Information  X 
Enter a valid email address

JSC Bank of Georgia (BGEO)

  Print      Mail a friend

Friday 13 July, 2007

JSC Bank of Georgia

Director/PDMR Shareholding

Bank of Georgia
                  

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

JSC Bank of Georgia hereby announces that in accordance with DTR3.4, it has
received a notification pursuant to DTR3.1.2, dated 12 July 2007, from Lado
Gurgenidze, Chairman of the Supervisory Board, indicating that he received
13,889 Bank of Georgia common shares on 2 July 2007 in Tbilisi, Georgia,
pursuant to the three-year service agreement (the 'Service Agreement') entered
into by Mr. Gurgenidze and Bank of Georgia on 20 August 2004 and expiring on 30
September 2007. Pursuant to the terms of the Service Agreement, 13,889 Bank of
Georgia common shares vest on a monthly basis. The market price on 2 July 2007
was GEL 70.3 per share.