Last checked at 16 Jun 2017 08:07
London, 16 June 2017
BGEO Group announces Transaction in Own Shares
BGEO Group PLC (BGEO or the Group - LSE: BGEO LN) announces that on 15 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: | 15 June 2017 |
Number of ordinary shares repurchased: | 17,000 |
Highest price paid per ordinary share: | £35.28 |
Lowest price paid per ordinary share: | £34.61 |
Volume-weighted average price paid per ordinary share: | £34.95 |
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 39,422,320 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: | 15 June 2017 |
Number of ordinary shares purchased: Volume weighted average price (pence): | 17,000 3495 |
Individual transactions:
Number of sharespurchased | Transaction price(per share) | Time of transaction | Platform |
11 | 3528 | 15:05:59 | JPMX |
79 | 3527 | 15:07:24 | XLON |
87 | 3525 | 16:22:24 | XLON |
79 | 3524 | 15:06:37 | XLON |
100 | 3524 | 16:20:59 | XLON |
11 | 3524 | 16:20:59 | XLON |
120 | 3523 | 15:04:32 | JPMX |
100 | 3523 | 15:08:19 | XLON |
11 | 3523 | 15:08:19 | XLON |
41 | 3523 | 16:21:34 | XLON |
38 | 3523 | 16:21:34 | XLON |
26 | 3523 | 16:21:59 | XLON |
54 | 3523 | 16:21:59 | XLON |
87 | 3523 | 16:22:27 | XLON |
79 | 3523 | 16:24:26 | XLON |
100 | 3523 | 16:25:35 | XLON |
11 | 3523 | 16:25:35 | XLON |
8 | 3523 | 16:29:55 | XLON |
38 | 3522 | 16:23:44 | XLON |
48 | 3522 | 16:23:44 | XLON |
1 | 3522 | 16:23:44 | XLON |
47 | 3522 | 16:24:11 | XLON |
34 | 3522 | 16:24:11 | XLON |
6 | 3522 | 16:24:11 | XLON |
95 | 3522 | 16:25:05 | XLON |
22 | 3522 | 16:29:55 | BATE |
53 | 3521 | 15:03:21 | JPMX |
12 | 3521 | 15:08:12 | BATE |
74 | 3521 | 16:23:19 | XLON |
5 | 3521 | 16:23:19 | XLON |
42 | 3521 | 16:26:43 | XLON |
77 | 3521 | 16:26:43 | XLON |
111 | 3521 | 16:28:16 | JPMX |
14 | 3521 | 16:28:50 | JPMX |
40 | 3521 | 16:28:50 | XLON |
49 | 3521 | 16:28:50 | XLON |
2 | 3521 | 16:29:22 | XLON |
74 | 3521 | 16:29:22 | XLON |
19 | 3521 | 16:29:22 | XLON |
8 | 3521 | 16:29:55 | BATE |
10 | 3520.5 | 16:25:00 | JPMX |
58 | 3520 | 16:25:54 | XLON |
30 | 3520 | 16:25:54 | XLON |
23 | 3520 | 16:25:54 | XLON |
10 | 3519 | 15:04:06 | JPMX |
83 | 3519 | 16:26:53 | XLON |
102 | 3519 | 16:26:53 | XLON |
33 | 3519 | 16:29:28 | XLON |
20 | 3519 | 16:29:31 | XLON |
34 | 3519 | 16:29:31 | XLON |
95 | 3518 | 15:08:53 | XLON |
42 | 3517 | 16:19:02 | XLON |
37 | 3517 | 16:19:02 | XLON |
87 | 3517 | 16:20:00 | XLON |
52 | 3517 | 16:20:28 | XLON |
40 | 3517 | 16:20:28 | XLON |
3 | 3517 | 16:20:28 | XLON |
28 | 3516 | 16:15:59 | XLON |
14 | 3515 | 16:16:26 | JPMX |
83 | 3515 | 16:19:16 | XLON |
9 | 3515 | 16:19:16 | XLON |
108 | 3514 | 15:09:19 | JPMX |
11 | 3514 | 15:09:34 | JPMX |
51 | 3514 | 16:12:09 | XLON |
28 | 3514 | 16:12:09 | XLON |
34 | 3514 | 16:12:39 | XLON |
53 | 3514 | 16:12:39 | XLON |
35 | 3514 | 16:13:11 | XLON |
52 | 3514 | 16:13:11 | XLON |
24 | 3514 | 16:13:11 | XLON |
25 | 3514 | 16:16:26 | XLON |
8 | 3514 | 16:16:26 | XLON |
62 | 3514 | 16:16:26 | XLON |
4 | 3514 | 16:19:21 | XLON |
42 | 3513 | 16:18:33 | XLON |
45 | 3513 | 16:18:33 | XLON |
95 | 3512 | 16:13:22 | XLON |
57 | 3512 | 16:14:27 | XLON |
62 | 3512 | 16:14:27 | XLON |
51 | 3512 | 16:15:10 | XLON |
42 | 3512 | 16:15:10 | XLON |
26 | 3512 | 16:15:10 | XLON |
45 | 3512 | 16:15:53 | XLON |
66 | 3512 | 16:15:53 | XLON |
42 | 3512 | 16:17:27 | XLON |
60 | 3512 | 16:17:27 | XLON |
1 | 3512 | 16:17:27 | XLON |
42 | 3512 | 16:18:06 | XLON |
37 | 3512 | 16:18:06 | XLON |
16 | 3511.75 | 15:00:34 | JPMX |
174 | 3511 | 15:10:52 | XLON |
45 | 3511 | 16:08:31 | XLON |
50 | 3511 | 16:08:31 | XLON |
23 | 3511 | 16:17:13 | JPMX |
12 | 3510.5 | 16:17:38 | JPMX |
1 | 3510 | 15:12:25 | XLON |
79 | 3510 | 15:13:17 | XLON |
47 | 3510 | 16:05:59 | XLON |
64 | 3510 | 16:05:59 | XLON |
49 | 3510 | 16:06:46 | XLON |
38 | 3510 | 16:06:46 | XLON |
42 | 3510 | 16:09:09 | XLON |
34 | 3510 | 16:09:09 | XLON |
3 | 3510 | 16:09:09 | XLON |
42 | 3510 | 16:09:41 | XLON |
49 | 3510 | 16:09:41 | XLON |
4 | 3510 | 16:09:41 | XLON |
11 | 3510 | 16:09:45 | JPMX |
42 | 3510 | 16:10:59 | XLON |
52 | 3510 | 16:10:59 | XLON |
49 | 3510 | 16:10:59 | XLON |
15 | 3510 | 16:10:59 | XLON |
11 | 3509.5 | 15:19:38 | JPMX |
10 | 3509 | 15:10:55 | XLON |
103 | 3509 | 15:10:55 | XLON |
26 | 3509 | 15:10:55 | XLON |
42 | 3509 | 16:07:53 | XLON |
50 | 3509 | 16:07:53 | XLON |
23 | 3508.5 | 16:10:33 | JPMX |
87 | 3508 | 15:13:21 | XLON |
87 | 3508 | 15:20:10 | XLON |
80 | 3508 | 15:21:58 | XLON |
20 | 3508 | 15:23:47 | XLON |
52 | 3508 | 15:23:47 | XLON |
39 | 3508 | 15:23:47 | XLON |
53 | 3508 | 16:05:24 | XLON |
29 | 3508 | 16:05:24 | XLON |
113 | 3507.5 | 15:00:59 | JPMX |
88 | 3507 | 15:13:21 | XLON |
23 | 3507 | 15:13:21 | XLON |
39 | 3507 | 16:09:58 | XLON |
56 | 3507 | 16:09:58 | XLON |
10 | 3506 | 15:20:46 | JPMX |
111 | 3506 | 15:22:06 | JPMX |
27 | 3505 | 15:17:39 | XLON |
42 | 3505 | 15:17:39 | XLON |
31 | 3505 | 15:17:39 | XLON |
12 | 3505 | 15:24:39 | JPMX |
17 | 3504.5 | 16:07:13 | JPMX |
58 | 3504.25 | 16:07:13 | JPMX |
79 | 3504 | 15:24:51 | XLON |
3 | 3504 | 15:24:51 | XLON |
79 | 3504 | 16:01:13 | XLON |
79 | 3504 | 16:04:12 | XLON |
87 | 3502.5 | 16:04:38 | JPMX |
63 | 3502 | 15:14:34 | XLON |
98 | 3502 | 15:15:59 | XLON |
45 | 3502 | 16:03:37 | XLON |
34 | 3502 | 16:03:37 | XLON |
15 | 3501.5 | 15:14:34 | JPMX |
11 | 3501.5 | 15:15:59 | JPMX |
80 | 3501 | 15:00:16 | TRQX |
45 | 3501 | 16:01:48 | XLON |
34 | 3501 | 16:01:48 | XLON |
11 | 3501 | 16:03:04 | JPMX |
99 | 3500 | 15:25:59 | XLON |
31 | 3500 | 15:25:59 | XLON |
28 | 3500 | 15:27:39 | XLON |
99 | 3500 | 15:27:39 | XLON |
20 | 3500 | 15:27:39 | XLON |
61 | 3500 | 15:27:39 | XLON |
80 | 3500 | 15:29:19 | XLON |
9 | 3500 | 15:29:19 | CHIX |
34 | 3500 | 15:29:19 | XLON |
42 | 3500 | 15:29:19 | XLON |
48 | 3500 | 15:29:19 | XLON |
79 | 3500 | 16:02:23 | XLON |
21 | 3500 | 16:02:57 | XLON |
58 | 3500 | 16:02:57 | XLON |
10 | 3499.5 | 15:27:39 | JPMX |
105 | 3499 | 15:16:29 | BATE |
100 | 3499 | 15:25:30 | XLON |
29 | 3499 | 15:25:30 | XLON |
10 | 3498.5 | 16:00:46 | JPMX |
4 | 3498 | 15:25:27 | CHIX |
48 | 3498 | 15:25:27 | CHIX |
3 | 3498 | 15:25:27 | CHIX |
95 | 3498 | 15:29:41 | XLON |
79 | 3497 | 16:00:33 | XLON |
87 | 3496 | 15:30:00 | XLON |
79 | 3496 | 15:59:58 | XLON |
10 | 3494 | 14:59:35 | JPMX |
79 | 3493 | 15:59:23 | XLON |
71 | 3490 | 15:30:59 | XLON |
63 | 3490 | 15:30:59 | XLON |
7 | 3490 | 15:33:38 | TRQX |
55 | 3490 | 15:33:38 | XLON |
8 | 3490 | 15:33:38 | BATE |
25 | 3490 | 15:33:38 | XLON |
46 | 3490 | 15:33:38 | XLON |
11 | 3490 | 15:33:38 | CHIX |
46 | 3490 | 15:34:19 | XLON |
61 | 3490 | 15:34:19 | XLON |
48 | 3490 | 15:34:19 | XLON |
23 | 3490 | 15:34:19 | XLON |
13 | 3489.5 | 15:30:59 | JPMX |
11 | 3489.5 | 15:34:19 | JPMX |
119 | 3489 | 14:59:19 | TRQX |
40 | 3489 | 15:36:58 | XLON |
42 | 3489 | 15:36:58 | XLON |
62 | 3489 | 15:36:58 | XLON |
17 | 3488.5 | 15:36:58 | JPMX |
3 | 3488 | 15:35:30 | XLON |
12 | 3488 | 15:35:30 | XLON |
67 | 3488 | 15:35:30 | XLON |
18 | 3488 | 15:35:30 | XLON |
85 | 3487 | 14:57:46 | XLON |
37 | 3487 | 15:37:54 | XLON |
70 | 3487 | 15:37:54 | XLON |
48 | 3487 | 15:39:19 | XLON |
73 | 3487 | 15:39:19 | XLON |
28 | 3487 | 15:39:19 | XLON |
81 | 3487 | 15:58:13 | JPMX |
69 | 3487 | 15:58:48 | JPMX |
10 | 3487 | 15:58:48 | XLON |
71 | 3485.5 | 14:01:25 | JPMX |
10 | 3485.5 | 14:01:25 | JPMX |
11 | 3485.5 | 14:57:26 | JPMX |
1 | 3485 | 15:37:54 | XLON |
12 | 3485 | 15:37:54 | XLON |
8 | 3485 | 15:37:54 | XLON |
97 | 3485 | 15:37:54 | XLON |
14 | 3485 | 15:40:01 | XLON |
95 | 3485 | 15:40:01 | XLON |
36 | 3484.75 | 14:02:49 | JPMX |
42 | 3484 | 13:50:39 | XLON |
37 | 3484 | 13:50:39 | TRQX |
42 | 3484 | 13:54:11 | XLON |
84 | 3484 | 13:55:44 | XLON |
68 | 3484 | 14:03:30 | JPMX |
25 | 3484 | 14:04:45 | JPMX |
29 | 3484 | 14:05:10 | JPMX |
11 | 3483.5 | 14:06:25 | JPMX |
10 | 3483.5 | 14:06:25 | JPMX |
52 | 3483.5 | 14:08:05 | JPMX |
50 | 3483 | 14:54:00 | TRQX |
29 | 3483 | 14:54:01 | XLON |
81 | 3483 | 15:57:10 | JPMX |
33 | 3482.75 | 14:06:50 | JPMX |
23 | 3482.25 | 14:52:44 | JPMX |
10 | 3482 | 13:54:06 | JPMX |
9 | 3482 | 14:06:50 | XLON |
73 | 3482 | 14:06:50 | XLON |
100 | 3482 | 14:55:59 | XLON |
11 | 3482 | 14:55:59 | XLON |
38 | 3481.5 | 14:54:19 | JPMX |
10 | 3481.5 | 14:54:34 | JPMX |
58 | 3481 | 13:56:25 | XLON |
53 | 3481 | 13:56:25 | XLON |
11 | 3481 | 13:59:30 | JPMX |
25 | 3481 | 14:00:09 | JPMX |
87 | 3481 | 15:49:38 | JPMX |
56 | 3480.5 | 14:52:43 | JPMX |
13 | 3480.5 | 14:55:45 | JPMX |
11 | 3480 | 13:47:26 | JPMX |
10 | 3480 | 13:49:29 | JPMX |
12 | 3479.5 | 15:55:59 | JPMX |
13 | 3479.5 | 15:55:59 | JPMX |
47 | 3479 | 13:36:25 | JPMX |
32 | 3479 | 13:36:25 | XLON |
10 | 3479 | 14:30:46 | JPMX |
79 | 3479 | 15:42:00 | JPMX |
129 | 3479 | 15:42:39 | JPMX |
87 | 3479 | 15:49:45 | XLON |
69 | 3478.75 | 14:49:19 | JPMX |
23 | 3478.75 | 14:49:19 | JPMX |
98 | 3478.5 | 14:49:19 | JPMX |
12 | 3478.5 | 14:50:59 | JPMX |
22 | 3478.5 | 14:50:59 | JPMX |
77 | 3478.5 | 14:50:59 | JPMX |
11 | 3478.5 | 15:42:00 | JPMX |
36 | 3478 | 14:50:59 | JPMX |
10 | 3478 | 14:50:59 | JPMX |
56 | 3478 | 14:52:23 | JPMX |
20 | 3478 | 14:52:39 | JPMX |
13 | 3477.5 | 14:09:45 | JPMX |
64 | 3477.5 | 14:33:35 | JPMX |
26 | 3477.5 | 14:34:02 | JPMX |
10 | 3477 | 13:31:05 | JPMX |
79 | 3477 | 14:26:52 | XLON |
7 | 3477 | 14:26:52 | XLON |
91 | 3477 | 14:33:12 | TRQX |
12 | 3477 | 14:33:12 | TRQX |
79 | 3477 | 14:34:02 | XLON |
45 | 3477 | 14:36:52 | JPMX |
12 | 3477 | 14:36:52 | JPMX |
82 | 3477 | 15:43:48 | XLON |
17 | 3477 | 15:45:59 | JPMX |
42 | 3477 | 15:45:59 | XLON |
68 | 3477 | 15:45:59 | XLON |
37 | 3477 | 15:54:19 | XLON |
56 | 3477 | 15:54:19 | XLON |
34 | 3477 | 15:54:19 | XLON |
50 | 3477 | 15:54:19 | XLON |
5 | 3477 | 15:54:19 | XLON |
36 | 3476.75 | 14:10:10 | JPMX |
110 | 3476.5 | 14:35:43 | JPMX |
51 | 3476.5 | 14:36:53 | JPMX |
12 | 3476.5 | 15:45:59 | JPMX |
82 | 3476.5 | 15:49:53 | JPMX |
42 | 3476 | 14:30:12 | XLON |
45 | 3476 | 14:30:12 | XLON |
90 | 3476 | 14:37:12 | XLON |
58 | 3476 | 15:50:59 | JPMX |
54 | 3476 | 15:50:59 | XLON |
85 | 3475.75 | 14:38:32 | JPMX |
19 | 3475.5 | 13:39:24 | JPMX |
10 | 3475.5 | 13:39:27 | JPMX |
48 | 3475.5 | 14:14:45 | JPMX |
33 | 3475.5 | 14:38:32 | JPMX |
98 | 3475.5 | 14:47:39 | JPMX |
92 | 3475.25 | 15:53:17 | JPMX |
10 | 3475 | 13:40:46 | JPMX |
87 | 3475 | 14:26:55 | XLON |
10 | 3475 | 14:29:31 | JPMX |
103 | 3475 | 14:37:12 | TRQX |
121 | 3475 | 15:44:35 | XLON |
70 | 3475 | 15:47:01 | CHIX |
28 | 3475 | 15:47:01 | CHIX |
87 | 3475 | 15:47:39 | JPMX |
80 | 3475 | 15:53:16 | XLON |
12 | 3474.5 | 14:18:31 | JPMX |
17 | 3474.5 | 14:18:31 | JPMX |
66 | 3474.5 | 14:18:31 | JPMX |
87 | 3474.5 | 14:20:12 | JPMX |
74 | 3474.5 | 14:21:52 | JPMX |
103 | 3474.5 | 14:45:58 | JPMX |
12 | 3474.5 | 15:47:39 | JPMX |
10 | 3474 | 13:27:26 | JPMX |
16 | 3474 | 13:29:24 | JPMX |
37 | 3474 | 13:33:05 | JPMX |
16 | 3474 | 13:34:45 | JPMX |
10 | 3474 | 13:34:45 | JPMX |
15 | 3474 | 13:34:45 | JPMX |
53 | 3474 | 14:16:26 | JPMX |
56 | 3474 | 14:18:06 | JPMX |
17 | 3474 | 14:18:31 | JPMX |
65 | 3474 | 14:20:12 | JPMX |
85 | 3474 | 14:28:42 | XLON |
116 | 3474 | 14:40:12 | JPMX |
114 | 3474 | 14:41:52 | JPMX |
113 | 3474 | 14:43:32 | JPMX |
96 | 3474 | 14:47:03 | JPMX |
102 | 3474 | 15:52:05 | XLON |
53 | 3473.5 | 13:31:34 | JPMX |
6 | 3473.5 | 13:31:34 | JPMX |
103 | 3473 | 14:20:43 | CHIX |
84 | 3473 | 14:23:02 | XLON |
11 | 3473 | 14:23:02 | XLON |
111 | 3473 | 14:46:43 | XLON |
11 | 3472.5 | 14:25:12 | JPMX |
12 | 3472.5 | 14:25:12 | JPMX |
47 | 3472 | 14:11:25 | JPMX |
65 | 3472 | 14:23:32 | JPMX |
48 | 3471 | 14:13:05 | JPMX |
46 | 3469 | 13:30:02 | XLON |
24 | 3469 | 13:30:02 | XLON |
12 | 3469 | 13:30:02 | XLON |
87 | 3466 | 13:17:18 | JPMX |
10 | 3463.5 | 13:22:45 | JPMX |
19 | 3463.5 | 13:24:24 | JPMX |
83 | 3463 | 13:20:19 | CHIX |
119 | 3462 | 13:14:46 | JPMX |
76 | 3461 | 13:21:25 | XLON |
19 | 3461 | 13:21:25 | XLON |
10 | 3460.5 | 13:20:46 | JPMX |
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