON

20

3592

15:48:51

XLON

30

3592

15:48:51

XLON

108

3591

15:46:36

TRQX

105

3590.5

15:41:20

XUBS

48

3591

15:39:01

XLON

70

3591

15:39:01

XLON

29

3586

15:37:54

TRQX

85

3586

15:37:54

CHIX

28

3586

15:36:39

CHIX

107

3584

15:33:14

TRQX

6

3585

15:32:37

XUBS

118

3585

15:32:10

BATE

106

3590.5

15:24:42

XUBS

24

3589.5

15:24:36

XUBS

15

3592

15:23:39

CHIX

50

3592

15:23:39

CHIX

50

3592

15:23:39

CHIX

75

3595

15:19:01

BATE

10

3594.5

15:19:01

TRQX

10

3594.5

15:19:01

BATE

45

3595

15:19:01

TRQX

7

3595

15:19:01

XLON

104

3595

15:19:01

XLON

76

3595

15:19:01

TRQX

88

3593

15:12:07

TRQX

67

3593

15:12:07

CHIX

64

3597

15:11:09

XLON

35

3596

15:11:09

XLON

40

3596

15:11:09

XLON

39

3596

15:11:09

TRQX

45

3596

15:11:09

TRQX

11

3594.5

15:11:09

TRQM

81

3594.5

15:11:09

TRQM

78

3592

15:07:32

TRQX

60

3592

15:07:32

TRQX

82

3592

15:07:32

TRQX

81

3592

15:07:32

XLON

94

3592

15:07:32

XLON

90

3592

15:07:32

XLON

53

3592

15:07:32

XLON

20

3591

15:07:32

TRQX

58

3591

15:07:32

TRQX

96

3591

15:07:32

TRQX

23

3592

15:07:32

XLON

45

3591

15:07:32

TRQX

59

3590

15:07:32

TRQX

63

3590

15:07:32

TRQX

52

3590

15:07:32

TRQX

60

3591

15:07:32

BATE

75

3591

15:07:32

CHIX

53

3590

15:07:32

TRQX

11

3590

15:07:32

XLON

12

3588

15:07:32

BATD

10

3588

15:07:32

TRQM

10

3588

15:07:32

CHID

25

3589

15:07:20

XUBS

109

3587.5

15:04:00

XUBS

62

3586

15:02:36

TRQX

62

3586

15:02:36

TRQX

109

3589

14:59:30

TRQX

108

3597

14:56:03

TRQX

36

3598

14:54:51

XLON

28

3598

14:54:51

XLON

53

3597

14:54:51

XLON

49

3597

14:54:51

XLON

100

3597

14:54:51

XLON

39

3602

14:51:24

XLON

70

3602

14:51:24

XLON

106

3599

14:47:31

CHIX

115

3600.5

14:47:20

XUBS

58

3599

14:42:55

XLON

41

3599

14:42:55

XLON

6

3599

14:42:55

XLON

112

3597

14:36:37

CHIX

115

3598

14:35:41

TRQX

104

3599

14:31:24

CHIX

114

3607

14:28:20

XUBS

116

3613

14:27:09

CHIX

24

3615

14:25:21

XUBS

109

3615

14:24:21

BATE

117

3618

14:23:06

TRQX

123

3620

14:23:06

TRQX

66

3618

14:18:29

TRQX

41

3618

14:18:29

TRQX

4

3618

14:18:29

CHID

8

3611

14:11:47

CHID

1

3611

14:11:47

BATE

123

3611

14:11:47

XLON

1

3611

14:11:47

BATD

1

3611

14:11:47

TRQM

1

3611

14:11:47

CHID

51

3613

14:10:58

TRQM

51

3613

14:10:58

TRQM

51

3613

14:10:58

TRQM

69

3613

14:10:58

TRQM

91

3613

14:10:58

TRQM

165

3613

14:10:58

XPOS

79

3613

14:10:58

XPOS

117

3613

14:10:58

CHID

160

3613

14:10:58

CHID

277

3613

14:10:58

CHID

50

3613

14:10:58

XPOS

115

3613

14:10:58

CHIX

53

3613

14:10:58

CHIX

65

3613

14:10:58

CHIX

274

3613

14:10:58

CHID

276

3613

14:10:58

BATD

242

3613

14:10:58

TRQM

15

3608.5

14:09:57

TRQM

19

3608.5

14:09:57

TRQM

2

3608.5

14:09:21

CHID

1

3608.5

14:09:21

TRQM

1

3608.5

14:09:21

BATD

1

3608.5

14:09:21

CHID

40

3608.5

14:09:08

XPOS

40

3608.5

14:09:08

LXEU

179

3608.5

14:08:21

JPMX

 

 

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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