Bank of Georgia Group PLC Director/PDMR Shareholding (7300U)
December 06 2021 - 10:34AM
UK Regulatory
TIDMBGEO
RNS Number : 7300U
Bank of Georgia Group PLC
06 December 2021
London, 6 December 2021
Bank of Georgia Group PLC announces market purchase of shares
for its Employee Benefit Trusts
Bank of Georgia Group PLC (the "Group") was notified by Sanne
Fiduciary Services Limited ( "Sanne"), acting as trustee as below,
that Sanne, through an independent broker, carried out the
following purchases in the Group's ordinary shares with a nominal
value of GBP0.01 each (Shares) on the London Stock Exchange:
Sanne Fiduciary Services Limited acting as trustee of the Rubicon
Executive Equity Compensation Trust:
Number of Shares acquired 45,282
-----------
Average price paid per Share (rounded to two decimal GBP15.60
points)
-----------
Date of transaction 3 December
2021
-----------
Settlement date of transaction 7 December
2021
-----------
Number of Shares held by the Trust following settlement
of the above transaction 1,413,629
-----------
Number of Shares allocated to existing awards 1,410,106
-----------
Percentage of the Group's issued share capital (rounded
to two decimal points) 2.88 %
-----------
Sanne Fiduciary Services Limited acting as trustee of the BOG Group
Employee Trust:
Number of Shares acquired 27,706
-----------
Average price paid per Share (rounded to two decimal GBP15.69
points)
-----------
Date of transaction 3 December
2021
-----------
Settlement date of transaction 7 December
2021
-----------
Number of Shares held by the Trust following settlement
of the above transaction 696,217
-----------
Number of Shares allocated to existing awards 394,195
-----------
Percentage of the Group's issued share capital (rounded
to two decimal points) 1.42%
-----------
Both trusts hold Shares for the purpose of satisfying awards to
be awarded to beneficiaries of each trust. The executive directors
and persons discharging managerial responsibility of the Group are
potential beneficiaries under these trusts and are therefore
treated as having an interest in such Shares.
For further information, upon settlement of the above
transactions, the two trusts will hold a total of 2,109,846 Shares,
representing approximately 4.29% of the Group's issued ordinary
share capital.
Name of authorised official of issuer responsible for making
notification:
Link Company Matters Limited, Company Secretary
About Bank of Georgia Group PLC
Bank of Georgia Group PLC ("Bank of Georgia Group" or the
"Group" - LSE: BGEO LN) is a UK incorporated holding company, which
comprises: a) retail banking and payment services; b) corporate
banking and investment banking operations in Georgia; and c)
banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank
of Georgia", "BOG" or the "Bank"), the systemically important and
leading universal bank in Georgia, is the core entity of the Group.
The Bank is a leader in payments business and financial mobile
application, with the strong retail and corporate banking franchise
in Georgia. With a continued focus on increasing digitalisation and
expanding technological and data analytics capabilities, the Group
aims to offer more personalised solutions and seamless experiences
to its customers to enable them to achieve more of their potential.
The Group aims to benefit from growth of the Georgian economy, and
through both its Retail Banking and Corporate and Investment
Banking services targets to deliver on its strategy, which is based
on at least 20% ROAE and c.10% growth of its loan book in the
medium-term .
JSC Bank of Georgia has, as of
the date hereof, the following
credit ratings:
Fitch Ratings 'BB-/B'
Moody's 'Ba2/NP'
For further information, please visit www.bankofgeorgiagroup.com
or contact:
Archil Gachechiladze Michael Oliver Sulkhan Gvalia Natia Kalandarishvili
CEO Adviser to the CFO Head of Investor
CEO Relations
+995 322 444 444
+995 322 444 144 +44 203 178 4034 +995 322 444 108 (9282)
agachechiladze@bog.ge moliver@bgeo.com sgvalia@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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHQQLFBFLLLFBK
(END) Dow Jones Newswires
December 06, 2021 11:34 ET (16:34 GMT)
Bank Of Georgia (LSE:BGEO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bank Of Georgia (LSE:BGEO)
Historical Stock Chart
From Apr 2023 to Apr 2024
