TIDMBGEO

RNS Number : 2726X

Bank of Georgia Group PLC

24 April 2023

London, 24 April 2023

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 GBP0.01 each ("Shares") on the London Stock Exchange:

 
 Apex Fiduciary Services Limited acting as trustee of the 
  BOG Group Employee Trust: 
 Number of Shares acquired                                  16,000 
                                                           -------------- 
 Average price paid per Share (rounded to two decimal       GBP28.38 
  points) 
                                                           -------------- 
 Date of transaction                                        21 April 2023 
                                                           -------------- 
 Settlement date of transaction                             25 April 2023 
                                                           -------------- 
 Number of Shares held by the Trust following settlement 
  of the above transaction                                  509,419 
                                                           -------------- 
 Number of Shares allocated to existing awards              156,914 
                                                           -------------- 
 Percentage of the Group's issued share capital 
  (rounded to two decimal points)                           1.08% 
                                                           --------------

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 1,825,976 Shares, representing approximately 3.88% 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    Head of Investor 
  CEO               Relations 
                   +995 322 444 444 
 +44 203 178 4034   (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

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