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LONDON - Lion Finance Group PLC (LSE:BGEO LN), a FTSE 250 listed holding company, has announced its intention to propose a final dividend for the 2024 fiscal year, subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for June 16, 2025. The proposed dividend is GEL 5.62 per ordinary share.
If shareholders approve the dividend during the AGM, the company has outlined a specific timetable for the dividend process. The ex-dividend date is set for July 3, 2025, with the record date following on July 4, 2025, which is also the currency conversion date. The payment date for the dividend is slated for July 18, 2025. The exchange rate applied will be the average rate of the Georgian Lari to Pounds Sterling provided by the National Bank of Georgia for the period of June 30 to July 4, 2025.
Lion Finance Group PLC operates primarily in the Georgian and Armenian markets, where its main subsidiaries, Bank of Georgia and Ameriabank, provide banking and financial services. The company focuses on customer-centric, universal banking and aims to deliver high profitability and strong returns for its stakeholders while positively contributing to the communities where it operates.
The notification for this dividend proposal was made by Nini Arshakuni, Head of Investor Relations at Lion Finance Group PLC. This news report is based on a press release statement and is provided for informational purposes only, not constituting an offer to sell or a solicitation of an offer to buy any securities.
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