Director/PDMR Shareholding

Released : 02 Oct 2012 15:26

RNS Number : 7494N
Bank of Georgia Holdings PLC
02 October 2012

London, 2 October 2012





Bank of Georgia Holdings plc (BGH) was notified on 28 September 2012 by Ian Hague, a non-executive Director, that he has sold BGH ordinary shares (BGH Shares) on behalf of a connected person, Firebird Avrora Fund Ltd, a fund in which Mr Hague is a substantial shareholder.

On 28 September 2012, Firebird Avrora Fund Ltd sold 9,740 BGH Shares at a price of £12.801 per BGH Share. Following the sale of BGH Shares by Firebird Avrora Fund Ltd, the Firebird group of funds continue to hold 2,887,921 BGH Shares, representing 8.0% of the share capital of BGH.  

This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.


Name of authorised official of issuer responsible for making notification:


Kate Bennett Rea, Company Secretary




















About Bank of Georgia

Bank of Georgia is the leading Georgian bank, based on total assets (with a 35.7% market share), total loans (with a 35.9% market share) and client deposits (with a 36.0% market share) as of 30 June 2012, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance services to its clients. 


Bank of Georgia has, as of the date hereof, the following credit ratings:

Standard & Poor's





'B1/NP' (FC) & 'Ba3/NP' (LC)

For further information, please visit or contact: 

Irakli Gilauri

Macca Ekizashvili

Chief Executive Officer

Head of Investor Relations

+995 322 444 109

+995 322 444 256


      This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities.


This information is provided by RNS
The company news service from the London Stock Exchange