1st Dec 2016 17:46
London, 1 December 2016
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 PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA") | |||||
a) | Name | Vasil Khodeli | ||||
b) | Position / status | PDMR (Head of Corporate Banking) | ||||
c) | Initial notification / amendment | initial notification | ||||
2. | DETAILS OF THE ISSUER | |||||
BGEO GROUP PLC | ||||||
3. | DETAILS OF THE TRANSACTION(S) | |||||
a) | Description of the financial instrument | ordinary shares of £0.01 each ISIN: GB00B759CR16 | ||||
c) | Nature of interest | personally | ||||
d) | Nature of the transaction | exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan | ||||
e) | Date of the transaction | 30 November 2016 | ||||
f) | Place of the transaction | outside of a trading venue | ||||
g) | Price(s) and volume(s) |
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h) | Aggregated information Aggregated volume Price | 9,260 nil-cost options exercised Please note that a total of 1,852 ordinary shares were withheld to meet tax liabilities, resulting in Mr Khodeli receiving 7,408 ordinary shares.
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1. | DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA") | ||
a) | Name | Vasil Khodeli | |
b) | Position / status | PDMR (Head of Corporate Banking) | |
c) | Initial notification / amendment | initial notification | |
2. | DETAILS OF THE ISSUER | ||
BGEO GROUP PLC | |||
3. | DETAILS OF THE TRANSACTION(S) | ||
a) | Description of the financial instrument | ordinary shares of £0.01 each ISIN: GB00B759CR16 | |
c) | Nature of interest | personally | |
d) | Nature of the transaction | sale of ordinary shares | |
e) | Dates of the transactions | 28/11/2016 29/11/2016 | |
f) | Place of the transaction | London Stock Exchange | |
g) | Price(s) and volume(s) | Price(s) | Volume(s) |
£30.5000 | 1,800 | ||
£30.2171 | 700 | ||
h) | Aggregated information Aggregated volume Price | In total, 2,500 ordinary shares were sold at an average price per ordinary share of £30.4208, resulting in an aggregated volume price of £76,052.04.
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Name of authorised official of issuer responsible for making notification:
Kate Bennett Rea, Group Company Secretary
Related Shares:
Bank Of Georgia Group