Business
GEL 53.5m extension to the share buyback programme
Lion Finance Group PLC has announced an extension to its share buyback and cancellation programme, approving an additional GEL 53.5 million for repurchases. This initiative aligns with the Group's capital return policy, aiming for a dividend/share buyback payout ratio between 30-50% of annual profits. The extended programme will commence shortly and conclude by the Company's Annual General Meeting in May 2026, with shares being bought on the open market and cancelled monthly. A maximum of 3,840,951 shares can be repurchased under the programme, which will be managed by Cavendish Capital Markets Limited. Disclaimer*
About this update from Lion Finance Group Plc
[{"type":"text","content":"\n\n\n \nLondon, 25 February 2026\n \nLion Finance Group PLC announces GEL 53.5 million share buyback programme extension\nLion Finance Group PLC (the \"Company\" or the \"Group\") announces today that its Board of Directors (the \"Board\") has approved a GEL 53.5 million extension to the share 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.\nThe Programme will commence shortly and end no later than the Company's Annual General Meeting 2026 (expected to be in May 2026) and 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 3,840,951. 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.\n \nThe Company will make further announcements in due course following the completion of any share repurchases.\n \n \nName of authorised official of issuer responsible for making notification: Nini Arshakuni, Head of Investor Relations\nAbout Lion Finance Group PLC\nLion Finance Group PLC (LSE: BGEO LN) is a FTSE 250 holding 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 crea...