Director/PDMR Shareholding

Bank of Georgia Group PLC

20 March 2024

 

London, 20 March 2024

Notification of transactions of Directors/Persons Discharging Managerial Responsibly and Connected Persons

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Archil Gachechiladze
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	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
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	Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan. 100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
c)	Price(s) and volume(s)	Price(s) n/a	Volume(s)  45,785
d)	Aggregated information - Aggregated volume - Price	Grant of 45,785 nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	18 March 2024
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sulkhan Gvalia
2	Reason for the notification
a)	Position/status	PDMR, Deputy CEO, CFO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
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	Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan. 100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
c)	Price(s) and volume(s)	Price(s) n/a	Volume(s)  21,366
d)	Aggregated information - Aggregated volume - Price	Grant of 21,366 nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	18 March 2024
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Zurab Kokosadze
2	Reason for the notification
a)	Position/status	PDMR, Deputy CEO, Corporate Banking
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
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	Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan. 100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
c)	Price(s) and volume(s)	Price(s) n/a	Volume(s)  12,209
d)	Aggregated information - Aggregated volume - Price	Grant of 12,209 nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	18 March 2024
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nutsa Gogilashvili
2	Reason for the notification
a)	Position/status	PDMR, Deputy CEO, Head of Mass Retail and Micro Business Banking
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bank of Georgia Group PLC
b)	LEI	213800XKDG12NQG8VC53
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	Nil cost options over ordinary shares of £0.01 each in Bank of Georgia Group PLC ISIN: GB00BF4HYT85
b)	Nature of the transaction	Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan. 100% of award vest on first anniversary of the start of the work year which is subject to holding periods so that 40% is released on the second anniversary, and 20% is released on each of the third, fourth and fifth anniversaries, of the start of the work year.
c)	Price(s) and volume(s)	Price(s) n/a	Volume(s)  12,209
d)	Aggregated information - Aggregated volume - Price	Grant of 12,209 nil-cost options over ordinary shares in respect of deferred salary shares for the 2024 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	18 March 2024
f)	Place of the transaction	Outside of a trading venue

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
[phone]	[phone] (7515)
[e-mail]	[e-mail]

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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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