Director/PDMR Shareholding

Released : 17 Mar 2015 15:39

RNS Number : 6961H
Bank of Georgia Holdings PLC
17 March 2015
 

 

 

London, 17 March 2015

 

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

 

Bank of Georgia Holdings PLC (BGH) was notified on 17 March 2015by each Person Discharging Managerial Responsibility (PDMR) listed in the table below, that he has exercised his nil cost options to acquire BGH ordinary shares with a nominal value of £0.01 per share (BGH Shares) on the same day pursuant to the JSC Bank of Georgia executive equity compensation plan. For each PDMR, BGH Shares were withheld to meet tax liabilities, as reflected below.

Name of PDMR

Options Exercised

     (BGH Shares)

Tax Withholding

(BGH Shares)

Net BGH Shares Received

David Vakhtangishvili

11,170

2,234

8,936

Murtaz Kikoria

44,000

8,800

35,200

 

 

 

 

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 35.5% market share), total loans (with a 34.9% market share) and client deposits (with a 31.5% market share) as of 31 December 2014, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia and includes Privatbank's market shares. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance and healthcare services to its clients. As of 31 December 2014, the Bank served approximately 1.5 million client accounts through one of the largest distribution networks in Georgia, with 219 branches, the country's largest ATM network, comprising 523 ATMs, 2.239 Express pay (self-service) terminals and a full-service remote banking platform and a modern call center.

 

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

Murtaz Kikoria

Ekaterina Shavgulidze

Chief Executive Officer

Deputy CEO, Finance

Head of Investor Relations

+995 322 444 109

+995 322 444 126

         +995 322 444 117

igilauri@bog.ge

mkikoria@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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