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18 Apr 2019 07:00
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) |
| ||||
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
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