London, 28 February 2025
Lion Finance Group PLC announces notification of transactions of Directors/Persons Discharging Managerial Responsibilities and Connected Persons
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Sulkhan Gvalia |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
PDMR, Deputy CEO, CFO |
|
| b) |
Initial notification/ Amendment |
Initial notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Lion Finance Group PLC |
|
| b) |
LEI |
213800XKDG12NQG8VC53 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.01 each in Lion Finance Group PLC ISIN: GB00BF4HYT85 |
|
| b) |
Nature of the transaction |
Exercise of 65,794 nil-cost options over ordinary shares |
|
| c) |
Price(s) and volume(s) |
Price(s) N/A |
Volume(s) 65,794 |
| d) |
Aggregated information - Aggregated volume - Price |
Exercise of 65,794 nil-cost options over ordinary shares. Please note that 14,212 ordinary shares were withheld to meet tax liabilities, resulting in Sulkhan Gvalia receiving 51,582 ordinary shares. |
|
| e) |
Date of the transaction |
27 February 2025 |
|
| f) |
Place of the transaction |
Outside of a trading venue |
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Nutsa Gogilashvili |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
PDMR, Deputy CEO, Head of Mass Retail and Micro Business Banking |
|
| b) |
Initial notification/ Amendment |
Initial notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Lion Finance Group PLC |
|
| b) |
LEI |
213800XKDG12NQG8VC53 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.01 each in Lion Finance Group PLC ISIN: GB00BF4HYT85 |
|
| b) |
Nature of the transaction |
Exercise of 12,209 nil-cost options over ordinary shares |
|
| c) |
Price(s) and volume(s) |
Price(s) N/A |
Volume(s) 12,209 |
| d) |
Aggregated information - Aggregated volume - Price |
Exercise of 12,209 nil-cost options over ordinary shares. Please note that 2,638 ordinary shares were withheld to meet tax liabilities, resulting in Nutsa Gogilashvili receiving 9,571 ordinary shares. |
|
| e) |
Date of the transaction |
28 February 2025 |
|
| f) |
Place of the transaction |
Outside of a trading venue |
|
| 1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
| a) |
Name |
Zurab Kokosadze |
|
| 2 |
Reason for the notification |
||
| a) |
Position/status |
PDMR, Deputy CEO, Corporate Banking |
|
| b) |
Initial notification/ Amendment |
Initial notification |
|
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) |
Name |
Lion Finance Group PLC |
|
| b) |
LEI |
213800XKDG12NQG8VC53 |
|
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.01 each in Lion Finance Group PLC ISIN: GB00BF4HYT85 |
|
| b) |
Nature of the transaction |
Exercise of 35,395 nil-cost options over ordinary shares |
|
| c) |
Price(s) and volume(s) |
Price(s) N/A |
Volume(s) 35,395 |
| d) |
Aggregated information - Aggregated volume - Price |
Exercise of 35,395 nil-cost options over ordinary shares. Please note that 7,646 ordinary shares were withheld to meet tax liabilities, resulting in Zurab Kokosadze receiving 27,749 ordinary shares. |
|
| e) |
Date of the transaction |
28 February 2025 |
|
| f) |
Place of the transaction |
Outside of a trading venue |
|
For further information, please contact: Computershare Company Secretarial Services Limited, LionFinanceGroup-CoSec@computershare.co.uk
Name of authorised official of issuer responsible for making notification: Computershare Company Secretarial Services Limited, Company Secretary
About Lion Finance Group PLC
Lion Finance Group PLC (LSE: BGEO LN) is a FTSE 250 holding company whose 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 or contact:
| Michael Oliver |
Sam Goodacre |
Nini Arshakuni |
| Adviser to the CEO |
Adviser to the CEO |
Head of Investor Relations |
| +44 203 178 4034 |
+44 745 398 8513 |
+44 203 178 4034 |
| 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