Business

Cancellation of own shares

Cancellation of own shares.

articleLion Finance Group PlcJuly 22, 20243/company/bank-of-georgia-group-plc/news/cancellation-of-own-shares
Cancellation of own shares

About this update from Lion Finance Group Plc

[{"type":"text","content":"\n\n\n \nLondon, 22 July 2024\n \nBank of Georgia Group PLC announces cancellation of shares under the buyback programme\n \nBank of Georgia Group PLC (the \"Company\"- LSE: BGEO LN) announces that the Company has cancelled 157,963 treasury shares bought back under the GEL 100 million share buyback and cancellation programme which was announced on 15 March 2024 as an extension of the GEL 62 million share buyback and cancellation programme announced on 17 August 2023 (the \"Buyback Programme\").\n \nThe Company has completed the GEL 162 million Buyback Programme. Since the launch of the Buyback Programme the Company has purchased 1,087,740 ordinary shares. All the treasury shares purchased in the Buyback Programme have now been cancelled.\n \nIn accordance with Listing Rule 12.6.4, the Group discloses the following information:\n \n\n\n\n\nDate of cancellation\n\n\n22 July 2024\n\n\n\n\nNumber of ordinary shares held in treasury cancelled\n\n\n157,963\n\n\n\n\nTotal number of ordinary shares held in treasury following the cancellation.\n \n\n\n0\n\n\n\n\nTotal number of voting rights in issue following the cancellation.\n \n(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).\n\n\n44,826,983\n\n\n\n\n \n \nFor further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450\n               \nName of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary\n \nAbout Bank of Georgia Group PLC\nBank 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 stakehol...

More updates from Lion Finance Group Plc