TBC Bank Group PLC Increase in the Share Capital of JSC TBC Bank (3762W)
09 February 2017 - 2:39AM
UK Regulatory
TIDMTBCG
RNS Number : 3762W
TBC Bank Group PLC
08 February 2017
Increase in the Share Capital of JSC TBC Bank
TBC Bank Group PLC ("TBC PLC") announces that, subsequent to its
investment in JSC TBC Bank ("TBC Bank") on 29 December 2016,
certain minority shareholders of TBC Bank have executed their
options to subscribe for the additional shares in TBC Bank pro-rata
to their existing holdings. Consequently, the share capital of TBC
Bank has increased by 754 shares and is therefore now comprised of
52,539,769 outstanding shares as of 8 February 2017.
As of 8 February 2017, TBC PLC owns 51,738,529 shares in the
issued share capital of TBC Bank which represents 98.47% of TBC
Bank's issued share capital.
For further enquiries, please contact:
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
About 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.
About TBC Bank
TBC Bank, together with its subsidiaries, is the leading
universal banking group in Georgia, with a total market share of
29.7% of loans (or 37.2% taking into account TBC Bank's holding in
JSC Bank Republic and 30.6% of non-banking deposits (or 35.5%
taking into account TBC Bank's holding in JSC Bank Republic) as at
30 September 2016, according to the data published by the NBG.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSSMFIAFWSEDE
(END) Dow Jones Newswires
February 08, 2017 10:39 ET (15:39 GMT)
Tbc Bank (LSE:TBCG)
Historical Stock Chart
From Apr 2024 to May 2024
Tbc Bank (LSE:TBCG)
Historical Stock Chart
From May 2023 to May 2024