1. |
DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED WITH THEM ("PCA") |
a) |
Name |
Archil Gachechiladze |
b) |
Position / status |
PDMR (Deputy CEO, JSC Bank of Georgia) |
c) |
Initial notification / amendment |
initial notification |
2. |
DETAILS OF THE ISSUER |
|
BGEO GROUP PLC |
3. |
DETAILS OF THE TRANSACTION(S) |
a) |
Description of the financial instrument |
ordinary shares of £0.01 each ISIN: GB00B759CR16 |
c) |
Nature of interest |
personally |
d) |
Nature of the transaction |
exercise of nil-cost options to acquire ordinary shares pursuant to the executive equity compensation plan |
e) |
Date of the transaction |
28 November 2016 |
f) |
Place of the transaction |
outside of a trading venue |
g) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
97,500 |
|
h) |
Aggregated information Aggregated volume Price |
97,500 nil-cost options exercised Please note that a total of 19,500 ordinary shares were withheld to meet tax liabilities, resulting in Mr Gachechiladze receiving 78,000 ordinary shares. |