TBC Bank Group PLC

Pre-Annual General Meeting Information • May 3, 2017

National Storage Mechanism | Additional information

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RNS Number : 0209E

TBC Bank Group PLC

03 May 2017

Notice of Annual General Meeting

Further to the publication on 3 April 2017 of the TBC Bank Group PLC ("TBC PLC")  Annual Report for the financial year ended 31 December 2016, TBC PLC announces that it has, today, posted or made available to shareholders the notice of Annual General Meeting and related form of proxy (together, the "Notice of AGM").

The Notice of AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM. The Notice of AGM is also available on TBC PLC's website at www.tbcbankgroup.com.

The Annual General Meeting will be held at 10.00 am (BST) on Monday, 5 June 2017 at the offices of Baker McKenzie, 100 New Bridge Street, London EC4V 6JA (the "AGM").

The Notice of AGM includes a resolution to approve a final dividend of GEL 1.42 per TBC PLC share (the "Final Dividend"). If approved, the Final Dividend would be paid on 14 July 2017 (in GBP at the official exchange rate of the National Bank of Georgia for 15 June 2017) to shareholders who are on the register of members on the record date of 9 June 2017. The ex-dividend date for the Final Dividend would be 8 June 2017. 

In addition, subject to shareholder approval, TBC PLC plans to operate an optional scrip dividend scheme that will commence with the proposed Final Dividend and give shareholders the right to receive new ordinary shares in the capital of TBC PLC (credited as fully paid) instead of cash.

ENDS

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.

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 31.1% of loans (or 38.9% taking into account TBC Bank's holding in JSC Bank Republic and 33.0% of non-banking deposits (or 37.8% taking into account TBC Bank's holding in JSC Bank Republic) as at 31 December 2016, according to the data published by the National Bank of Georgia.

This information is provided by RNS

The company news service from the London Stock Exchange

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