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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.
Lion Finance Group PLC has announced the acquisition of 20,000 ordinary shares by Apex Group Fiduciary Services Limited for its Executive Benefit Trust, with the shares intended to satisfy awards for executive directors and managerial personnel. This transaction increases the total shares held by the Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust to 855,151, representing approximately 1.95% of the Group’s issued ordinary share capital, potentially strengthening the company’s equity compensation strategy and aligning management interests with shareholder value.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with primary subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading banks, Bank of Georgia and Ameriabank, focusing on customer-centric, universal banking services. It aims to drive business growth, sustain high profitability, and generate strong returns while contributing positively to the communities it serves.
Average Trading Volume: 70,702
Technical Sentiment Signal: Buy
Current Market Cap: £3.28B
For an in-depth examination of BGEO stock, go to TipRanks’ Overview page.