Georgian Stocks on the LSE Return to Growth: Georgia Capital Gains More Than 11%
The past week significantly changed the picture for Georgian-linked companies traded on the London Stock Exchange. After a mixed performance at the end of July, all three stocks ended the 3–7 August period higher, with Georgia Capital posting the strongest gain.
Georgia Capital (CGEO) was the clear leader of the week. Shares of the investment group rose from £39.55 to £44.00, gaining 11.25%. On Tuesday, the price climbed as high as £46.85, setting a new 52-week high, before giving back part of the advance later in the week.
The rally coincided with the publication of Georgia Capital’s half-year results. The company reported that NAV per share increased by 13.1% in the second quarter to GEL 175.12. The group also continued to reduce its leverage: following the planned early redemption on 19 August of the remaining USD 50 million of bonds, Georgia Capital expects to become debt-free at the holding-company level. The company is also continuing its capital return programme and expanding its share buyback.
Lion Finance Group (BGEO) also delivered a strong performance. The group’s shares ended Friday at £124.40, up 7.15% from the previous week’s close. Closing prices increased throughout all five trading sessions, while the shares reached £125.10 on Friday, setting a new 52-week high. BGEO gained 2.22% in the final session alone and was among the more notable gainers in the FTSE 100.
By the end of Friday’s trading, Lion Finance Group’s market capitalisation was estimated at approximately £5.24 billion, allowing it to retain its position as the largest of the three companies covered.
TBC Bank Group (TBCG) also finished the week in positive territory, although its advance was more moderate. The share price increased from £48.12 to £49.36, or 2.58%. On Friday, the shares traded as high as £50.65, approaching the upper end of their 52-week trading range.
TBC’s performance came against the backdrop of the group’s second-quarter and first-half results. Net profit reached GEL 386 million in the second quarter, up 12% year on year, while first-half net profit increased by 13% to GEL 751 million. Return on equity amounted to 23.6% in the second quarter. The Board of Directors also declared a quarterly dividend of GEL 1.75 per share.
Following the weak and uneven performance of the previous week, Georgian stocks on the LSE therefore returned to broad-based growth. Georgia Capital was the clear leader with a gain of more than 11%, Lion Finance Group reached a new 52-week high, while TBC Bank Group received additional support from strong half-year financial results.
The combined market value of the three groups stood at approximately £9.3 billion by the end of the week, with Lion Finance Group continuing to account for more than half of the total.
Weekly performance is calculated using the closing prices of 31 July and 7 August 2026. Share prices are stated in pounds sterling.
Georgia Capital (CGEO) was the clear leader of the week. Shares of the investment group rose from £39.55 to £44.00, gaining 11.25%. On Tuesday, the price climbed as high as £46.85, setting a new 52-week high, before giving back part of the advance later in the week.
The rally coincided with the publication of Georgia Capital’s half-year results. The company reported that NAV per share increased by 13.1% in the second quarter to GEL 175.12. The group also continued to reduce its leverage: following the planned early redemption on 19 August of the remaining USD 50 million of bonds, Georgia Capital expects to become debt-free at the holding-company level. The company is also continuing its capital return programme and expanding its share buyback.
Lion Finance Group (BGEO) also delivered a strong performance. The group’s shares ended Friday at £124.40, up 7.15% from the previous week’s close. Closing prices increased throughout all five trading sessions, while the shares reached £125.10 on Friday, setting a new 52-week high. BGEO gained 2.22% in the final session alone and was among the more notable gainers in the FTSE 100.
By the end of Friday’s trading, Lion Finance Group’s market capitalisation was estimated at approximately £5.24 billion, allowing it to retain its position as the largest of the three companies covered.
TBC Bank Group (TBCG) also finished the week in positive territory, although its advance was more moderate. The share price increased from £48.12 to £49.36, or 2.58%. On Friday, the shares traded as high as £50.65, approaching the upper end of their 52-week trading range.
TBC’s performance came against the backdrop of the group’s second-quarter and first-half results. Net profit reached GEL 386 million in the second quarter, up 12% year on year, while first-half net profit increased by 13% to GEL 751 million. Return on equity amounted to 23.6% in the second quarter. The Board of Directors also declared a quarterly dividend of GEL 1.75 per share.
Following the weak and uneven performance of the previous week, Georgian stocks on the LSE therefore returned to broad-based growth. Georgia Capital was the clear leader with a gain of more than 11%, Lion Finance Group reached a new 52-week high, while TBC Bank Group received additional support from strong half-year financial results.
The combined market value of the three groups stood at approximately £9.3 billion by the end of the week, with Lion Finance Group continuing to account for more than half of the total.
Weekly performance is calculated using the closing prices of 31 July and 7 August 2026. Share prices are stated in pounds sterling.
