REG - TBC Bank Group PLC - Result of AGM

TBC BankAnnouncement

Tue 13:45

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RNS Number : 4508J  TBC Bank Group PLC  20 May 2025

TBC Bank Group PLC

(the "Company")

Result of AGM

The Annual General Meeting of the Company was held at 10:00 am on 20 May 2025
at the offices of Baker McKenzie, 280 Bishopsgate, London EC2M 4AG, United
Kingdom. 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                                  39,952,672  100.00%          0              0.00%            39,952,672   71.08                            28,981
 2   To approve the directors' remuneration report                              33,615,553  87.44%           4,827,483      12.56%           38,443,036   68.39                            1,538,617
 3   To approve an increase to the maximum aggregate fees payable to directors  38,442,500  100.00%          533            0.00%            38,443,033   68.39                            1,538,620
 4   To reappoint Arne Berggren as a director                                   37,897,669  94.79%           2,083,865      5.21%            39,981,534   71.13                            119
 5   To reappoint Vakhtang Butskhrikidze as a director                          39,981,534  100.00%          0              0.00%            39,981,534   71.13                            119
 6   To reappoint Tsira Kemularia as a director                                 39,503,002  98.80%           478,532        1.20%            39,981,534   71.13                            119
 7   To reappoint Per Anders Fasth as a director                                39,505,949  98.81%           475,585        1.19%            39,981,534   71.13                            119
 8   To reappoint Thymios P. Kyriakopoulos as a director                        39,980,280  100.00%          1,254          0.00%            39,981,534   71.13                            119
 9   To reappoint Eran Klein as a director                                      39,957,335  99.94%           24,199         0.06%            39,981,534   71.13                            119
 10  To reappoint Venera Suknidze as a director                                 39,482,779  98.75%           498,755        1.25%            39,981,534   71.13                            119
 11  To reappoint Rajeev Sawhney as a director                                  39,954,352  99.93%           27,182         0.07%            39,981,534   71.13                            119
 12  To reappoint Janet Heckman as a director                                   39,597,902  99.04%           383,632        0.96%            39,981,534   71.13                            119
 13  To declare a final dividend                                                39,981,537  100.00%          0              0.00%            39,981,537   71.13                            116
 14  To appoint Ernst & Young LLP as the Company's auditor                      39,615,855  99.95%           18,825         0.05%            39,634,680   70.51                            346,973
 15  To authorise the audit committee to determine the auditor's remuneration   39,970,525  99.97%           11,012         0.03%            39,981,537   71.13                            116
 16  To authorise the offer of scrip shares in place of a cash dividend at the  39,981,433  100.00%          104            0.00%            39,981,537   71.13                            116
     discretion of the board
 17  To give authority to allot securities up to a specified amount             37,315,767  93.33%           2,665,770      6.67%            39,981,537   71.13                            116
 18  To disapply statutory pre-emption rights                                   36,310,596  90.82%           3,670,941      9.18%            39,981,537   71.13                            116
 19  To give authority to make market purchases of the Company's shares         39,974,254  100.00%          254            0.00%            39,974,508   71.11                            7,145
 20  To permit General Meetings on not less than 14 clear days' notice          36,889,170  92.27%           3,092,367      7.73%            39,981,537   71.13                            116

 

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 56,211,873 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 2024
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 Investor Relations
Andrew Keeley

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's mission is to make people's lives easier by providing
digitally-led financial services to retail and corporate customers. TBC Bank
Group PLC ("TBC PLC") is a public limited company registered in England and
Wales and is the parent company of TBC Bank Georgia and TBC Uzbekistan.

 

TBC Bank Georgia, together with its subsidiaries, is the leading financial
services group in Georgia, with a total market share of 38.0% of customer
loans and 36.9% of customer deposits as of 31 March 2025, according to data
published by the National Bank of Georgia.

TBC Uzbekistan is the leading digital banking ecosystem in Central Asia with
20 mln unique registered users that includes TBC Bank Uzbekistan, the
country's largest mobile-only bank, Payme, a leading digital payments app for
individuals and small businesses, and Payme Nasiya, an instalment credit
business.

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.

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