Director/PDMR Shareholding

Bank of Georgia Group PLC

11 June 2024

 

London, 11 June 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 2023 work year pursuant to the executive equity compensation plan. 40% of the shares vest immediately and 15% will vest on each of the third, fourth, fifth and sixth anniversaries of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)	Price(s) and volume(s)	Price(s) N/A	Volume(s)  51,462
d)	Aggregated information - Aggregated volume - Price	Grant of 51,462 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	6 June 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 2023 work year pursuant to the executive equity compensation plan. 40% of the shares vest immediately and 15% will vest on each of the third, fourth, fifth and sixth anniversaries of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)	Price(s) and volume(s)	Price(s) N/A	Volume(s)  22,467
d)	Aggregated information - Aggregated volume - Price	Grant of 22,467 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	6 June 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 2023 work year pursuant to the executive equity compensation plan. 40% of the shares vest immediately and 15% will vest on each of the third, fourth, fifth and sixth anniversaries of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)	Price(s) and volume(s)	Price(s) N/A	Volume(s)  15,736
d)	Aggregated information - Aggregated volume - Price	Grant of 15,736 nil-cost options over ordinary shares in respect of deferred salary shares for the 2023 work year pursuant to the executive equity compensation plan.
e)	Date of the transaction	6 June 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 2023 work year pursuant to the executive equity compensation plan. 40% of the shares vest immediately and 15% will vest on each of the third, fourth, fifth and sixth anniversaries of the start of the work year, subject to the terms of his service agreement, and each tranche is subject to a further two-year holding period.
c)	Price(s) and volume(s)	Price(s) N/A	Volume(s)  14,887
d)	Aggregated information - Aggregated volume - Price	Grant of 14,887 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	6 June 2024
f)	Place of the transaction	Outside of a trading venue

For further information, please contact: Computershare Company Secretarial Services Limited, [phone]

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

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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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