London, 9 September 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 UK 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 2022 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
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| c) | Price(s) and volume(s) |
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| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 106,034 nil-cost options over ordinary shares in respect of deferred salary shares for the 2022 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 8 September 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 deferred salary shares for the 2022 work year pursuant to the executive equity compensation plan.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
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| c) | Price(s) and volume(s) |
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| d) | Aggregated information | | ||||||||
| | Aggregated volume | Grant of 49,483 nil-cost options over ordinary shares in respect of deferred salary shares for the 2022 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 8 September 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, 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
| 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 2022 work year pursuant to the executive equity compensation plan. 100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
| ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information | | ||||||||
| | Aggregated volume
| Grant of 28,276 nil-cost options over ordinary shares in respect of deferred salary shares for the 2022 work year pursuant to the executive equity compensation plan. | ||||||||
| | Aggregated price | | ||||||||
| | | | ||||||||
| e) | Dates of the transaction | 8 September 2022 | ||||||||
| f) | Place of the transaction | Outside of a trading venue | ||||||||
| | | | | | ||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Nutsa Gogilashvili | ||||||
| 2. | Reason for the notification | |||||||
| a) | Position / status | PDMR, Head of Mass Retail and Micro Business 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
| 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 2022 work year.
100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 33.3% is released on the each of the second, third and fourth anniversaries of the start of the work year.
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| c) | Price(s) and volume(s) |
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| d) | Aggregated information | | ||||||
| | Aggregated volume | Grant of 5,655 nil-cost options over ordinary shares in respect of deferred salary shares for the 2022 work year. | ||||||
| | Aggregated price | | ||||||
| | | | ||||||
| e) | Dates of the transaction | 8 September 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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