Director/PDMR Shareholding

Bank of Georgia Group PLC

23 May 2023

 

London, 23 May 2023

Bank of Georgia Group PLC announces notification of transactions of Directors/Persons Discharging Managerial Responsibly and Connected Persons

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Zurab Kokosadze
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Exercise of 35,978 nil-cost options over ordinary shares
c)	Price(s) and volume(s)	Price(s) N/A	Volume(s)  35,978
d)	Aggregated information - Aggregated volume - Price	Exercise of 35,978 nil-cost options over ordinary shares. Please note that 7,772 ordinary shares were withheld to meet tax liabilities, resulting in Zurab Kokosadze receiving 28,206 ordinary shares
e)	Date of the transaction	19 May 2023
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gemsstock Limited, PCA of Alasdair Breach
2	Reason for the notification
a)	Position/status	PCA of Alasdair Breach
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Disposal by Gemsstock Limited as investment manager to Gemsstock Master Fund and Gemsstock CAV Master LP.
c)	Price(s) and volume(s)	Price(s) 33.50	Volume(s)  4,821
d)	Aggregated information - Aggregated volume - Price	4,821 ordinary shares were sold at an average price per ordinary share of £33.50 on 19 May 2023 resulting in an aggregate price of £161,503.50.
e)	Date of the transaction	19/05/2023
f)	Place of the transaction	XLON CCEU BATP CHIX AQXE CBOE LSE Turquoise

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 CEO	Head of Investor Relations
[phone]	[phone] (7515)
[e-mail]	[e-mail]

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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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