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) |
| ||||||||
| 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) |
| ||||||||
| 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) |
| ||||||||
| 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) |
| ||||||||
| 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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
