Director/PDMR Shareholding

RNS Number : 3163M

Bank of Georgia Holdings PLC

22 August 2013

 

                     London, 22 August 2013

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

Bank of Georgia Holdings PLC (BGH) was notified on 21 August 2013 that Sulkhan Gvalia, a Person Discharging Managerial Reponsibility, had sold a total of 11,601 BGH ordinary shares (BGH Shares) as detailed below.

On 19 August 2013, Mr Gvalia sold 6,000 BGH Shares at a share price of £18.49 per BGH Share.

On 20 August 2013, Mr Gvalia sold 1,140 BGH Shares at a share price of  £18.21 per BGH Share.

On 21 August 2013, Mr Gvalia sold 4,461 BGH Shares at a share price of  £18.05 per BGH Share.

Following the sale of BGH Shares, Mr Gvalia continues to hold 138,803 vested and unvested BGH Shares, representing approximately 0.39% 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 34.7% market share), total loans (with a 34.0% market share) and total deposits (with a 31.4% market share) as of 30 June 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
[phone]	[phone]	[phone]
[e-mail]	[e-mail]	[e-mail]

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.

 

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