Transfer of Treasury Shares

RNS Number : 2102T

TBC Bank Group PLC

16 March 2023

 

Transfer of Treasury Shares

TBC Bank Group PLC ("TBC PLC") announces that, it has transferred 434,276 treasury shares, purchased under the Share Buyback Program as announced on 12 August 2022, to the employee benefit trust of TBC PLC at a nil cost consideration.

As a result of this transfer, TBC PLC's issued share capital, as of 16 March 2023, consists of 54,991,419 ordinary shares of which no shares are held in treasury. Accordingly, the total number of voting rights in TBC PLC is 54,991,419.

The total voting rights figure may be used by shareholders as the denominator to determine if they are required to notify their interest in voting rights, or a change to that interest, in TBC PLC's share capital under the FCA's Disclosure Guidance and Transparency Rules.

For further enquiries, please contact:
Director of Investor Relations and International Media
Andrew Keeley

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. 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 39.5% of customer loans and 40.3% of customer deposits as of 31 December 2022, according to data published by the National Bank of Georgia.

 

END

 

 

POSGCGDXLBBDGXL