Business
Director/PDMR Shareholding - Replacement
Director/PDMR Shareholding - Replacement.
About this update from Lion Finance Group Plc
[{"type":"text","content":"\n\n\nLondon, 27 June 2024\n \nBank of Georgia Group PLC announces market purchase of shares for its Executive Benefit Trust - Replacement Announcement\n \nThe following amendments have been made to the 'Bank of Georgia Group PLC announces market purchase of shares for its Executive Benefit Trust' announcement released on 13 June 2024 at 17:12 under RNS No. 3897S.\n \nThe Number of Shares held by the Trust following settlement the transaction was stated as '1,420,131' however it should have stated '1,015,586'.\n \nUpon settlement of the transactions, together Rubicon Executive Equity Compensation Trust and BOG Group Employee Trust was stated as 'a total of 1,420,131 Shares, representing approximately 2.25% of the Group's issued ordinary share capital' however it should have stated 'a total of 1,420,131 Shares, representing approximately 3.15% of the Group's issued ordinary share capital'.\n \nThe full amended text is shown below. All other details remain unchanged.\n \nBank of Georgia Group PLC announces market purchase of shares for its Executive Benefit Trust\n \nBank of Georgia Group PLC (the \"Group\") was notified by Apex Group Fiduciary Services Limited (\"Apex\"), acting as trustee as below, that Apex, through an independent broker, carried out the following purchase in the Group's ordinary shares with a nominal value of £0.01 each (\"Shares\") on the London Stock Exchange:\n \n\n\n\n\nApex Fiduciary Services Limited acting as trustee of the Rubicon Executive Equity Compensation Trust:\n\n\n\n\nNumber of Shares acquired\n\n\n28,114\n\n\n\n\nAverage price paid per Share (rounded to two decimal points)\n\n\n£36.99\n\n\n\n\nDate of transaction\n\n\n12 June 2024\n\n\n\n\nSettlement date of transaction\n\n\n14 June 2024\n\n\n\n\nNumber of Shares held by the Trust following settlement of the above transaction\n\n\n1,015,586\n\n\n\n\nNumber of Shares allocated to existing awards\n\n\n876,457\n\n\n\n\nPercentage of the Group's issued share capital (rounded to two decimal points)\n\n\n2.25%\n\n\n\n\n \nRubicon Executive Equity Compensation Trust holds Shares for the purpose of satisfying awards to be awarded to beneficiaries of the trust. The executive directors and persons discharging managerial responsibility of the Group are potential beneficiaries under the trust and are therefore t...