REG - Bank of Georgia Grp - Director/PDMR Shareholding
RNS Number : 7398YBank of Georgia Group PLC03 January 2020London, 3 January 2020
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
The notification set out below is 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
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
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
25% of the salary shares will vest in each of the second, third, fourth and fifth anniversary of the start of the work year, subject to the terms of his service agreement.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
75,000
d)
Aggregated information
Aggregated volume
Grant of 75,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
Aggregated price
e)
Dates of the transaction
2 January 2020
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, 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
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
25% of the salary shares will vest in each of the second, third, fourth and fifth anniversary of the start of the work year, subject to the terms of his service agreement.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
25,000
d)
Aggregated information
Aggregated volume
Grant of 25,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
Aggregated price
e)
Dates of the transaction
2 January 2020
f)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mikheil Gomarteli
2.
Reason for the notification
a)
Position / status
PDMR, Deputy 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
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
25% of the salary shares will vest in each of the second, third, fourth and fifth anniversary of the start of the work year, subject to the terms of his service agreement.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
45,000
d)
Aggregated information
Aggregated volume
Grant of 45,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
Aggregated price
e)
Dates of the transaction
2 January 2020
f)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Giorgi Pailodze
2.
Reason for the notification
a)
Position / status
PDMR, Deputy 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
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
25% of the salary shares will vest in each of the second, third, fourth and fifth anniversary of the start of the work year, subject to the terms of his service agreement.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
n/a
20,000
d)
Aggregated information
Aggregated volume
Grant of 20,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2020 work year pursuant to the executive equity compensation plan.
Aggregated price
e)
Dates of the transaction
2 January 2020
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHZXLFBBFLZBBL
Recent news on Bank of Georgia
See all newsREG - Bank of Georgia Grp - Transaction in Own Shares
AnnouncementREG - Bank of Georgia Grp - Transaction in Own Shares
AnnouncementREG - Bank of Georgia Grp - Transaction in Own Shares
AnnouncementREG - Bank of Georgia Grp - Transaction in Own Shares
AnnouncementREG - Bank of Georgia Grp - Transaction in Own Shares
Announcement