29 Nov 2016 15:48
London, 29 November 2016
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
BGEO Group PLC was notified today, 29 November 2016, that Avtandil (Avto) Namicheishvili and Nikoloz Gamkrelidze, each a Person Discharging Managerial Responsibility (PDMR), had sold BGEO Group PLC ordinary shares.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA") | ||
a) | Name | Avtandil (Avto) Namicheishvili | |
b) | Position / status | PDMR (Group General Counsel) | |
c) | Initial notification / amendment | initial notification | |
2. | DETAILS OF THE ISSUER | ||
BGEO GROUP PLC | |||
3. | DETAILS OF THE TRANSACTION(S) | ||
a) | Description of the financial instrument | ordinary shares of £0.01 each ISIN: GB00B759CR16 | |
c) | Nature of interest | personally | |
d) | Nature of the transaction | sale of ordinary shares | |
e) | Dates of the transactions | 24/11/2016 25/11/2016 28/11/2016 | |
f) | Place of the transaction | London Stock Exchange | |
g) | Price(s) and volume(s) | Price(s) | Volume(s) |
£30.7516 | 10,027 | ||
£30.8037 | 11,486 | ||
£30.5000 | 5,331 | ||
h) | Aggregated information Aggregated volume Price | In total, 26,884 ordinary shares were sold at average price per ordinary share of £30.7239, resulting in an aggregated volume price of £824,753.09. | |
1. | DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA") | ||
a) | Name | Nikoloz Gamkrelidze | |
b) | Position / status | PDMR (CEO of Georgia Healthcare Group PLC) | |
c) | Initial notification / amendment | initial notification | |
2. | DETAILS OF THE ISSUER | ||
BGEO GROUP PLC | |||
3. | DETAILS OF THE TRANSACTION(S) | ||
a) | Description of the financial instrument | ordinary shares of £0.01 each ISIN: GB00B759CR16 | |
c) | Nature of interest | personally | |
d) | Nature of the transaction | sale of ordinary shares | |
e) | Dates of the transactions | 25/11/2016 28/11/2016
| |
f) | Place of the transaction | London Stock Exchange | |
g) | Price(s) and volume(s) | Price(s) | Volume(s) |
£30.80 | 4,400 | ||
£30.50 | 2,600 | ||
h) | Aggregated information Aggregated volume Price | In total, 7,000 ordinary shares were sold at average price per ordinary share of £30.6886, resulting in an aggregated volume price of £214,820.00 | |
Name of authorised official of issuer responsible for making notification:
Kate Bennett Rea, Group Company Secretary
Bank Of Georgia Group (BGEO)