TIDMBGEO

RNS Number : 4413Y

Bank of Georgia Group PLC

31 December 2019

London, 31 December 2019

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 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          Nil cost options over ordinary shares of GBP0.01 each in 
    instrument                                                Bank of Georgia Group PLC 
 
    Identification Code 
 
                                                              GB00BF4HYT85 
b)  Nature of the transaction                                 Grant of nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares for the 
                                                              2019 work year pursuant to the executive equity 
                                                              compensation plan. 
                                                              25% of the salary shares will vest in each of the 
                                                              second, third, fourth and fifth anniversary 
                                                              of the start of the work year, subject to the terms of 
                                                              his service agreement. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               n/a        69,247 
d)  Aggregated information 
    Aggregated volume                                         Grant of 69,247 nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares 
                                                              for the 2019 work year pursuant to the executive equity 
                                                              compensation plan. 
    Aggregated price 
 
e)  Dates of the transaction                                  30 December 2019 
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, 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          Nil cost options over ordinary shares of GBP0.01 each in 
    instrument                                                Bank of Georgia Group PLC 
 
    Identification Code 
 
                                                              GB00BF4HYT85 
b)  Nature of the transaction                                 Grant of nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares for the 
                                                              2019 work year pursuant to the executive equity 
                                                              compensation plan. 
                                                              25% of the salary shares will vest in each of the 
                                                              second, third, fourth and fifth anniversary 
                                                              of the start of the work year, subject to the terms of 
                                                              his service agreement. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               n/a        16,712 
d)  Aggregated information 
    Aggregated volume                                         Grant of 16,712 nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares 
                                                              for the 2019 work year pursuant to the executive equity 
                                                              compensation plan. 
    Aggregated price 
 
e)  Dates of the transaction                                  30 December 2019 
f)  Place of the transaction                                  Outside of a trading venue 
 
 
1.  Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                                      Mikheil Gomarteli 
2.  Reason for the notification 
a)  Position / status                                         PDMR, Deputy 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          Nil cost options over ordinary shares of GBP0.01 each in 
    instrument                                                Bank of Georgia Group PLC 
 
    Identification Code 
 
                                                              GB00BF4HYT85 
b)  Nature of the transaction                                 Grant of nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares for the 
                                                              2019 work year pursuant to the executive equity 
                                                              compensation plan. 
                                                              25% of the salary shares will vest in each of the 
                                                              second, third, fourth and fifth anniversary 
                                                              of the start of the work year, subject to the terms of 
                                                              his service agreement. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               n/a        45,000 
d)  Aggregated information 
    Aggregated volume                                         Grant of 45,000 nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares 
                                                              for the 2019 work year pursuant to the executive equity 
                                                              compensation plan. 
    Aggregated price 
 
e)  Dates of the transaction                                  30 December 2019 
f)  Place of the transaction                                  Outside of a trading venue 
 
 
1.  Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                                      Giorgi Pailodze 
2.  Reason for the notification 
a)  Position / status                                         PDMR, Deputy 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          Nil cost options over ordinary shares of GBP0.01 each in 
    instrument                                                Bank of Georgia Group PLC 
 
    Identification Code 
 
                                                              GB00BF4HYT85 
b)  Nature of the transaction                                 Grant of nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares for the 
                                                              2019 work year pursuant to the executive equity 
                                                              compensation plan. 
                                                              25% of the salary shares will vest in each of the 
                                                              second, third, fourth and fifth anniversary 
                                                              of the start of the work year, subject to the terms of 
                                                              his service agreement. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               n/a        11,671 
d)  Aggregated information 
    Aggregated volume                                         Grant of 11,671 nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares 
                                                              for the 2019 work year pursuant to the executive equity 
                                                              compensation plan. 
    Aggregated price 
 
e)  Dates of the transaction                                  30 December 2019 
f)  Place of the transaction                                  Outside of a trading venue 
 
 
1.  Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                                      Giorgi Pailodze 
2.  Reason for the notification 
a)  Position / status                                         PDMR, Deputy 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          Nil cost options over ordinary shares of GBP0.01 each in 
    instrument                                                Bank of Georgia Group PLC 
 
    Identification Code 
 
                                                              GB00BF4HYT85 
b)  Nature of the transaction                                 Grant of nil-cost options over ordinary shares in 
                                                              respect of deferred salary shares pursuant 
                                                              to the executive equity compensation plan. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               n/a        6,000 
d)  Aggregated information 
    Aggregated volume                                         Grant of 6,000 nil-cost options over ordinary shares 
                                                              pursuant to the executive equity compensation 
                                                              plan. 
    Aggregated price 
 
e)  Dates of the transaction                                  30 December 2019 
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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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