London, 25 March
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
|
12,500
|
|
Average price paid per Share
(rounded to two decimal points)
|
£48.31
|
|
Date of transaction
|
22 March 2024
|
|
Settlement date of
transaction
|
26 March 2024
|
|
Number of Shares held by the Trust
following settlement of the above transaction
|
361,005
|
|
Number of Shares allocated to
existing awards
|
337,382
|
|
Percentage of the Group's issued
share capital (rounded to two decimal points)
|
0.79%
|
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 1,365,269 Shares, representing approximately 2.99% 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 (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