London, 2 January 2025
Bank of Georgia Group PLC announces notification of transactions of Directors/Persons Discharging Managerial Responsibilities 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, Executive Director and CEO of Bank of Georgia Group PLC |
|
| 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 2025 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) 37,344 |
| d) |
Aggregated information - Aggregated volume - Price |
Grant of 37,344 nil-cost options over ordinary shares in respect of deferred salary shares for the 2025 work year pursuant to the executive equity compensation plan. |
|
| e) |
Date of the transaction |
2 January 2025 |
|
| 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 2025 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) 17,427 |
| d) |
Aggregated information - Aggregated volume - Price |
Grant of 17,427 nil-cost options over ordinary shares in respect of deferred salary shares for the 2025 work year pursuant to the executive equity compensation plan. |
|
| e) |
Date of the transaction |
2 January 2025 |
|
| 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 and Investment 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 2025 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) 9,958 |
| d) |
Aggregated information - Aggregated volume - Price |
Grant of 9,958 nil-cost options over ordinary shares in respect of deferred salary shares for the 2025 work year pursuant to the executive equity compensation plan. |
|
| e) |
Date of the transaction |
2 January 2025 |
|
| 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 2025 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) 9,958 |
| d) |
Aggregated information - Aggregated volume - Price |
Grant of 9,958 nil-cost options over ordinary shares in respect of deferred salary shares for the 2025 work year pursuant to the executive equity compensation plan. |
|
| e) |
Date of the transaction |
2 January 2025 |
|
| 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