TBC Bank Group PLC Holding(s) in Company (4644J)

TIDMTBCG

RNS Number : 4644J

TBC Bank Group PLC

28 June 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                         TBC BANK GROUP Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ----------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
-------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                         X 
-----------------------------------------------------------------  ------------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  ------------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  ------------------------------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  ------------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  ------  ------------------------------------- 
 3. Full name of person(s)                                          Société Générale 
  subject to the                                                                              SA (SG SA) 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                                                   28/06/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                                      28/06/2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                                                    Below 5% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the 
  of             to the triggering                             triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------------  -------------------------------------------------------------- 
                Number                      Number            Number      Number of voting              % of voting 
                 of                          of               of shares    rights                        rights (x) 
                 Shares                      Voting 
                                             Rights 
-------------  --------------------------  ----------------  ----------  ----------------------------  -------------------- 
                                                              Direct      Direct         Indirect       Direct     Indirect 
                                                                          (xi)           (xii) 
-------------      ---------  -----------      ------------  ----------  -------------  -------------  ---------  --------- 
 GB00BYT18307                                                     0            0              0            0          0 
                                                             ----------  -------------  -------------  ---------  --------- 
   Ordinary 
     share              2,807,734              2,807,734 
-------------  --------------------------  ----------------    --------    -----------      ---------    -------  --------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                     Number of        % of voting 
 financial           date                      Conversion                   voting            rights 
 instrument          (xiii)                    Period (xiv)                 rights that 
                                                                            may be 
                                                                            acquired if 
                                                                            the 
                                                                            instrument 
                                                                            is 
                                                                            exercised/ 
                                                                            converted. 
-----------------  ------------------------  ----------------------------  ---------------  ------------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/       Number of voting           % of voting 
 financial        price         date             Conversion      rights instrument          rights (xix, 
 instrument                     (xvii)           period          refers to                  xx) 
                                                 (xviii) 
---------------  -----------  ---------------  --------------  -------------------------  --------------------------------- 
 
 
 
                                                       Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
                   Number of voting rights                                      Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------------ 
                              0                                                              0 
-------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder: 
-------------------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  --------------------------- 
 14. Contact name:                                              Investment Banking Control 
                                                                                      Room 
-------------------------------------------------------------  --------------------------- 
 15. Contact telephone number:                                     [phone] / 6969 
-------------------------------------------------------------  --------------------------- 
 
 

For further enquiries, please contact:

Head of Investor Relations

Anna Romelashvili

[e-mail]

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 30.3% of loans (or 37.8% taking into account TBC Bank's holding in JSC Bank Republic and 33.4% of non-banking deposits (or 37.6% taking into account TBC Bank's holding in JSC Bank Republic) as at 31 March 2017, according to the data published by the National Bank of Georgia.

HOLEADKPALDXEFF

(END) Dow Jones Newswires

June 28, 2017 09:44 ET (13:44 GMT)