Tbilisi (GBC) - Lion Finance Group PLC (the "Company") confirms that it is participating in a process with respect to the intended sale by HSBC Continental Europe ("HSBC") of its stake in the Target. There can be no certainty that any agreement will be reached in relation to the possible acquisition by the Company of HSBC's stake. 

The Company will update the market in due course.

HSBC Continental Europe (HBCE) is a subsidiary of the HSBC Group in Paris, which has a portfolio of several European countries, including a 70% stake in HSBC Bank Malta. It is this stake that HBCE (or HSBC Continental Europe), which leads the shareholder base of HSBC Bank Malta, is in the process of selling.

As of December 31, 2024, the total assets of HSBC Bank Malta plc exceeded €7 billion. The bank showed record financial indicators in 2024: profit before tax of €154.5 million, net profit - €100.1 million, ROE = 17.5%.