Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an update.
Lion Finance Group PLC has announced a market purchase of shares for its Executive Benefit Trust, with Apex Group Fiduciary Services Limited acquiring 37,840 shares at an average price of £52.34 per share. This transaction, which increases the total shares held by the Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust to 843,051, represents approximately 1.91% of the Group’s issued ordinary share capital. The purchase is intended to satisfy awards for beneficiaries, including executive directors and managerial staff, highlighting the company’s commitment to rewarding its key personnel and aligning their interests with corporate performance.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that operates through its main subsidiaries, providing banking and financial services primarily in the high-growth markets of Georgia and Armenia. The company focuses on customer-centric universal banking through Bank of Georgia and Ameriabank, aiming to drive business growth, sustain high profitability, and generate strong returns while contributing positively to the communities it serves.
YTD Price Performance: 3.10%
Average Trading Volume: 71,458
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.14B
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