Director/PDMR Shareholding

Released : 12 Nov 2012 18:06

RNS Number : 9405Q
Bank of Georgia Holdings PLC
12 November 2012
 


 

London, 12 November 2012

                                                                                

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

Bank of Georgia Holdings PLC (BGH) was notified on 12 November 2012 that Murtaz Kikoria and Irakli Burdiladze, Persons Discharging Managerial Responsibily (PDMRs), had sold BGH ordinary shares (BGH Shares) as listed directly below:

Name of PDMR

Date of Transaction

Number of BGH Shares Sold

Sale Price per BGH Share

Murtaz Kikoria

7 November 2012

3,232

£11.501

Murtaz Kikoria

8 November 2012

4,409

£11.270

Murtaz Kikoria

9 November 2012

4,359

£10.742

Irakli Burdiladze

6 November 2012

6,000

£11.561

Irakli Burdiladze

7 November 2012

11,736

£11.614

Irakli Burdiladze

8 November 2012

2,264

£11.400

 

 

 

 

Name of PDMR

Shares Remaining After Transaction*

% Ownership Remaining in BGH

Murtaz Kikoria

97,000

0.27%

Irakli Burdiladze

73,000

0.20%

*includes vested and unvested shares

 

 

 

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 36.8% market share), total loans (with a 35.9% market share) and client deposits (with a 34.4% market share) as of 30 September 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

'BB-/B'


FitchRatings

'BB-/B'


Moody's

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


For further information, please visit www.bogh.co.uk, www.bog.ge/ir or contact: 

 

Irakli Gilauri

Macca Ekizashvili


Chief Executive Officer

Head of Investor Relations


+995 322 444 109

+995 322 444 256


igilauri@bog.ge

ir@bog.ge


 

      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
 
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