Director/PDMR Shareholding

RNS Number : 6474G

Bgeo Group PLC

05 March 2018

 

London, 5 March 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			Avtandil Namicheishvili
2.	Reason for the notification
a)	Position / status			PDMR, Group General Counsel
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 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)		Date Price(s) Volume(s)    2 March 2018 Nil 58,500
d)	Aggregated information -      Aggregated volume -      Aggregated price		58,500 nil-cost options exercised. Please note that a total of 11,700 ordinary shares were withheld to meet tax liabilities, resulting in Mr Namicheishvili receiving 46,800 ordinary shares.
e)	Dates of the transaction		2 March 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

 

END

 

 

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