REG - TBC Bank Group PLC - Holding(s) in Company

TBC BankAnnouncement

27/09/2019 12:05

RNS Number : 9850N
TBC Bank Group PLC
27 September 2019
 




The following announcement is made in accordance with DTR 5
 
TR-1: Standard form for notification of major holdings
 









1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:


TBC Bank Group PLC




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-UK issuer








2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments








An event changing the breakdown of voting rights








Other (please specify):








3. Details of person subject to the notification obligation




Name


Mamuka Khazaradze




City and country of registered office (if applicable)


Tbilisi, Georgia




4. Full name of shareholder(s) (if different from 3.)




Name


Vidacos Nominees Limited




City and country of registered office (if applicable)


London, United Kingdom




Name


JSC Galt & Taggart




City and country of registered office (if applicable)


Tbilisi, Georgia




5. Date on which the threshold was crossed or reached:


26 September 2019




6. Date on which issuer notified (DD/MM/YYYY):


27 September 2019




7. Total positions of person(s) subject to the notification obligation








% of voting rights attached to shares (total of 8. A)


% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights of issuer




Resulting situation on the date on which threshold was crossed or reached


10.29%


0.00%


10.29%


55,011,516
 




Position of previous notification (if
applicable)


11.89%


0.00%


11.89%
















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rights


% of voting rights




Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




GB00BYT18307






           
       5,658,048
 






10.29%




SUBTOTAL 8. A


5,658,048


                                 10.29%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




Type of financial instrument


Expiration

date


Exercise/

Conversion Period


Number of voting rights that may be acquired if the instrument is
exercised/converted.


% of voting rights












SUBTOTAL 8. B 1












 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration

date


Exercise/

Conversion Period


Physical or cash
settlement


Number of voting rights


% of voting rights
















SUBTOTAL 8.B.2












 
 
 















 
 
 
 



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer








Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)


X




Name


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




Mamuka Khazaradze's total shareholding


10.29%












The breakdown of total shareholding:
















Mamuka Khazaradze as a natural person holds:


3.59%












TBC Capital


3.59%












JSC TBC Bank


3.59%












Commerzbank AG


3.59%












Vidacos Nominees Limited


3.59%






























Mamuka Khazaradze via Liquid Crystal International S.A.R.L holds:


5.57%












Liquid Crystal International S.A.R.L


5.57%












TBC Capital


5.57%












JSC TBC Bank


5.57%












Commerzbank AG


5.57%












Vidacos Nominees Limited


5.57%






























Mamuka Khazaradze as a natural person holds:


1.13%
 












JSC Galt and Taggart


1.13%
 












JSC Bank of Georgia


1.13%
 












 
 
 
 




10. In case of proxy voting, please identify:




Name of the proxy holder








The number and % of voting rights held








The date until which the voting rights will be held














11. Additional information




This disposal has taken place pursuant to the terms of the repurchase agreement with Renaissance Securities (Cyprus) Limited. For further information please see the announcement published by TBC Bank Group Plc in connection with this disposal on 1 July 2019. The main purpose of the transaction was to repay the loans in relation to Anaklia project.










 



Place of completion


London, United Kingdom




Date of completion


27 September 2019



 




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