Director/PDMR Shareholding

Released : 18 Nov 2013 13:07

RNS Number : 2969T
Bank of Georgia Holdings PLC
18 November 2013
 

 

 

                     London, 18 November 2013

 

 

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

 

BGH was notified today that Ian Hague, a Director of BGH and Managing Director of Firebird Republics Fund Ltd., Firebird New Russia Fund Ltd.,  Firebird Avrora Fund, Ltd. and Firebird Fund LP, had sold BGH ordinary shares (BGH Shares) on 14 November 2013 on behalf of each of the Firebird funds as detailed below.

 

Fund Name

Number of BGH Shares Sold

Sale Price per BGH Share (£)

Firebird Republics Fund Ltd.

440,000

20.00

Firebird New Russia Fund Ltd.

185,000

20.00

Firebird Avrora Fund Ltd.

325,000

20.00

Firebird Fund LP

130,000

20.00

 

Following the sale of BGH Shares by the four funds, the Firebird group of funds continues to hold 1,373,066 BGH Shares, representing approximately 3.82% 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 34.1% market share), total loans (with a 33.8% market share) and total deposits (with a 30.4% market share) as of 30 September 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

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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