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.
Admission to Trading on the London Stock Exchange
TBC Bank Group PLC ("TBC PLC") announces that an application has been made to the UK Listing Authority and the London Stock Exchange for 58,762 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 21 May 2018, 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 June 2018.
Total voting rights
Following Admission, TBC PLC will have 54,244,329 ordinary shares in issue of which none are held in Treasury. 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 54,244,329.
ENDS
For further enquiries, please contact:
Head of Investor Relations
Anna Romelashvili
About TBC Bank Group PLC ("TBC PLC")
TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG.
TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 37.8% of loans and 38.9% of non-banking deposits as at 31 March 2018, according to data published by the National Bank of Georgia.
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.