19th Aug 2016 09:19
London, 19 August 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 | Murtaz Kikoria | ||||||
b) | Position / status | PDMR (CEO, JSC Bank of Georgia) | ||||||
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 | 2016-08-18 | ||||||
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 | 15,500 nil-cost options exercised Please note that a total of 3,100 ordinary shares were withheld to meet tax liabilities, resulting in Mr Kikoria receiving 12,400 ordinary shares.
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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