26 May 2023 15:01
London, 26 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
| Sulkhan Gvalia | |
2 | Reason for the notification
| ||
a) | Position/status
| PDMR, Deputy CEO, 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): 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 13,690 nil-cost options over ordinary shares | |
c) | Price(s) and volume(s)
| Price(s) N/A
| Volume(s) 13,690
|
d) | Aggregated information - Aggregated volume - Price
| Exercise of 13,690 nil-cost options over ordinary shares.
Please note that 2,957 ordinary shares were withheld to meet tax liabilities, resulting in Sulkhan Gvalia receiving 10,733 ordinary shares. | |
e) | Date of the transaction
| 25 May 2023 | |
f) | Place of the transaction
| Outside of a trading venue | |
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 |
+44 203 178 4034 | +995 322 444 444 (7515) |
moliver@bgeo.com | ir@bog.ge |
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
Bank Of Georgia Group (BGEO)