Director/PDMR Shareholding

Released : 11 Mar 2013 15:48

RNS Number : 7337Z
Bank of Georgia Holdings PLC
11 March 2013



                     11th  March 2013





Bank of Georgia Holdings PLC (BGH) was notified on 11 March 2013 that Ian Hague, a Director of BGH and Managing Director of Firebird Avrora Fund Ltd., had sold a total of 70,000 BGH ordinary shares (BGH Shares) on behalf of Firebird Avrora Fund Ltd.


On 7 March 2013, 50,000 BGH Shares were sold at a sale price of £14.35 per BGH Share.


On 8 March 2013, 20,000 BGH Shares were sold at a sale price of £14.47 per BGH Share.


Following the sale of BGH Shares by Firebird Avrora Fund Ltd, the Firebird group of funds continues to hold 2,782,921 BGH Shares, representing approximately 7.75% of the share capital of the Company. 


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 Holdings plc

Bank of Georgia Holdings plc is a UK-incorporated holding company of Bank of Georgia. Bank of Georgia is the leading Georgian bank, based on total assets (with a 36.7% market share), total loans (with a 35.4% market share) and total deposits (with a 31.8% market share) as of 31 December 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