London, 23 February 2018
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||||||||||
a) |
Name |
Irakli Gilauri |
||||||||||||||
2. |
Reason for the notification |
|||||||||||||||
a) |
Position / status |
PDMR, CEO |
||||||||||||||
b) |
Initial notification / amendment |
Initial notification |
||||||||||||||
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||||||
a)
|
Name
|
BGEO GROUP PLC
|
||||||||||||||
b) |
LEI: |
2138003B6YI9N5H99688
|
||||||||||||||
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||||||||||
a) |
Description of the financial instrument, type of instrument
Identification Code |
ordinary shares of £0.01 each in BGEO Group PLC
GB00B759CR16 |
||||||||||||||
b) |
Nature of the transaction |
exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan |
||||||||||||||
c) |
Price(s) and volume(s) |
|
||||||||||||||
d) |
Aggregated information - Aggregated volume
- Aggregated price |
125,983 nil-cost options exercised Please note that a total of 25,197 ordinary shares were withheld to meet tax liabilities, resulting in Mr Gilauri receiving 100,786 ordinary shares. |
||||||||||||||
|
|
|
||||||||||||||
e) |
Dates of the transaction |
20 February 2018 |
||||||||||||||
f)
|
Place of the transaction |
Outside of a trading venue |
||||||||||||||
Name of authorised official of issuer responsible for making notification: Rebecca Wooldridge, Company Secretary