Director/PDMR Shareholding

RNS Number : 9105S

Bank of Georgia Holdings PLC

06 December 2012

 



London, 6 December 2012

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

Bank of Georgia Holdings PLC (BGH) was notified on 3 December 2012 that Ian Hague, a Director of BGH and Managing Director of Firebird Avrora Fund Ltd., had sold, on the same day, 15,000 BGH ordinary shares (BGH Shares) on behalf of Firebird Avrora Fund Ltd., at a sale price of £10.292 per BGH Share.

Following the above-mentioned sale, Firebird Avrora Fund Ltd. continues to retain 935,500 BGH Shares, or approximately 2.6% of BGH.

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 36.8% market share), total loans (with a 35.9% market share) and client deposits (with a 34.4% market share) as of 30 September 2012, 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.bogh.co.uk, www.bog.ge/ir or contact: 

Irakli Gilauri	Macca Ekizashvili
Chief Executive Officer	Head of Investor Relations
[phone]	[phone]
[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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