BGEO Group announces Transaction in Own Shares

Released : 23 Jun 2017 07:25

RNS Number : 9882I
Bgeo Group PLC
23 June 2017
 

                London, 23 June 2017

BGEO Group announces Transaction in Own Shares

 

BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 22 June 2017, Numis Securities Limited purchased on behalf of BGEO the number of BGEO 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:

22 June 2017



Number of ordinary shares repurchased:

10,000



Highest price paid per ordinary share:

£35.46



Lowest price paid per ordinary share:

£34.95

Volume-weighted average price paid per ordinary share:

£35.20

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 39,412,320 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:        

22 June 2017

Number of ordinary shares purchased:

Volume weighted average price (pence):

10,000

3520



Individual transactions:

Number of shares
purchased

Transaction price
(per share)

Time of transaction

Venue

TRN

5

3524

16:29:50

XLON

00031584333TRLO0

2

3522

16:29:41

XLON

00031584293TRLO0

46

3522

16:29:41

XLON

00031584292TRLO0

100

3522

16:29:41

XLON

00031584291TRLO0

90

3519

16:28:16

XLON

00031584195TRLO0

129

3519

16:27:51

XLON

00031584172TRLO0

80

3518

16:27:12

XLON

00031584145TRLO0

34

3519

16:26:47

XLON

00031584131TRLO0

46

3519

16:26:47

XLON

00031584130TRLO0

49

3518

16:23:46

XLON

00031584002TRLO0

90

3518

16:23:46

XLON

00031584001TRLO0

46

3518

16:23:46

XLON

00031584000TRLO0

110

3518

16:23:46

XLON

00031583999TRLO0

45

3509

16:17:27

XLON

00031583724TRLO0

35

3509

16:17:27

XLON

00031583723TRLO0

160

3517

16:17:16

XLON

00031583711TRLO0

171

3519

16:15:28

XLON

00031583657TRLO0

70

3526

16:12:41

XLON

00031583514TRLO0

90

3526

16:12:41

XLON

00031583513TRLO0

12

3526

16:12:41

XLON

00031583512TRLO0

46

3526

16:12:41

XLON

00031583511TRLO0

100

3526

16:12:41

XLON

00031583510TRLO0

3

3526

16:07:31

XLON

00031583201TRLO0

100

3526

16:07:31

XLON

00031583200TRLO0

61

3526

16:07:18

XLON

00031583184TRLO0

46

3526

16:07:18

XLON

00031583183TRLO0

15

3525

16:07:02

XLON

00031583166TRLO0

100

3525

16:07:02

XLON

00031583165TRLO0

80

3524

16:05:14

XLON

00031583087TRLO0

66

3532

15:56:35

XLON

00031582661TRLO0

75

3532

15:56:35

XLON

00031582660TRLO0

80

3535

15:55:55

XLON

00031582612TRLO0

80

3532

15:53:45

XLON

00031582516TRLO0

80

3528

15:53:11

XLON

00031582473TRLO0

31

3523

15:51:56

XLON

00031582444TRLO0

49

3523

15:51:56

XLON

00031582443TRLO0

41

3522

15:50:07

XLON

00031582342TRLO0

39

3522

15:50:07

XLON

00031582341TRLO0

74

3523

15:46:15

XLON

00031582215TRLO0

70

3523

15:46:15

XLON

00031582214TRLO0

100

3523

15:46:15

XLON

00031582213TRLO0

39

3522

15:45:35

XLON

00031582077TRLO0

34

3512

15:37:51

XLON

00031581698TRLO0

110

3512

15:37:51

XLON

00031581697TRLO0

100

3512

15:37:51

XLON

00031581696TRLO0

93

3508

15:36:15

XLON

00031581645TRLO0

100

3510

15:29:42

XLON

00031581426TRLO0

70

3509

15:29:22

XLON

00031581424TRLO0

46

3509

15:29:22

XLON

00031581423TRLO0

151

3499

15:18:01

XLON

00031580977TRLO0

100

3499

15:18:01

XLON

00031580976TRLO0

9

3499

15:18:01

XLON

00031580975TRLO0

80

3495

15:06:55

XLON

00031580518TRLO0

91

3495

15:06:55

XLON

00031580517TRLO0

25

3496

15:04:03

XLON

00031580404TRLO0

1

3496

15:04:03

XLON

00031580403TRLO0

54

3496

15:04:03

XLON

00031580402TRLO0

81

3496

15:04:03

XLON

00031580401TRLO0

3

3501

14:59:02

XLON

00031580215TRLO0

3

3501

14:59:02

XLON

00031580214TRLO0

70

3501

14:59:02

XLON

00031580213TRLO0

28

3500

14:57:43

XLON

00031580125TRLO0

62

3500

14:57:43

XLON

00031580124TRLO0

80

3503

14:55:46

XLON

00031580039TRLO0

80

3502

14:54:58

XLON

00031580016TRLO0

70

3499

14:53:41

XLON

00031579968TRLO0

65

3498

14:52:52

XLON

00031579940TRLO0

34

3498

14:52:52

XLON

00031579939TRLO0

72

3496

14:52:38

XLON

00031579910TRLO0

65

3495

14:41:10

XLON

00031579479TRLO0

15

3495

14:41:10

XLON

00031579478TRLO0

90

3495

14:41:10

XLON

00031579477TRLO0

181

3505

14:35:30

XLON

00031579326TRLO0

51

3505

14:35:30

XLON

00031579325TRLO0

78

3501

14:28:03

XLON

00031579070TRLO0

63

3501

14:28:03

XLON

00031579069TRLO0

314

3504

14:21:35

XLON

00031578898TRLO0

80

3508

14:19:55

XLON

00031578858TRLO0

80

3503

14:15:29

XLON

00031578782TRLO0

80

3501

14:08:58

XLON

00031578637TRLO0

15

3512

13:49:49

XLON

00031578278TRLO0

88

3512

13:49:49

XLON

00031578277TRLO0

26

3512

13:49:49

XLON

00031578276TRLO0

29

3520

13:42:32

XLON

00031578149TRLO0

100

3520

13:42:32

XLON

00031578148TRLO0

80

3535

13:40:10

XLON

00031578096TRLO0

188

3536

13:40:10

XLON

00031578095TRLO0

45

3538

13:25:59

XLON

00031577915TRLO0

50

3538

13:25:59

XLON

00031577914TRLO0

257

3540

13:25:18

XLON

00031577906TRLO0

182

3519

13:05:43

XLON

00031577656TRLO0

2

3520

12:55:10

XLON

00031577472TRLO0

82

3520

12:55:10

XLON

00031577471TRLO0

86

3526

12:46:31

XLON

00031577287TRLO0

16

3530

12:43:20

XLON

00031577184TRLO0

50

3530

12:43:20

XLON

00031577183TRLO0

20

3530

12:43:20

XLON

00031577182TRLO0

3

3530

12:43:20

XLON

00031577181TRLO0

96

3530

12:43:20

XLON

00031577180TRLO0

86

3532

12:34:22

XLON

00031576849TRLO0

93

3532

12:34:22

XLON

00031576848TRLO0

29

3533

12:34:22

XLON

00031576847TRLO0

15

3533

12:34:22

XLON

00031576846TRLO0

20

3533

12:34:22

XLON

00031576845TRLO0

17

3533

12:34:22

XLON

00031576844TRLO0

88

3523

12:16:01

XLON

00031576419TRLO0

12

3523

12:16:01

XLON

00031576418TRLO0

71

3529

12:02:23

XLON

00031576094TRLO0

5

3529

12:02:23

XLON

00031576093TRLO0

4

3529

12:02:23

XLON

00031576092TRLO0

104

3523

11:56:08

XLON

00031575866TRLO0

292

3529

11:33:32

XLON

00031575135TRLO0

108

3530

11:33:30

XLON

00031575133TRLO0

23

3534

11:28:29

XLON

00031575023TRLO0

100

3533

11:28:23

XLON

00031575020TRLO0

101

3533

11:00:29

XLON

00031574138TRLO0

8

3533

11:00:29

XLON

00031574137TRLO0

29

3539

10:50:23

XLON

00031573825TRLO0

46

3539

10:50:23

XLON

00031573824TRLO0

32

3539

10:50:23

XLON

00031573823TRLO0

72

3546

10:46:31

XLON

00031573691TRLO0

59

3546

10:46:31

XLON

00031573690TRLO0

52

3546

10:46:31

XLON

00031573689TRLO0

79

3546

10:46:31

XLON

00031573688TRLO0

40

3545

10:22:01

XLON

00031573027TRLO0

52

3545

10:22:01

XLON

00031573026TRLO0

13

3534

10:21:25

XLON

00031573015TRLO0

100

3534

10:21:25

XLON

00031573014TRLO0

80

3535

10:21:25

XLON

00031573013TRLO0

21

3526

10:02:45

XLON

00031572460TRLO0

88

3526

10:02:45

XLON

00031572459TRLO0

80

3527

10:02:45

XLON

00031572451TRLO0

49

3527

09:51:25

XLON

00031572112TRLO0

31

3527

09:51:25

XLON

00031572111TRLO0

42

3531

09:50:35

XLON

00031572056TRLO0

23

3531

09:50:35

XLON

00031572055TRLO0

26

3531

09:50:35

XLON

00031572054TRLO0

98

3531

09:50:35

XLON

00031572053TRLO0

59

3531

09:50:35

XLON

00031572052TRLO0

60

3524

09:36:58

XLON

00031571547TRLO0

40

3524

09:36:58

XLON

00031571546TRLO0

23

3525

09:36:58

XLON

00031571545TRLO0

57

3525

09:36:58

XLON

00031571544TRLO0

50

3517

09:24:50

XLON

00031571196TRLO0

100

3517

09:24:50

XLON

00031571195TRLO0

40

3517

09:24:50

XLON

00031571194TRLO0

85

3506

09:10:47

XLON

00031570885TRLO0

99

3506

09:10:47

XLON

00031570884TRLO0

86

3512

08:57:42

XLON

00031570553TRLO0

4

3527

08:53:11

XLON

00031570431TRLO0

 

Name of authorised official of issuer responsible for making notification:

Kate Bennett Rea, Group 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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