London, 6 June 2022
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 discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. 40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
| ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 90,970 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 31 May 2022 | ||||||||
| 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, Deputy CEO, 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 discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. 40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period. | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 40,490 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 31 May 2022 | ||||||||
| 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 discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. 40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
| ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 35,735 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 31 May 2022 | ||||||||
| f)
| Place of the transaction | Outside of a trading venue | ||||||||
| | | | | | ||||||
| 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 | ||||||||
| 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 discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. 40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period. | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 25,496 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 31 May 2022 | ||||||||
| 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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