Director's Dealing • Apr 1, 2020
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 4759I
Bank of Georgia Group PLC
01 April 2020
London, 1 April 2020
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 the person discharging managerial responsibilities / person closely associated
a)
Name
Archil Gachechiladze
2.
Reason for the notification
a)
Position / status
PDMR, CEO
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bank of Georgia Group PLC
b)
LEI:
213800XKDG12NQG8VC53
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 86,460 |
d)
Aggregated information
Aggregated volume
Grant of 86,460 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
Aggregated price
n/a
e)
Dates of the transaction
31 March 2020
f)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sulkhan Gvalia
2.
Reason for the notification
a)
Position / status
PDMR, CFO
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bank of Georgia Group PLC
b)
LEI:
213800XKDG12NQG8VC53
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 24,000 |
d)
Aggregated information
Aggregated volume
Grant of 24,000 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
Aggregated price
n/a
e)
Dates of the transaction
31 March 2020
f)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mikheil Gomarteli
2.
Reason for the notification
a)
Position / status
PDMR, Deputy CEO
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bank of Georgia Group PLC
b)
LEI:
213800XKDG12NQG8VC53
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 40,000 |
d)
Aggregated information
Aggregated volume
Grant of 40,000 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
Aggregated price
n/a
e)
Dates of the transaction
31 March 2020
f)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Giorgi Pailodze
2.
Reason for the notification
a)
Position / status
PDMR, Deputy CEO
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bank of Georgia Group PLC
b)
LEI:
213800XKDG12NQG8VC53
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC
GB00BF4HYT85
b)
Nature of the transaction
Grant of nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
40% of the shares will vest on the third and 60% fourth anniversary of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| nil | 15,000 |
d)
Aggregated information
Aggregated volume
Grant of 15,000 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2019 work year pursuant to the executive equity compensation plan.
Aggregated price
n/a
e)
Dates of the transaction
31 March 2020
f)
Place of the transaction
Outside of a trading venue
Name of authorised official of issuer responsible for making notification:
Link Company Matters Limited, Company Secretary
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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