Director/PDMR Shareholding

RNS Number : 7543P
Bank of Georgia Holdings PLC
10 June 2015
 

 

 

                     London, 10 June 2015

 

 

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

 

 

Bank of Georgia Holdings PLC (BGH) was notified yesterday that Sulkhan Gvalia, a Person Discharging Managerial Responsibility (PDMR), had sold 6,638 BGH ordinary shares (BGH Shares) on 5 June 2015 at a share price of GBP 18.26 per BGH Share. Following this sale, Mr Gvalia continues to hold 123,134 vested and unvested BGH Shares, representing approximately 0.31% 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

+995 322 444 109

+995 322 444 126

         +995 322 444 205

igilauri@bog.ge

mkikoria@bog.ge

          ir@bog.ge

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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