London, 1 December 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") |
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a) |
Name |
Archil Gachechiladze |
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b) |
Position / status |
PDMR (Deputy CEO, Bank of Georgia) |
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c) |
Initial notification / amendment |
initial notification |
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2. |
DETAILS OF THE ISSUER |
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BGEO GROUP PLC |
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3. |
DETAILS OF THE TRANSACTION(S) |
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a) |
Description of the financial instrument |
ordinary shares of £0.01 each ISIN: GB00B759CR16 |
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c) |
Nature of interest |
personally |
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d) |
Nature of the transaction |
sale of ordinary shares |
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e) |
Dates of the transactions |
29/11/2016 |
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f) |
Place of the transaction |
OTC and London Stock Exchange |
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g) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£30.00 |
12,000 |
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£29.98 |
16,000 |
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h) |
Aggregated information Aggregated volume Price |
In total, 28,000 ordinary shares were sold at an average price per ordinary share of £29.9886, resulting in an aggregated volume price of £839,680. |
Name of authorised official of issuer responsible for making notification:
Kate Bennett Rea, Group Company Secretary