Director/PDMR Shareholding

RNS Number : 2952Z

Bank of Georgia Holdings PLC

09 December 2014

 

London, 9 December 2014

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

Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN) was notified today that Alasdair Breach, a PDMR, acquired 2,121 ordinary shares (BGH Shares) of the Company today at a purchase price of £20.64 per BGH Share.

Following the acquisition today, Mr Breach holds 16,400 BGH Shares in his personal capacity representing approximately 0.05% of the issued share capital of the Company. Gemsstock Fund, which Mr Breach manages, continues to hold 20,000 BGH Shares.

This notice is given in fulfillment of the obligation under DTR 3.1.4 R (1) (a).

Name of authorised official of issuer responsible for making notification:

Kate Bennett Rea, Company Secretary

About Bank of Georgia Holdings PLC

Bank of Georgia Holdings PLC is a UK-incorporated holding company of Bank of Georgia. Bank of Georgia is the leading Georgian bank, based on total assets (with a 31.6% market share) and total loans (with a 32.0% market share) as of 30 September 2014, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia. The Bank offers a broad range of corporate banking, retail banking, investment management, insurance and healthcare services to its clients. As of 30 September 2014, the Bank served approximately 1.4 million client accounts through one of the largest distribution networks in Georgia, with 217 branches, the country's largest ATM network, comprising 521 ATMs, 2,217 Express pay (self-service) terminals and a full-service remote banking platform and a modern call center.

Bank of Georgia has, as of the date hereof, the following credit ratings:

Standard & Poor's	'BB-/B'
Fitch Ratings	'BB-/B'
Moody's	'B1/NP' (FC) & 'Ba3/NP' (LC)

For further information, please visit www.bogh.co.uk: 

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

 

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