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17 Jun 2024 15:46
London, 17 June 2024
Bank of Georgia Group PLC announces market purchase of shares for its Employee Benefit Trust
Bank of Georgia Group PLC (the "Group") was notified by Apex Group Fiduciary Services Limited ("Apex"), acting as trustee as below, that Apex, through an independent broker, carried out the following purchase in the Group's ordinary shares with a nominal value of £0.01 each ("Shares") on the London Stock Exchange:
Apex Fiduciary Services Limited acting as trustee of the BOG Group Employee Trust: | |
Number of Shares acquired | 17,500 |
Average price paid per Share (rounded to two decimal points) | £37.31 |
Date of transaction | 14 June 2024 |
Settlement date of transaction | 18 June 2024 |
Number of Shares held by the Trust following settlement of the above transaction | 422,045 |
Number of Shares allocated to existing awards | 176,643 |
Percentage of the Group's issued share capital (rounded to two decimal points) | 0.94% |
BOG Group Employee Trust holds Shares for the purpose of satisfying awards to be awarded to beneficiaries of the trust. The executive directors and persons discharging managerial responsibility of the Group are potential beneficiaries under the trust and are therefore treated as having an interest in such Shares.
For further information, upon settlement of the above transactions, together Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust will hold a total of 1,426,163 Shares, representing approximately 3.17% of the Group's issued ordinary share capital.
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 (LSE: BGEO LN) is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.
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@bgeo.com |
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
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