21st Feb 2014 15:19
LONDON (Alliance News) - Bank of Georgia Holdings PLC Friday said a group of executives exercised options shares under the senior executive equity compensation plan.
Details are as follows.
Name of Manager | Options Exercised (BGH Shares) | Tax Withholding (BGH Shares) | Net BGH Shares Received |
Nick Gamkrelidze | 27,375 | 5,476 | 21,899 |
Irakli Burdiladze | 33,500 | 6,700 | 26,800 |
Mikheil Gomarteli | 43,000 | 8,600 | 34,400 |
Murtaz Kikoria | 34,000 | 6,800 | 27,200 |
The company also said some of the executives sold shares following the exercise.
Name of Manager | Date of Transaction | Number of BGH Shares Sold | Sale Price per BGH Share (£) | Shares Remaining after Transaction* | % Ownership remaining in BGH |
Nick Gamkrelidze | 19 February 2014 | 17,317 | 24.15 | 73,624 | 0.2% |
Irakli Burdiladze | 19 February 2014 20 February 2014 | 6,100 20,700 | 24.02 24.15 | 80,000 | 0.2% |
Murtaz Kikoria | 20 February 2014 | 26,200 | 24.12 | 105,000 | 0.3% |
Bank of Georgia shares were down 0.9% at 2,385.00 pence Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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Related Shares:
Bank Of Georgia Group