TBC Bank Group PLC Additional Listing (7998L)
23 April 2018 - 9:15PM
UK Regulatory
TIDMTBCG
RNS Number : 7998L
TBC Bank Group PLC
23 April 2018
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA,
CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE
UNLAWFUL.
This announcement does not contain, constitute or form part of
any offer or invitation to sell or subscribe or any solicitation of
any offer to purchase or subscribe for any securities in any
jurisdiction, and neither this announcement (nor any part of it)
nor the fact of its distribution form the basis of, or may be
relied upon in connection with, or act as any inducement to enter
into, any contract or commitment whatsoever.
23 April 2018
TBC Bank Group PLC ("TBC Bank")
Admission to Trading on the London Stock Exchange
TBC Bank announces that an application has been made to the UK
Listing Authority and the London Stock Exchange for 635,060 new
ordinary shares of TBC Bank (the "Offer Shares") to be admitted to
the premium segment of the Official List of the Financial Conduct
Authority and to be traded on the main market of the London Stock
Exchange for listed securities ("Admission").
The Offer Shares will be issued pursuant to the terms of a
private offer (the "Offer") to the holders of the ordinary shares
of JSC TBC Bank ("Bank Shares") who have tendered Bank Shares
pursuant to the Offer. The holders of Bank Shares are individuals
that did not participate in previous tender offers to holders made
in 2016 and 2017 by TBC Bank. Holders of Bank Shares will receive
one Offer Share for each Bank Share tendered pursuant to the
Offer.
In accordance with terms sent to holders of Bank Shares on 23
March 2018, the Offer expired at 18:00 (Tbilisi time) on 16 April
2018. TBC Bank confirms that 635,060 Bank Shares were tendered
pursuant to the Offer. The resulting 635,060 Offer Shares will rank
pari passu in all respects with TBC Bank's existing ordinary
shares. It is expected that Admission of the Offer Shares will
become effective at 8:00 a.m (London time) on 24 April 2018.
Total voting rights
Following Admission, TBC Bank will have 54,185,567 ordinary
shares in issue of which none are held in Treasury. The total
number of voting rights that may be used by shareholders in TBC
Bank as the denominator for calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of TBC Bank under
the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules will therefore be 54,185,567. The Offer Shares
rank pari passu in all respects with TBC Bank's existing ordinary
shares.
ENDS
Enquiries:
TBC Bank
Anna Romelashvili
Head of Investor Relations
E-mail: ir@tbcbank.com.ge
For further information: http://tbcbankgroup.com/
About TBC Bank
TBC Bank, together with its subsidiaries, is the leading
universal banking group in Georgia, with a total market share of
38.2% of loans and 39.8% of non-banking deposits as at 31 December
2017, according to the data published by the National Bank of
Georgia.
IMPORTANT NOTICE
The securities referred to herein have not been, and will not
be, registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act"), or under the securities law of any state or
other jurisdiction of the United States and may not be offered,
sold or delivered, directly or indirectly, in or into the United
States or to U.S. persons, except pursuant to an applicable
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act. No public offering
of the securities will be made in the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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