London, 27 June 2012 |
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
Bank of Georgia Holdings PLC (BGH) was notified on 26 June 2012that Irakli Gilauri, Chief Executive Officer, had sold the following BGH ordinary shares (BGH Shares):
Date of Transaction |
Number of BGH Shares Sold |
Sale Price per BGH Share |
25 June 2012 |
75,000 |
£10.10 |
26 June 2012 |
75,000 |
£10.10 |
Following these transactions, Irakli Gilauri's total beneficial interests are 206,431 vested BGH Shares and 296,000 unvested BGH shares, representing 1.4% of BGH's issued ordinary share capital.
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 Holdings plc
Bank of Georgia Holdings plc is a UK-incorporated holding company of Bank of Georgia. Bank of Georgia is the leading Georgian bank, based on total assets (with a 34% market share), total loans (with a 35% market share) and client deposits (with a 34% market share) as of 31 March 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 |
|
+995 322 444 109 |
+995 322 444 256 |
|
igilauri@bog.ge |
ir@bog.ge |
|
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.