Director/PDMR Shareholding

RNS Number : 5511W
Bank of Georgia Group PLC
18 April 2019
 

 

 

 

London, 18 April 2019

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

 

Bank of Georgia Group PLC (the Group) announces the grant of nil cost options over ordinary shares of the Group (the Shares) by Sanne Fiduciary Services Limited (Sanne) acting as trustee of the Rubicon Executive Equity Compensation Trust (the Trust) in respect of the 2018 work year to persons discharging managerial responsibilities (PDMRs).

 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Tsiklauri

2.

Reason for the notification

a)

Position / status

CFO

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)

a)

Description of the financial instrument, type of instrument

 

Identification Code

nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC

 

 

N/A

b)

Nature of the transaction

Grant of nil-cost options in respect of deferred ordinary shares pursuant to the executive equity compensation plan.  

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

30,000

d)

Aggregated information

-      Volume

-      Price

-      Total

N/A

e)

Date of the transaction

15 April 2019

f)

Place of the transaction

Outside of a trading venue

 

Name of authorised official of issuer responsible for making notification: 

Link Company Matters Limited, Company Secretary

 

 

About Bank of Georgia Group PLC

 

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services, b) corporate investment banking and wealth management operations and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the leading universal bank in Georgia, is the core entity of the Group. The Group targets to benefit from superior growth of the Georgian economy through both its retail banking and corporate investment banking services and aims to deliver on its strategy, which is based on at least 20% ROAE and 15-20% growth of its loan book

 

 

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



Fitch Ratings

'BB-/B'

Moody's

'Ba3/NP' (FC) & 'Ba2/NP' (LC)

 

For further information, please visit www.bankofgeorgiagroup.com or contact:

 

Archil Gachechiladze

Michael Oliver

Natia Kalandarishvili

Group CEO

Adviser to the CEO

Head of Investor Relations

+995 322 444 144

+44 203 178 4034

+995 322 444 444 (9282)

agachechiladze@bog.ge

moliver@bgeo.com

ir@bog.ge

 

 

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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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