NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES
OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION
WHERE TO DO SO WOULD BE UNLAWFUL.
This announcement does not contain,
constitute or form part of any offer or invitation to sell or
subscribe or any solicitation of any offer to purchase or subscribe
for any securities in any jurisdiction, and neither this
announcement (nor any part of it) nor the fact of its distribution
form the basis of, or may be relied upon in connection with, or act
as any inducement to enter into, any contract or commitment
whatsoever.
TBC Bank Group PLC ("TBC
PLC")
Admission to Trading on the
London Stock Exchange
TBC PLC announces that an
application has been made to the UK Listing Authority and the
London Stock Exchange for 871,937 new ordinary shares of TBC PLC
(the "Scrip Dividend
Shares") to be admitted to
the premium segment of the Official List of the Financial Conduct
Authority and to be traded on the main market of the London Stock
Exchange for listed securities
("Admission").
The Scrip Dividend Shares
will be issued pursuant to the terms of a scrip dividend programme
in respect of the final dividend declared on 16 February 2024, and
will rank pari passu in
all respects with TBC PLC's existing ordinary shares. It is
expected that Admission of the Scrip Dividend Shares will become
effective at 8:00 a.m. on 22 July 2024.
Total voting rights
Following Admission, TBC PLC will
have 56,202,664 ordinary shares in issue (excluding ordinary shares
acquired pursuant to the previously announced share buyback
programme pending weekly cancellations of such shares). The total
number of voting rights that may be used by shareholders in TBC PLC
as the denominator for calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of TBC PLC under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules will
therefore be 56,202,664.
For
further enquiries, please contact:
Director of Investor
Relations
Andrew Keeley
Or
Head of Investor
Relations
Anna Romelashvili
ir@tbcbank.com.ge
About TBC Bank Group PLC ("TBC PLC")
TBC Bank Group PLC ("TBC PLC") is a
public limited company registered
in England and Wales. TBC PLC is the parent company
of JSC TBC Bank ("TBC Bank") and a group of companies that
principally operate in Georgia in the financial sector.
TBC PLC also offers non-financial services via TNET, the largest
digital ecosystem in Georgia. Since 2019, TBC PLC has expanded
its operations into Uzbekistan by operating fast growing
retail digital financial services in the country. TBC PLC is listed
on the London Stock Exchange under the symbol TBCG and is a
constituent of the FTSE 250 Index. It is also a member of the
FTSE4Good Index Series and the MSCI United Kingdom Small Cap
Index.
TBC Bank, together with its
subsidiaries, is a leading universal banking group in Georgia, with
a total market share of 39.1% of customer loans and 39.5% of
customer deposits as of 31 March 2024, according to data published
by the National Bank of Georgia on the analytical tool
Tableau.
IMPORTANT
NOTICE
The
securities referred to herein have not been, and will not be,
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), or under
the securities law of any state or other jurisdiction of the United
States and may not be offered, sold or delivered, directly or
indirectly, in or into the United States or to U.S. persons, except
pursuant to an applicable exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act. No
public offering of the securities will be made in the United
States.