TIDMBGEO

RNS Number : 4759I

Bank of Georgia Group PLC

01 April 2020

London, 1 April 2020

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 instrument    Nil cost options over ordinary shares of GBP0.01 
                                                                      each in Bank of Georgia Group PLC 
        Identification Code 
 
 
                                                                      GB00BF4HYT85 
b)     Nature of the transaction                                      Grant of nil-cost options over ordinary shares 
                                                                      in respect of discretionary deferred shares 
                                                                      for the 2019 work year pursuant to the executive 
                                                                      equity compensation plan. 
                                                                      40% of the shares will vest on the third and 60% 
                                                                      fourth anniversary of the start of the work 
                                                                      year, subject to the terms of his service 
                                                                      agreement, and each tranche is subject to a 
                                                                      further 
                                                                      two-year holding period. 
c)     Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                       nil        86,460 
d)     Aggregated information 
       Aggregated volume                                              Grant of 86,460 nil-cost options over ordinary 
                                                                      shares in respect of discretionary deferred 
                                                                      shares for the 2019 work year pursuant to the 
                                                                      executive equity compensation plan. 
       Aggregated price                                               n/a 
 
e)     Dates of the transaction                                       31 March 2020 
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 instrument    Nil cost options over ordinary shares of GBP0.01 
                                                                      each in Bank of Georgia Group PLC 
        Identification Code 
 
 
                                                                      GB00BF4HYT85 
b)     Nature of the transaction                                      Grant of nil-cost options over ordinary shares 
                                                                      in respect of discretionary deferred shares 
                                                                      for the 2019 work year pursuant to the executive 
                                                                      equity compensation plan. 
                                                                      40% of the shares will vest on the third and 60% 
                                                                      fourth anniversary of the start of the work 
                                                                      year, subject to the terms of his service 
                                                                      agreement, and each tranche is subject to a 
                                                                      further 
                                                                      two-year holding period. 
c)     Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                       nil        24,000 
d)     Aggregated information 
       Aggregated volume                                              Grant of 24,000 nil-cost options over ordinary 
                                                                      shares in respect of discretionary deferred 
                                                                      shares for the 2019 work year pursuant to the 
                                                                      executive equity compensation plan. 
       Aggregated price                                               n/a 
 
e)     Dates of the transaction                                       31 March 2020 
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 instrument    Nil cost options over ordinary shares of GBP0.01 
                                                                      each in Bank of Georgia Group PLC 
        Identification Code 
 
 
                                                                      GB00BF4HYT85 
b)     Nature of the transaction                                      Grant of nil-cost options over ordinary shares 
                                                                      in respect of discretionary deferred shares 
                                                                      for the 2019 work year pursuant to the executive 
                                                                      equity compensation plan. 
                                                                      40% of the shares will vest on the third and 60% 
                                                                      fourth anniversary of the start of the work 
                                                                      year, subject to the terms of his service 
                                                                      agreement, and each tranche is subject to a 
                                                                      further 
                                                                      two-year holding period. 
c)     Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                       nil        40,000 
d)     Aggregated information 
       Aggregated volume                                              Grant of 40,000 nil-cost options over ordinary 
                                                                      shares in respect of discretionary deferred 
                                                                      shares for the 2019 work year pursuant to the 
                                                                      executive equity compensation plan. 
       Aggregated price                                               n/a 
 
e)     Dates of the transaction                                       31 March 2020 
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 instrument    Nil cost options over ordinary shares of GBP0.01 
                                                                      each in Bank of Georgia Group PLC 
        Identification Code 
 
 
                                                                      GB00BF4HYT85 
b)     Nature of the transaction                                      Grant of nil-cost options over ordinary shares 
                                                                      in respect of discretionary deferred shares 
                                                                      for the 2019 work year pursuant to the executive 
                                                                      equity compensation plan. 
                                                                      40% of the shares will vest on the third and 60% 
                                                                      fourth anniversary of the start of the work 
                                                                      year, subject to the terms of his service 
                                                                      agreement, and each tranche is subject to a 
                                                                      further 
                                                                      two-year holding period. 
c)     Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                       nil        15,000 
d)     Aggregated information 
       Aggregated volume                                              Grant of 15,000 nil-cost options over ordinary 
                                                                      shares in respect of discretionary deferred 
                                                                      shares for the 2019 work year pursuant to the 
                                                                      executive equity compensation plan. 
       Aggregated price                                               n/a 
 
e)     Dates of the transaction                                       31 March 2020 
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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