Director/PDMR Shareholding

Bank of Georgia Group PLC
02 August 2023
 

London, 2 August 2023

 

Bank of Georgia Group PLC announces market purchase of shares for its Executive Benefit Trust

 

Bank of Georgia Group PLC (the "Group") was notified by Apex Group Fiduciary Services Limited ("Apex"), acting as trustee as below, that Apex, through an independent broker, carried out the following purchase in the Group's ordinary shares with a nominal value of £0.01 each ("Shares") on the London Stock Exchange:

 

Apex Fiduciary Services Limited acting as trustee of the Rubicon Executive Equity Compensation Trust:

Number of Shares acquired

14,149

Average price paid per Share (rounded to two decimal points)

£32.62

Date of transaction

1 August 2023

Settlement date of transaction

3 August 2023

Number of Shares held by the Trust following settlement of the above transaction

1,525,137

Number of Shares allocated to existing awards

1,227,668

Percentage of the Group's issued share capital (rounded to two decimal points)

3.32%

 

Rubicon Executive Equity Compensation Trust holds Shares for the purpose of satisfying awards to be awarded to beneficiaries of the trust. The executive directors and persons discharging managerial responsibility of the Group are potential beneficiaries under the trust and are therefore treated as having an interest in such Shares.

 

For further information, upon settlement of the above transactions, together Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust will hold a total of 2,085,031 Shares, representing approximately 4.54% of the Group's issued ordinary share capital.

 

 

For further information, please contact: Computershare Company Secretarial Services Limited, +44 (0) 781 250 9450

               

Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary

 

About Bank of Georgia Group PLC

Bank of Georgia Group PLC (the 'Company' - LSE: BGEO LN) is a FTSE-250 company. Its core entity is JSC Bank of Georgia ('Bank of Georgia', 'BOG', or the 'Bank'), a digital banking leader in Georgia that provides a suite of banking and financial services to retail clients and businesses. By building on its competitive strengths, the Group is committed to delivering strong profitability sustainably and maximising shareholder value.

Legal Entity Identifier: 213800XKDG12NQG8VC53

 

For further information, please visit www.bankofgeorgiagroup.com or contact:

 

Michael Oliver

Nini Arshakuni

Adviser to the CEO

Head of Investor Relations

+44 203 178 4034

+995 322 444 444 (7515)

moliver@bgeo.com

ir@bog.ge

 


This 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

 

 

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