Director/PDMR Shareholding - Replacement

Bank of Georgia Group PLC
27 June 2024
 

London, 27 June 2024

 

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

 

The following amendments have been made to the 'Bank of Georgia Group PLC announces market purchase of shares for its Executive Benefit Trust' announcement released on 13 June 2024 at 17:12 under RNS No. 3897S.

 

The Number of Shares held by the Trust following settlement the transaction was stated as '1,420,131' however it should have stated '1,015,586'.

 

Upon settlement of the transactions, together Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust was stated as 'a total of 1,420,131 Shares, representing approximately 2.25% of the Group's issued ordinary share capital' however it should have stated 'a total of 1,420,131 Shares, representing approximately 3.15% of the Group's issued ordinary share capital'.

 

The full amended text is shown below. All other details remain unchanged.

 

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

28,114

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

£36.99

Date of transaction

12 June 2024

Settlement date of transaction

14 June 2024

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

1,015,586

Number of Shares allocated to existing awards

876,457

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

2.25%

 

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 1,420,131 Shares, representing approximately 3.15% 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 (LSE: BGEO LN) is a FTSE 250 holding company whose subsidiaries provide banking and financial services focused in the high-growth Georgian and Armenian markets through leading, customer-centric, universal banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on our competitive strengths, we are committed to driving business growth, sustaining high profitability, and generating strong returns, while creating opportunities for our stakeholders and making a positive contribution in the communities where we operate.

 

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@bgeo.com

 


This news 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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