Director/PDMR Shareholding

RNS Number : 9405Q

Bank of Georgia Holdings PLC

12 November 2012

 



London, 12 November 2012

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Bank of Georgia Holdings PLC (BGH) was notified on 12 November 2012 that Murtaz Kikoria and Irakli Burdiladze, Persons Discharging Managerial Responsibily (PDMRs), had sold BGH ordinary shares (BGH Shares) as listed directly below:

Name of PDMR Date of Transaction Number of BGH Shares Sold Sale Price per BGH Share Murtaz Kikoria 7 November 2012 3,232 £11.501 Murtaz Kikoria 8 November 2012 4,409 £11.270 Murtaz Kikoria 9 November 2012 4,359 £10.742 Irakli Burdiladze 6 November 2012 6,000 £11.561 Irakli Burdiladze 7 November 2012 11,736 £11.614 Irakli Burdiladze 8 November 2012 2,264 £11.400
Name of PDMR Shares Remaining After Transaction* % Ownership Remaining in BGH Murtaz Kikoria 97,000 0.27% Irakli Burdiladze 73,000 0.20% *includes vested and unvested shares

This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.

Name of authorised official of issuer responsible for making notification:

Kate Bennett Rea, Company Secretary

About Bank of Georgia

Bank of Georgia is the leading Georgian bank, based on total assets (with a 36.8% market share), total loans (with a 35.9% market share) and client deposits (with a 34.4% market share) as of 30 September 2012, all data based on standalone financial information filed by banks in Georgia with the National Bank of Georgia. The Bank offers a broad range of corporate banking, retail banking, wealth management, brokerage and insurance services to its clients. 

Bank of Georgia has, as of the date hereof, the following credit ratings:

Standard & Poor's	'BB-/B'
FitchRatings	'BB-/B'
Moody's	'B1/NP' (FC) & 'Ba3/NP' (LC)

For further information, please visit www.bogh.co.uk, www.bog.ge/ir or contact: 

Irakli Gilauri	Macca Ekizashvili
Chief Executive Officer	Head of Investor Relations
[phone]	[phone]
[e-mail]	[e-mail]

      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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