Last checked at 22 Jun 2023 12:49
London, 22 June 2023
Bank of Georgia Group PLC announces completion of buyback programme and cancellation of shares
Bank of Georgia Group PLC (the "Company"- LSE: BGEO LN) announces that the Company has cancelled 422,269 treasury shares bought back under the GEL 148 million share buyback and cancellation programme which was announced on 16 February 2023, as an extension of the GEL 72.7 million share buyback and cancellation programme announced on 30 June 2022 and further extended by GEL 40 million as announced on 16 August 2022 (the "Buyback Programme").
The Company has completed the GEL 260.7 million Buyback Programme. Since the launch of the Buyback Programme the Company has purchased 3,254,705 ordinary shares. All of the treasury shares purchased in the Buyback Programme have now been cancelled.
In accordance with Listing Rule 12.6.4, the Group discloses the following information:
Date of cancellation | 22 June 2023 |
Number of ordinary shares held in treasury cancelled | 422,269 |
Total number of ordinary shares held in treasury following the cancellation.
| 0 |
Total number of voting rights in issue following the cancellation.
(This figure may 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, the Company under the FCA's Disclosure Guidance and Transparency Rules).
| 45,914,723 |
For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450
Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary
About Bank of Georgia Group PLC
Bank of Georgia Group PLC (the 'Company' - LSE: BGEO LN) is a FTSE-250 company. Its core entity is JSC Bank of Georgia ('Bank of Georgia', 'BOG', or the 'Bank'), a digital banking leader in Georgia that provides a suite of banking and financial services to retail clients and businesses. By building on its competitive strengths, the Group is committed to delivering strong profitability sustainably and maximising shareholder value.
Legal Entity Identifier: 213800XKDG12NQG8VC53
For further information, please visit www.bankofgeorgiagroup.com or contact:
Michael Oliver | Nini Arshakuni |
Adviser to the CEO | Head of Investor Relations |
+44 203 178 4034 | +995 322 444 444 (7515) |
moliver@bgeo.com | ir@bog.ge |
This 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