Director/PDMR Shareholding

RNS Number : 3997Q

Bgeo Group PLC

29 November 2016

 

London, 29 November 2016

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 PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA")
a)	Name	Archil Gachechiladze
b)	Position / status	PDMR (Deputy CEO, JSC Bank of Georgia)
c)	Initial notification / amendment	initial notification
2.	DETAILS OF THE ISSUER
	BGEO GROUP PLC
3.	DETAILS OF THE TRANSACTION(S)
a)	Description of the financial instrument	ordinary shares of £0.01 each ISIN: GB00B759CR16
c)	Nature of interest	personally
d)	Nature of the transaction	exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan
e)	Date of the transaction	28 November 2016
f)	Place of the transaction	outside of a trading venue
g)	Price(s) and volume(s)	Price(s) Volume(s) Nil 97,500
h)	Aggregated information Aggregated volume Price	97,500 nil-cost options exercised Please note that a total of 19,500 ordinary shares were withheld to meet tax liabilities, resulting in Mr Gachechiladze receiving 78,000 ordinary shares.

Name of authorised official of issuer responsible for making notification:

Kate Bennett Rea, Group Company Secretary

 

END

 

 

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