5 Jan 2023 16:30
London, 5 January 2023
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
| Archil Gachechiladze | |
2 | Reason for the notification
| ||
a) | Position/status
| PDMR, CEO | |
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
| Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year. | |
c) | Price(s) and volume(s)
| Price(s)
n/a | Volume(s)
71,694 |
d) | Aggregated information - Aggregated volume - Price
| Grant of 71,694 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan. | |
e) | Date of the transaction
| 3 January 2023 | |
f) | Place of the transaction
| Outside of a trading venue | |
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
| Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year. | |
c) | Price(s) and volume(s)
| Price(s)
n/a | Volume(s)
33,457 |
d) | Aggregated information - Aggregated volume - Price
| Grant of 33,457 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan. | |
e) | Date of the transaction
| 3 January 2023 | |
f) | Place of the transaction
| Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||
a) | Name
| Zurab Kokosadze | |
2 | Reason for the notification
| ||
a) | Position/status
| PDMR, Deputy CEO, Corporate Banking | |
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
| Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year. | |
c) | Price(s) and volume(s)
| Price(s)
n/a | Volume(s)
19,118 |
d) | Aggregated information - Aggregated volume - Price
| Grant of 19,118 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan. | |
e) | Date of the transaction
| 3 January 2023 | |
f) | Place of the transaction
| Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated
| ||
a) | Name
| Nutsa Gogilashvili | |
2 | Reason for the notification
| ||
a) | Position/status
| PDMR, Deputy CEO, Head of Mass Retail and Micro Business Banking | |
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
| Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year. | |
c) | Price(s) and volume(s)
| Price(s)
n/a | Volume(s)
19,118 |
d) | Aggregated information - Aggregated volume - Price
| Grant of 19,118 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan. | |
e) | Date of the transaction
| 3 January 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
Bank Of Georgia Group (BGEO)