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Lion Finance Group Enhances Employee Trust with Share Purchase

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Lion Finance Group Enhances Employee Trust with Share Purchase

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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an announcement.

Lion Finance Group PLC announced that Apex Group Fiduciary Services Limited, acting as a trustee, has purchased 2,500 ordinary shares for the Group’s Employee Benefit Trust on the London Stock Exchange. This transaction is part of the Group’s strategy to satisfy awards for beneficiaries, including executive directors and managerial personnel. Following this transaction, the BOG Group Employee Trust, along with the Rubicon Executive Equity Compensation Trust, holds a total of 891,151 shares, representing approximately 2.03% of the Group’s issued ordinary share capital.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company with primary subsidiaries offering banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through Bank of Georgia and Ameriabank, focusing on customer-centric, universal banking services. Lion Finance Group aims to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities it serves.

Average Trading Volume: 71,351

Technical Sentiment Signal: Buy

Current Market Cap: £3.46B

Learn more about BGEO stock on TipRanks’ Stock Analysis page.

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