Director/PDMR Shareholding

Released : 19 Aug 2016 09:19

RNS Number : 6503H
Bgeo Group PLC
19 August 2016
 

London, 19 August 2016

 

 

 

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

 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1.

DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA")

a)

Name

Murtaz Kikoria

b)

Position / status

PDMR (CEO, JSC Bank of Georgia)

c)

Initial notification / amendment

initial notification

2.

DETAILS OF THE ISSUER


BGEO GROUP PLC

3.

DETAILS OF THE TRANSACTION(S)

a)

Description of the financial instrument

ordinary shares of £0.01 each

ISIN: GB00B759CR16

c)

Nature of interest

personally

d)

Nature of the transaction

exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan

e)

Date of the transaction

2016-08-18

f)

Place of the transaction

outside of a trading venue

g)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

10,500

Nil

5,000

h)

Aggregated information

Aggregated volume Price

15,500 nil-cost options exercised

Please note that a total of 3,100 ordinary shares were withheld to meet tax liabilities, resulting in Mr Kikoria receiving 12,400 ordinary shares.

 

 

Name of authorised official of issuer responsible for making notification:

 

Kate Bennett Rea, Group Company Secretary

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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