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Company Bank of Georgia Holdings PLC
TIDM BGEO
Headline

Director/PDMR Shareholding

Released 11:31 18-Mar-2013
Number 2310A11

RNS Number : 2310A
Bank of Georgia Holdings PLC
18 March 2013
 

 

 

                     18 March 2013

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

Bank of Georgia Holdings PLC (BGH) was notified on 13 March 2013 that Ian Hague, a Director of BGH and Managing Director of Firebird Republics Fund Ltd. and Firebird Avrora Fund Ltd., had sold BGH ordinary shares (BGH Shares) on behalf of both funds as detailed below.

 

On 12 March 2013, 7,154 BGH Shares in each of Firebird Republics Fund Ltd. and Firebird Avrora Fund Ltd. were sold at a share price of £14.12 per BGH Share.

 

On 13 March 2013, 2,846 BGH Shares in each of Firebird Republics Fund Ltd. and Firebird Avrora Fund Ltd. were sold at a share price of£14.19 per BGH Share.

 

Following the sale of BGH Shares by Firebird Republics Fund Ltd. and Firebird Avrora Fund Ltd., the Firebird group of funds continues to hold 2,762,921 BGH Shares, representing approximately 7.69% of the share capital of the Company. 

 

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 36.7% market share), total loans (with a 35.4% market share) and total deposits (with a 31.8% market share) as of 31 December 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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Director/PDMR Shareholding - RNS