Director/PDMR Shareholding

RNS Number : 9787W

Bank of Georgia Holdings PLC

01 February 2013

London, 1 February 2013

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

The Board of Bank of Georgia Holdings plc (BGH) was notified on 31 January 2013 by the trustee that the awards in the form of nil cost options in respect of ordinary shares of BGH (Shares) were granted to the PDMRs listed below on the same day under JSC Bank of Georgia's (Bank or Bank of Georgia) senior executive equity compensation policy established in 2010 for the chief executive officer and top executives of the Bank of Georgia group (SEECP), in accordance with the wishes of Bank of Georgia board.

The grants of nil cost options in respect of BGH Shares for the year 2012 are subject to a four-year vesting period and to the executive's continuous employment. 20% of each award listed below will vest on 1 January 2014, 1 January 2015 and 1 January 2016, with the remaining 40% vesting on 1 January 2017. The equity compensation policy envisages no cash bonuses to be paid to the participating executives.

Details of the grants of the nil costs options in respect of BGH Shares for the PDMRs participating in the SEECP are set out directly below:

Name of PDMR	Number of Shares Granted
Irakli Gilauri	90,000
Archil Gachechiladze	30,000
Avto Namicheishvili	30,000
Vasil Revishvili	30,000
Irakli Burdiladze	25,000
Mikheil Gomarteli	25,000
Murtaz Kikoria	25,000
Sulkhan Gvalia	25,000
Nikoloz Gamkrelidze	25,000