Holding(s) in Company

RNS Number : 6051N

TBC Bank Group PLC

01 June 2022

 

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			TBC Bank Group PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name			Mamuka Khazaradze
City and country of registered office (if applicable)			Tbilisi, Georgia
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:			31 May 2022
6. Date on which issuer notified (DD/MM/YYYY):			31 May 2022
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached	9.90%	0.00%		9.90%	55,155,896
Position of previous notification (if applicable)	8.82%	0.00%		8.82%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
GB00BYT18307		2,679,231		2,781,000			4.86%		5.04%
SUBTOTAL 8. A		5,460,231					9.90%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date	Exercise/ Conversion Period			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date		Exercise/ Conversion Period		Physical or cash Settlement			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)					X
Name		% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Mamuka Khazaradze's total shareholding		9.90%
The breakdown of total shareholding:
Mamuka Khazaradze via Liquid Crystal International S.A.R.Lholds:		5.04%
Liquid Crystal International S.A.R.L		5.04%
Bank Vontobel AG		5.04%
BNP Paribas Securities Services SCA		5.04%
Mamuka Khazaradze as a natural person holds:		3.50%
Bank Vontobel AG		3.50%
BNP Paribas Securities Services SCA		3.50%
Mamuka Khazaradze as a natural person holds:		1.36%
TBC Capital		1.36%
JSC TBC Bank		1.36%
Commerzbank AG		1.36%
Vidacos Nominees Limited		1.36%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information
This acquisition represents the return of shares to Mr. Khazaradze following the conclusion of the term of a previously disclosed repurchase agreement with Renaissance Securities (Cyprus) Limited. For further information please see the announcement published by TBC Bank Group Plc in connection with the repurchase agreement on 1 July 2019 (https://otp.tools.investis.com/clients/uk/tbc_bank/rns/regulatory-story.aspx?cid=2168&newsid=1308339).
Place of completion	Tbilisi, Georgia
Date of completion	31 May 2022

For further enquiries, please contact:

Director of International Media and Investor Relations
Zoltan Szalai

Or

Head of Investor Relations
Anna Romelashvili

[e-mail]

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 and other closely related fields. TBC PLC also recently expanded its operations in Uzbekistan. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of 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 38.9% of customer loans and 40.3% of customer deposits as of 31 March 2022, according to data published by the National Bank of Georgia.

 

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