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Georgia Capital PLC announced on 7 January 2022 that on 6 January 2022, four Persons Discharging Managerial Responsibilities (PDMRs) were granted nil-cost options over its ordinary shares. CEO Irakli Gilauri received 191,932 options, Deputy CEO Avtandil Namicheishvili 72,000, CFO Giorgi Alpaidze 39,000, and Nikoloz Gamkrelidze 35,000. These grants represent deferred salary shares for the 2021 work year and will vest in tranches over subsequent years.
| Date | 7 Jan 2022 |
| Time | 16:37:18 |
| Category | Director/PDMR dealings |
| ID | 8303X |
London, 7 January 2022
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
The notification set out below is provided in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Irakli Gilauri |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR, CEO and Chairman |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Georgia Capital PLC |
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b) |
LEI: |
213800Q65T5GNBOW7H65 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification Code
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Nil cost options over ordinary shares of £0.01 each in Georgia Capital PLC
N/A |
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b) |
Nature of the transaction |
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan. 20% of the shares will vest in each of the second, third, fourth, fifth and sixth years following the work year, subject to the terms of his service agreement.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information |
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Aggregated volume
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Grant of 191,932 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan. |
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Aggregated price |
n/a |
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e) |
Dates of the transaction |
6 January 2022 |
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f)
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Place of the transaction |
Outside of a trading venue |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Avtandil Namicheishvili |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR, Deputy CEO |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Georgia Capital PLC |
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b) |
LEI: |
213800Q65T5GNBOW7H65 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification Code
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Nil cost options over ordinary shares of £0.01 each in Georgia Capital PLC
N/A |
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b) |
Nature of the transaction |
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan.
20% of the shares will vest in each of the second, third, fourth, fifth and sixth years following the work year, subject to the terms of his service agreement.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information |
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Aggregated volume
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Grant of 72,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan. |
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Aggregated price |
n/a |
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e) |
Dates of the transaction |
6 January 2022 |
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f)
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Place of the transaction |
Outside of a trading venue |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Giorgi Alpaidze |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR, CFO |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Georgia Capital PLC |
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b) |
LEI: |
213800Q65T5GNBOW7H65 |
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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 Georgia Capital PLC
N/A |
||||||||
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b) |
Nature of the transaction |
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan.
20% of the shares will vest in each of the second, third, fourth, fifth and sixth years following the work year, subject to the terms of his service agreement. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information |
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Aggregated volume
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Grant of 39,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan. |
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Aggregated price |
n/a |
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e) |
Dates of the transaction |
6 January 2022 |
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f)
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Place of the transaction |
Outside of a trading venue |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nikoloz Gamkrelidze |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR, CEO of Georgia Healthcare Group |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Georgia Capital PLC |
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b) |
LEI: |
213800Q65T5GNBOW7H65 |
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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 Georgia Capital PLC
N/A
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b) |
Nature of the transaction |
Grant of nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan.
25% of the salary shares will vest in each of the second, third, fourth and fifth years following the work year, subject to the terms of his service agreement.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information |
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Aggregated volume
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Grant of 35,000 nil-cost options over ordinary shares in respect of deferred salary shares for the 2021 work year pursuant to the executive equity compensation plan. |
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Aggregated price |
n/a |
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e) |
Dates of the transaction |
6 January 2022 |
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f)
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Place of the transaction |
Outside of a trading venue |
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Name of authorised official of issuer responsible for making notification:
Link Company Matters, Company Secretary