27th Feb 2023 12:15
London, 27 February 2023
Notification of transactions of Directors/Persons Discharging Managerial Responsibly 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
| Ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Exercise of 106,688 nil-cost options over ordinary shares | |
c) | Price(s) and volume(s)
| Price(s) N/A | Volume(s) 106,688 |
d) | Aggregated information - Aggregated volume - Price
| Exercise of 106,688 nil-cost options over ordinary shares.
Please note that 23,045 ordinary shares were withheld to meet tax liabilities, resulting in Archil Gachechiladze receiving 83,643 ordinary shares | |
e) | Date of the transaction
| 22 February 2023 | |
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
| Ordinary shares of £0.01 each in Bank of Georgia Group PLC
ISIN: GB00BF4HYT85 | |
b) | Nature of the transaction
| Exercise of 83,061 nil-cost options over ordinary shares | |
c) | Price(s) and volume(s)
| Price(s) N/A | Volume(s) 83,061 |
d) | Aggregated information - Aggregated volume - Price
| Exercise of 83,061 nil-cost options over ordinary shares.
Please note that 17,941 ordinary shares were withheld to meet tax liabilities, resulting in Sulkhan Gvalia receiving 65,120 ordinary shares | |
e) | Date of the transaction
| 24 February 2023 | |
f) | Place of the transaction
| Outside of a trading venue | |
Name of authorised official of issuer responsible for making notification:
Computershare Company Secretarial Services Limited, Company Secretary