Lion Finance Group PLC

Director's Dealing • Jun 1, 2022

National Storage Mechanism | Additional information

RNS Number : 6409N

Bank of Georgia Group PLC

01 June 2022

London, 6 June 2022

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 2021 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)
n/a	90,970

d)

Aggregated information

Aggregated volume

Grant of 90,970 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan.

Aggregated price

e)

Dates of the transaction

31 May 2022

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, Deputy CEO, 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 2021 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)
n/a	40,490

d)

Aggregated information

Aggregated volume

Grant of 40,490 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan.

Aggregated price

e)

Dates of the transaction

31 May 2022

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 2021 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)
n/a	35,735

d)

Aggregated information

Aggregated volume

Grant of 35,735 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan.

Aggregated price

e)

Dates of the transaction

31 May 2022

f)

Place of the transaction

Outside of a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Zurab Kokosadze

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 2021 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)
n/a	25,496

d)

Aggregated information

Aggregated volume

Grant of 25,496 nil-cost options over ordinary shares in respect of discretionary deferred shares for the 2021 work year pursuant to the executive equity compensation plan.

Aggregated price

e)

Dates of the transaction

31 May 2022

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 

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