TBC Bank Group PLC Dividend Currency Con.Rate & Scrip Ref.Share Price (5045M)
September 15 2023 - 3:00AM
UK Regulatory
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RNS Number : 5045M
TBC Bank Group PLC
15 September 2023
Dividend Currency Conversion Rate and Scrip Reference Share
Price
TBC Bank Group PLC ("TBC PLC") today announces that the Georgian
Lari to Pound Sterling exchange rate that will apply to the interim
dividend payments will be 3.2783, being the average exchange rate
of the National Bank of Georgia for the period of 11-15 September
2023 inclusive (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 27.30 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 7 September 2023.
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 22 September
2023. 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 Investor Relations and International Media
Andrew Keeley
Or
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
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 3 8.8 % of
customer loans and 40.1 % of customer deposits as of 30 June 2023,
according to data published by the National Bank of Georgia.
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