REG - Lion Finance Grp PLC - GEL 55 million share buyback extension

Lion FinanceAnnouncement

Today 07:00

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RNS Number : 3192D  Lion Finance Group PLC  07 May 2026

 

London, 7 May 2026

 

Lion Finance Group PLC announces GEL 55.0 million share buyback programme
extension

Lion Finance Group PLC (the "Company" or the "Group") announces today that its
Board of Directors (the "Board") has approved a GEL 55.0 million extension to
the buyback and cancellation programme (the "Programme").  The Programme is
consistent with the Group's capital return policy to target a dividend/share
buyback payout ratio in the range of 30-50% of annual profits.

The programme will commence shortly and end no later than the Company's Annual
General Meeting 2026 (on 22 May 2026, the "2026 AGM") and renewed shareholder
authority for buybacks will be sought at the Annual General Meeting 2026. The
shares will be purchased in the open market.  The purpose of the buyback is
to reduce the Group's share capital, and the cancellation of the treasury
shares repurchased will be executed on a monthly basis. The Programme will be
conducted within certain pre-set parameters, and in accordance with the
general authority to repurchase shares granted at the 2025 Annual General
Meeting, Chapter 9 of the FCA UK Listing Rules, and the provisions of the
Market Abuse Regulation 596/2014/EU and of the Commission Delegated Regulation
(EU) 2016/1052 (as they form part of UK domestic law). The maximum number of
shares that may be repurchased under the programme is 3,698,973. The Company
has appointed Cavendish Capital Markets Limited ("Cavendish") to manage the
Programme. During any closed periods the Company and its directors have no
power to invoke any changes to the Programme and it will be executed at the
sole discretion of Cavendish.

 

The Company will make further announcements in due course following the
completion of any share repurchases.

 

 

 

 

 

 

 

 

Name of authorised official of issuer responsible for making notification:
Nini Arshakuni, Head of Investor Relations

About Lion Finance Group PLC

Lion Finance Group PLC (LSE: BGEO LN) is an LSE-listed company whose main
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building
on our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.

Legal Entity Identifier: 213800XKDG12NQG8VC53

For further information, please visit www.lionfinancegroup.uk
(https://lionfinancegroup.uk/) or contact:

 

 Sam Goodacre                                Nini Arshakuni
 Adviser to the CEO                          Head of Investor Relations
 +44 203 178 4034                            +44 203 178 4034
 sgoodacre@lfg.uk (mailto:sgoodacre@lfg.uk)  ir@lfg.uk

 

 

This news report is presented for general informational purposes only and
should not be construed as an offer to sell or the solicitation of an offer to
buy any securities

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