RNS Number : 6615H
Bank of Georgia Group PLC
20 March 2024
 

London, 20 March 2024

 

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

 

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

 

Ordinary shares of £0.01 each in Bank of Georgia Group PLC

 

 

 

 

ISIN: GB00BF4HYT85 

b)

Nature of the transaction

 

Exercise of 34,316 nil-cost options over ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

N/A

 

 Volume(s)

  34,316

 

d)

Aggregated information

- Aggregated volume

- Price

 

Exercise of 34,316 nil-cost options over ordinary shares.

 

Please note that 7,413 ordinary shares were withheld to meet tax liabilities, resulting in Zurab Kokosadze receiving 26,903 ordinary shares.

e)

Date of the transaction

 

18 March 2024

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

 

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