TBC Bank Group PLC EBT Share Purchase

RNS Number : 7669R

TBC Bank Group PLC

10 June 2024

 

EBT Share Purchase

Further to its announcement of 10 May 2024, TBC Bank Group PLC (the "Company") has been notified that Apex Fiduciary Services Limited, the trustee of its Employee Benefit Trust (the "EBT"), has on 7 June 2024 purchased 33,566 ordinary shares of 1p each in the Company ("Ordinary Shares") at an average price of 2561.6002 pence per Ordinary Share.

 

These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the awards of share options granted to employees of the Company. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company.

 

Further updates will be made as required.

 

 

 

 

For further enquiries, please contact:

Director of Investor Relations

Andrew Keeley

 

Or

 

Head of Investor Relations

Anna Romelashvili

[e-mail]

 

 

 

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 39.1% of customer loans and 39.5% of customer deposits as of 31 March 2024, according to data published by the National Bank of Georgia on the analytical tool Tableau.

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