London, 16 July
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
|
22,874
|
Average price paid per Share
(rounded to two decimal points)
|
£43.27
|
Date of transaction
|
12 July 2024
|
Settlement date of
transaction
|
16 July 2024
|
Number of Shares held by the Trust
following settlement of the above transaction
|
444,919
|
Number of Shares allocated to
existing awards
|
251,942
|
Percentage of the Group's issued
share capital (rounded to two decimal points)
|
0.99%
|
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 1,441,304 Shares, representing approximately 3.21% 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