Director/PDMR Shareholding

RNS Number : 0270Q

Bank of Georgia Holdings PLC

12 June 2015

 

                     London, 12 June 2015

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

Bank of Georgia Holdings PLC (BGH) was notified yesterday that Irakli Burdiladze, a Person Discharging Managerial Responsibility (PDMR), had sold a total of 35,200 BGH ordinary shares (BGH Shares) over a three-day period at an average share price of GBP 18.06 per BGH Share. On 9 June 2015, 10 June 2015 and 11 June 2015, Mr Burdiladze sold 9,907 BGH Shares, 22,293 BGH Shares and 3,000 BGH Shares at a share price of GBP 17.94, GBP 18.10 and GBP 18.16, respectively.

Following these sales, Mr Burdiladze continues to hold 54,000 unvested BGH Shares, representing approximately 0.14% of the share capital 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 36.9% market share), total loans (with a 34.7% market share) and client deposits (with a 32.5% market share) as of 31 March 2015, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia and includes Privatbank's market shares. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance and healthcare services to its clients. As of 31 March 2015, the Bank served approximately 1.5 million client accounts through one of the largest distribution networks in Georgia, with 219 branches, the country's largest ATM network, comprising 554 ATMs, 2,245 Express pay (self-service) terminals and a full-service remote banking platform and a modern call center.

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 or contact: 

Irakli Gilauri	Murtaz Kikoria	Ekaterina Shavgulidze
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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