7 Apr 2016 17:37
London, 7 April 2016
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
The Board of GHG Group PLC (GHG) announces the grant on 7 April 2016 of discretionary deferred share compensation awards in respect of 2015 performance in the form of nil-cost options over ordinary shares of GHG (GHG Shares) to persons discharging managerial responsibility (PDMRs). The awards were made for nil consideration.
Discretionary deferred share compensation is dependent on both Group performance and the PDMR achieving his or her key performance indicators. The awards to the PDMRs listed directly below are granted under and are subject to the terms of the PDMRs' service contracts and will vest over a three-year period (33.33% will vest on 1 January 2017, 33.33% will vest on 1 January 2018 and 33.33% will vest on 1 January 2019).
Name | Number of GHG Shares in respect of discretionary deferred compensation |
Nikoloz Gamkrelidze | 237,500 |
David Vakhtangishvili | 98,000 |
Giorgi Mindiashvili | 92,000 |
Irakli Gogia | 91,000 |
Nino Koguashvili | 15,000 |
Nino Kortua | 15,000 |
Otar Lortkipanidze | 10,000 |
Medea Chkhaidze | 5,000 |
Manana Khurtsilava | 2,000 |
This notice is given in fulfilment of the obligation under DTR3.1.4 (1)(a)R.
Name of authorised official of issuer responsible for making notification:
Gurbinder Hodges
Company Secretary
About Georgia Healthcare Group PLC
Georgia Healthcare Group PLC is a UK incorporated holding company of the largest healthcare services provider in the fast-growing, predominantly privately-owned, Georgian healthcare services market. GHG's leadership position is underpinned by offering the most comprehensive range of inpatient and outpatient services targeting the mass market segment through its vertically integrated network of 35 hospitals and ten ambulatory clinics, as at 31 December 2015. GHG is the single largest market participant, accounting for 26.6% of total hospital bed capacity in the country as of 31 December 2015. GHG is also the largest provider of medical insurance in Georgia with a 38.4% market share based on net insurance premiums earned and approximately 234,000 insurance customers as at 31 December 2015. GHG employed a total of c.9,700 people as at 31 December 2015, including 2,705 physicians
For further information, please visit www.ghg.com.ge or contact:
Nikoloz Gamkrelidze | David Vakhtangishvili | Ekaterina (Eka) Shavgulidze |
CEO | CFO | Head of Investor Relations |
+995 322 550505 (5077) | +995 322 550505 (4810) | +995 322 444 205 |
ngamkrelidze@ghg.com.ge | dvakhtangishvili@ghg.com.ge | ir@ghg.com.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