REG - TBC Bank Group PLC - Result of AGM

TBC BankAnnouncement

16/06/2022 14:30

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RNS Number : 1862P  TBC Bank Group PLC  16 June 2022

TBC Bank Group PLC
(the "Company")

 

Result of AGM

The Annual General Meeting of the Company was held at 11:00 am on 16 June 2022
at the offices of Baker McKenzie, 100 New Bridge Street, London EC4V 6JA. All
resolutions presented at the AGM were put to the meeting on a poll and all
were passed with the requisite majority. The full results are detailed below.

 N   Resolution                                                                      Votes for   % of votes cast  Votes against  % of votes cast  Total votes  % of issued share capital voted  Votes withheld
 1   To receive the annual report and accounts                                       40,211,441  100.00%          0              0.00%            40,211,441   72.91                            413,297
 2   To approve the directors' remuneration report                                   38,460,517  98.45%           605,254        1.55%            39,065,771   70.83                            1,558,967
 3   To reappoint Arne Berggren as a director                                        39,981,666  98.43%           638,048        1.57%            40,619,714   73.65                            5,024
 4   To reappoint Vakhtang Butskhrikidze as a director                               40,606,808  99.97%           13,131         0.03%            40,619,939   73.65                            4,799
 5   To reappoint Maria Luisa Cicognani as a director                                40,389,914  99.43%           229,800        0.57%            40,619,714   73.65                            5,024
 6   To reappoint Tsira Kemularia as a director                                      40,606,566  99.97%           13,148         0.03%            40,619,714   73.65                            5,024
 7   To reappoint Per Anders Fasth as a director                                     40,606,359  99.97%           13,148         0.03%            40,619,507   73.64                            5,231
 8   To reappoint Thymios P. Kyriakopoulos as a director                             40,606,359  99.97%           13,148         0.03%            40,619,507   73.64                            5,231
 9   To reappoint Eran Klein as a director                                           40,219,502  99.97%           13,148         0.03%            40,232,650   72.94                            392,088
 10  To appoint Venera Suknidze as a director                                        40,606,323  99.97%           13,148         0.03%            40,619,471   73.64                            5,267
 11  To appoint Rajeev Sawhney as a director                                         40,606,323  99.97%           13,148         0.03%            40,619,471   73.64                            5,267
 12  To declare a final dividend                                                     40,624,610  100.00%          0              0.00%            40,624,610   73.65                            128
 13  To reappoint PricewaterhouseCoopers LLP as the Company's auditor                37,448,013  93.07%           2,789,436      6.93%            40,237,449   72.95                            387,289
 14  To authorise the Audit Committee to determine the auditor's remuneration        40,614,961  99.98%           9,345          0.02%            40,624,306   73.65                            432
 15  To authorise the offer of scrip dividends to holders of the Company's ordinary  40,619,178  99.99%           4,799          0.01%            40,623,977   73.65                            761
     shares
 16  To give authority to allot securities up to a specified amount                  40,483,038  99.65%           141,268        0.35%            40,624,306   73.65                            432
 17  To disapply statutory pre-emption rights                                        38,481,562  94.73%           2,142,595      5.27%            40,624,157   73.65                            581
 18  To give authority to make market purchases of the Company's shares              40,226,468  99.04%           391,656        0.96%            40,618,124   73.64                            6,614
 19  To permit General Meetings on not less than 14 clear days' notice               37,984,948  94.41%           2,247,799      5.59%            40,232,747   72.94                            391,991

 

 

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 55,155,896 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 2021
Notice of Annual General Meeting on the Company's website,
www.tbcbankgroup.com (http://www.tbcbankgroup.com) .

6. In accordance with the UK Financial Conduct 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 Financial Conduct Authority
via the National Storage Mechanism and will shortly be available for
inspection at the National Storage Mechanism located at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

For further enquiries, please contact:

Director of International Media and Investor Relations

Zoltan Szalai

Or

Head of Investor Relations

Anna Romelashvili

ir@tbcbank.com.ge (mailto: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 and other closely related fields. TBC PLC also recently expanded its
operations in Uzbekistan. TBC PLC is listed on the London Stock Exchange under
the symbol TBCG and is a constituent of 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 38.9% of customer loans and 40.3% of
customer deposits as of 31 March 2022, according to data published by the
National Bank of Georgia.

 

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