Director/PDMR Shareholding

Released : 14 Jun 2013 17:00

RNS Number : 0711H
Bank of Georgia Holdings PLC
14 June 2013
 

 

 

                     London, 14 June 2013

 

 

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

 

Bank of Georgia Holdings PLC (BGH) was notified on 13 June 2013 that Sulkhan Gvalia, a Person Discharging Managerial Reponsibility, had sold 7,543 BGH ordinary shares (BGH Shares) on 11 June 2013 at a share price of £17.908 per BGH Share and 2,457 BGH Shares on 12 June 2013 at a share price of £17.169.

 

Following the sale of BGH Shares, Mr Gvalia continues to hold 150,404* BGH shares, representing approximately 0.42%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

 

*includes vested and unvested shares

 

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
 
END
 
 
RDSGIGDLCUBBGXS