Source - RNS
RNS Number : 6538Q
Bank of Georgia Group PLC
20 February 2019
 

London, 20 February 2019

 

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

 David Tsiklauri

2.

Reason for the notification

a)

Position / status

 PDMR, Chief Financial Officer

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

 

 

 

 

GB00BF4HYT85

b)

Nature of the transaction

Exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

 29,833









d)

Aggregated information

29,833 nil-cost options exercised.

A total of 5,967 ordinary shares were withheld to meet tax liabilities, resulting in Mr Tsiklauri receiving 23,866 ordinary shares.


Aggregated volume

 



Aggregated price





e)

Dates of the transaction

19 February 2019

f)

 

Place of the transaction

London Stock Exchange (XLON)






 

Name of authorised official of issuer responsible for making notification: 

Link Company Matters Limited, Company Secretary

 

 


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