Director/PDMR Shareholding

Released : 15 May 2013 16:42

RNS Number : 8197E
Bank of Georgia Holdings PLC
15 May 2013
 




 

 

London, 15 May 2013

 

 

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

 

 

Bank of Georgia Holdings PLC (BGH) was notified on 15 May 2013that Archil Gachechiladze, a Person Discharging Managerial Responsibily (PDMR), had sold BGH ordinary shares (BGH Shares).

Mr Gachechiladze sold 11,333 BGH Shares at a sale price of GBP 17.05 per BGH Share. Following this disposal, he continued to hold 115,000 unvested BGH Shares, representing a 0.32% ownership interest in 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 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 36.1% market share), total loans (with a 34.1% market share) and total deposits (with a 32.9% market share) as of 31 March 2013, 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.bgh.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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