Director/PDMR Shareholding

Released : 01 Jul 2013 14:27

RNS Number : 3075I
Bank of Georgia Holdings PLC
01 July 2013
 

 

 

                     London, 1 July 2013

 

 

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

 

Bank of Georgia Holdings PLC (BGH) was notified on 1 July 2013 that Avto Namicheishvili, a Person Discharging Managerial Reponsibility, had sold a total of 17,000 BGH ordinary shares (BGH Shares).

 

Mr Namicheishvili sold 1,846 BGH Shares on 26 June 2013 at a share price of £16.57 per BGH Share, 7,696 BGH Shares on 27 June 2013 at a share price of £16.26 per BGH Share and 7,458 BGH Shares on 28 June 2013 at a share price of £16.37 per BGH Share.

 

Following the sale of BGH Shares, Mr Namicheishvili continues to hold 181,454* BGH Shares, representing approximately 0.51%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'


Fitch Ratings

'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

Nikoloz Gamkrelidze

Macca Ekizashvili

Chief Executive Officer

Deputy CEO, Finance

Head of Investor Relations

+995 322 444 109

+995 322 444 126

         +995 322 444 256

igilauri@bog.ge

ngamkrelidze@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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