REG - TBC Bank Group PLC - Result of AGM
RNS Number : 7321OTBC Bank Group PLC21 May 2018TBC Bank Group PLC
(the "Company")
Result of AGM
The Annual General Meeting of the Company was held on 21 May 2018 at at 10:00 am at the offices of Baker McKenzie, 100 New Bridge Street, London. All resolutions were passed by the requisite majority on a poll.
Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to 21 were passed as special resolutions. The voting results are given below.
No
Resolution
Votes For
% of votes cast
Votes Against
% of votes cast
Total votes
% of issued share capital voted
Votes Withheld
1
To receive the accounts of the Company for the year ended 31 December 2017 together with the directors' report, the strategic report, the directors' remuneration report and the auditor's report.
46,200,230
99.26
346,440
0.74
46,546,670
85.90%
1,300
2
To approve the directors' remuneration report.
40,247,177
99.20
325,903
0.80
40,573,080
74.88%
5,974,890
3
To approve the directors' remuneration policy.
44,987,517
99.95
21,969
0.05
45,009,486
83.07%
1,538,484
4
To approve the Company's Long Term Inventive Plan.
44,947,517
99.86
61,969
0.14
45,009,486
83.07%
1,538,484
5
To declare a final dividend of GEL 1.64 per ordinary share of the Company .
46,547,970
100.00
0
0.00
46,547,970
85.90%
0
6
To reappoint Mamuka Khazaradze as a director of the Company.
45,372,243
97.47
1,175,727
2.53
46,547,970
85.90%
0
7
To reappoint Badri Japaridze as a director of the Company.
45,698,946
98.18
849,024
1.82
46,547,970
85.90%
0
8
To reappoint Nikoloz Enukidze as a director of the Company.
45,698,946
98.18
849,024
1.82
46,547,970
85.90%
0
9
To reappoint Stefano Marsaglia as a director of the Company.
46,333,439
99.54
214,531
0.46
46,547,970
85.90%
0
10
To reappoint Nicholas Dominic Haag as a director of the Company.
46,286,337
99.44
261,633
0.56
46,547,970
85.90%
0
11
To reappoint Eric J. Rajendra as a director of the Company.
44,658,398
96.27
1,730,948
3.73
46,389,346
85.61%
158,624
12
To reappoint Stephan Wilcke as a director of the Company.
45,698,946
98.18
849,024
1.82
46,547,970
85.90%
0
13
To reappoint Vakhtang Butskhrikidze as a director of the Company.
46,355,408
99.59
192,562
0.41
46,547,970
85.90%
0
14
To reappoint Giorgi Shagidze as a director of the Company.
46,196,501
99.24
351,469
0.76
46,547,970
85.90%
0
15
To reappoint PricewaterhouseCoopers LLP as auditor of the Company.
46,527,301
99.96
20,669
0.04
46,547,970
85.90%
0
16
To authorise the directors to determine the auditor's remuneration.
45,009,486
100.00
0
0.00
45,009,486
83.07%
1,538,484
17
To give the directors authority to allot shares up to a specified amount.
41,565,629
95.91
1,774,019
4.09
43,339,648
79.98%
3,208,322
18
To give the directors authority to allot equity securities on a non pre-emptive basis in connection with an offer or issue of equity securities.
41,252,032
95.18
2,087,616
4.82
43,339,648
79.98%
3,208,322
19
To give the directors authority to allot equity securities on a non pre-emptive basis in connection with the purposes of financing a transaction or capital investment.
40,013,426
92.33
3,326,222
7.67
43,339,648
79.98%
3,208,322
20
To authorise the Company to make market purchases of its own ordinary shares.
46,537,301
99.98
10,669
0.02
46,547,970
85.90%
0
21
To approve the holding of general meetings other than annual general meetings on 14 clear days' notice.
42,025,665
90.28
4,522,305
9.72
46,547,970
85.90%
0
NOTES
1. Votes "For" and "Against" are expressed as a percentage of votes cast.
2. Votes "For" include discretionary votes.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
4. The total number of shares in issue is 54,185,567 ordinary shares of £0.01. Ordinary shareholders are entitled to one vote per share held.
5. To view the full wording of the resolutions, please refer to the 2018 Notice of Annual General Meeting on the Company's website, www.tbcbankgroup.com/investors/shareholder-information/annual-general-meetings.
6. In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
For further enquiries, please contact:
Head of Investor Relations
Anna Romelashvili
About TBC Bank Group 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 37.8% of loans and 38.9% of non-banking deposits as at 31 March 2018, according to the data published by the National Bank of Georgia.
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