Source - LSE Regulatory
RNS Number : 6794K
Bank of Georgia Group PLC
05 January 2021
 

London, 5 January 2021

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 2021 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 2021 work year pursuant to the executive equity compensation plan.


Aggregated price





e)

Dates of the transaction

4 January 2021

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 2021 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

35,000



d)

Aggregated information



Aggregated volume

 

Grant of 35,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan.


Aggregated price





e)

Dates of the transaction

4 January 2021

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 2021 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

35,000



d)

Aggregated information



Aggregated volume

 

Grant of 35,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan.


Aggregated price





e)

Dates of the transaction

4 January 2021

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 2021 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 2021 work year pursuant to the executive equity compensation plan.


Aggregated price





e)

Dates of the transaction

4 January 2021

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 

 

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