REG - Bank of Georgia Grp - Director/PDMR Shareholding

Bank of GeorgiaAnnouncement

19/04/2024 14:15

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RNS Number : 3783L  Bank of Georgia Group PLC  19 April 2024

 

London, 19 April 2024

 

Bank of Georgia Group PLC announces market purchase of shares for its Employee
Benefit Trust

 

Bank of Georgia Group PLC (the "Group") was notified by Apex Group Fiduciary
Services Limited ("Apex"), acting as trustee as below, that Apex, through an
independent broker, carried out the following purchase in the Group's ordinary
shares with a nominal value of £0.01 each ("Shares") on the London Stock
Exchange:

 

 Apex Fiduciary Services Limited acting as trustee of the BOG Group Employee
 Trust:
 Number of Shares acquired                                                       12,018
 Average price paid per Share (rounded to two decimal points)                    £48.96
 Date of transaction                                                             18 April 2024
 Settlement date of transaction                                                  22 April 2024
 Number of Shares held by the Trust following settlement of the above            429,023
 transaction
 Number of Shares allocated to existing awards                                   337,382
 Percentage of the Group's issued share capital (rounded to two decimal points)  0.94%

 

BOG Group Employee Trust holds Shares for the purpose of satisfying awards to
be awarded to beneficiaries of the trust. The executive directors and persons
discharging managerial responsibility of the Group are potential beneficiaries
under the trust and are therefore treated as having an interest in such
Shares.

 

For further information, upon settlement of the above transactions, together
Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust will
hold a total of 1,433,287 Shares, representing approximately 3.15% of the
Group's issued ordinary share capital.

 

 

For further information, please contact: Computershare Company Secretarial
Services Limited, +44 (0) 781 250 9450

 

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
(http://www.bankofgeorgiagroup.com) or contact:

 

 Michael Oliver                              Nini Arshakuni
 Adviser to the CEO                          Head of Investor Relations
 +44 203 178 4034                            +995 322 444 444 (7515)
 moliver@bgeo.com (mailto:moliver@bgeo.com)  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

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