Result of AGM

RNS Number : 1862P

TBC Bank Group PLC

16 June 2022

 

TBC Bank Group PLC
(the "Company")

Result of AGM

The Annual General Meeting of the Company was held at 11:00 am on 16 June 2022 at the offices of Baker McKenzie, 100 New Bridge Street, London EC4V 6JA. All resolutions presented at the AGM were put to the meeting on a poll and all were passed with the requisite majority. The full results are detailed below.

N	Resolution	Votes for	% of votes cast	Votes against	% of votes cast	Total votes	% of issued share capital voted	Votes withheld
1	To receive the annual report and accounts	40,211,441	100.00%	0	0.00%	40,211,441	72.91	413,297
2	To approve the directors' remuneration report	38,460,517	98.45%	605,254	1.55%	39,065,771	70.83	1,558,967
3	To reappoint Arne Berggren as a director	39,981,666	98.43%	638,048	1.57%	40,619,714	73.65	5,024
4	To reappoint Vakhtang Butskhrikidze as a director	40,606,808	99.97%	13,131	0.03%	40,619,939	73.65	4,799
5	To reappoint Maria Luisa Cicognani as a director	40,389,914	99.43%	229,800	0.57%	40,619,714	73.65	5,024
6	To reappoint Tsira Kemularia as a director	40,606,566	99.97%	13,148	0.03%	40,619,714	73.65	5,024
7	To reappoint Per Anders Fasth as a director	40,606,359	99.97%	13,148	0.03%	40,619,507	73.64	5,231
8	To reappoint Thymios P. Kyriakopoulos as a director	40,606,359	99.97%	13,148	0.03%	40,619,507	73.64	5,231
9	To reappoint Eran Klein as a director	40,219,502	99.97%	13,148	0.03%	40,232,650	72.94	392,088
10	To appoint Venera Suknidze as a director	40,606,323	99.97%	13,148	0.03%	40,619,471	73.64	5,267
11	To appoint Rajeev Sawhney as a director	40,606,323	99.97%	13,148	0.03%	40,619,471	73.64	5,267
12	To declare a final dividend	40,624,610	100.00%	0	0.00%	40,624,610	73.65	128
13	To reappoint PricewaterhouseCoopers LLP as the Company's auditor	37,448,013	93.07%	2,789,436	6.93%	40,237,449	72.95	387,289
14	To authorise the Audit Committee to determine the auditor's remuneration	40,614,961	99.98%	9,345	0.02%	40,624,306	73.65	432
15	To authorise the offer of scrip dividends to holders of the Company's ordinary shares	40,619,178	99.99%	4,799	0.01%	40,623,977	73.65	761
16	To give authority to allot securities up to a specified amount	40,483,038	99.65%	141,268	0.35%	40,624,306	73.65	432
17	To disapply statutory pre-emption rights	38,481,562	94.73%	2,142,595	5.27%	40,624,157	73.65	581
18	To give authority to make market purchases of the Company's shares	40,226,468	99.04%	391,656	0.96%	40,618,124	73.64	6,614
19	To permit General Meetings on not less than 14 clear days' notice	37,984,948	94.41%	2,247,799	5.59%	40,232,747	72.94	391,991

NOTES

1. Votes "For" and "Against" are expressed as a percentage of votes cast.

2. Votes "For" include discretionary votes.

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

4. The total number of shares in issue is 55,155,896 ordinary shares of £0.01. Ordinary shareholders are entitled to one vote per share held.

5. To view the full wording of the resolutions, please refer to the 2021 Notice of Annual General Meeting on the Company's website, www.tbcbankgroup.com.

6. In accordance with the UK Financial Conduct Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at the National Storage Mechanism located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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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