Dividend Currency Con.Rate & Scrip Ref.Share Price

RNS Number : 3807A

TBC Bank Group PLC

23 September 2022

 

TBC Bank Group PLC

Dividend Currency Conversion Rate and Scrip Reference Share Price  

On 12 August 2022, the Board of Directors of TBC Bank Group PLC ("TBC PLC") has declared an interim dividend of GEL 2.5 per TBC PLC share (the "Interim Dividend"). The Interim Dividend will be paid in Pounds Sterling on 14 October 2022 to shareholders who were on the TBC PLC register of members on the record date of 16 September 2022. The ex-dividend date for the Interim Dividend was 15 September 2022.

TBC PLC today announces that the Georgian Lari to Pound Sterling exchange rate that will apply to the Interim Dividend payments will be 3.2304, being the average exchange rate of the National Bank of Georgia for the period of 19 September to and including of 23 September 2022 (5 days average).

TBC PLC today announces that the scrip reference share price that will be used in calculating the entitlement of those who have elected to participate in TBC PLC's scrip dividend scheme (the "Scrip Dividend Scheme") is 17.55 GBP (the "Scrip Reference Share Price"). The Scrip Reference Share Price is based on the average of the closing middle market quotations for the Company's ordinary shares, as derived from the London Stock Exchange Daily Official List, for the five business days commencing on the ex-dividend date of 15 September 2022.

Shareholders who hold their shares in CREST and who wish to elect to participate in the Scrip Dividend Scheme should, if they have not already done so, complete a Dividend Election Input Message via CREST no later than 4:30 p.m. (UK time) on 30 September 2022. Full terms and conditions of the Scrip Dividend Scheme are available on TBC PLC's website,  www.tbcbankgroup.com .

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 39.1% of customer loans and 40.7% of customer deposits as of 30 June 2022, according to data published by the National Bank of Georgia.

 

END

 

 

MSCPPUMUBUPPPGP