REG - TBC Bank Group PLC - Result of AGM
RNS Number : 2141DTBC Bank Group PLC24 June 2019TBC Bank Group PLC (the "Company")
Result of AGM
The Annual General Meeting of the Company was held on 24 June 2019 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 14 were passed as ordinary resolutions and resolutions 15 to 17 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 2018 together with the directors' report, the strategic report, the directors' remuneration report and the auditor's report.
45,173,530
99.99%
3,892
0.01%
45,177,422
82.35
216,693
2
To approve the directors' remuneration report set out on pages 136 to 155 of the Annual Report and Accounts for the year ended 31 December 2018.
41,393,441
96.84%
1,352,797
3.16%
42,746,238
77.92
2,647,877
3
To declare a final dividend of GEL1.98 per ordinary share of the Company in respect of the full financial year ended 31 December 2018, payable in British Pounds Sterling at the official exchange rate of the National Bank of Georgia for 13 June 2019, to be paid on 12 July 2019 to the holders of ordinary shares on the register of members at 6.00 pm (London time) on 7 June 2019.
45,177,423
100.00%
0
0.00%
45,177,423
82.35
216,693
4
To reappoint Mamuka Khazaradze as a director of the Company.
38,274,225
97.63%
928,307
2.37%
39,202,532
71.46
6,191,583
5
To reappoint Badri Japaridze as a director of the Company.
38,709,781
98.74%
492,752
1.26%
39,202,533
71.46
6,191,583
6
To reappoint Nikoloz Enukidze as a director of the Company.
44,868,203
99.32%
309,220
0.68%
45,177,423
82.35
216,693
7
To reappoint Nicholas Dominic Haag as a director of the Company.
44,852,581
99.28%
324,842
0.72%
45,177,423
82.35
216,693
8
To reappoint Vakhtang Butskhrikidze as a director of the Company.
43,354,834
99.35%
284,105
0.65%
43,638,939
79.55
1,755,177
9
To reappoint Giorgi Shagidze as a director of the Company.
44,689,526
98.92%
487,897
1.08%
45,177,423
82.35
216,693
10
To appoint Maria Luisa Cicognani as a director of the Company.
44,852,581
99.28%
324,842
0.72%
45,177,423
82.35
216,693
11
To appoint Tsira Kemularia as a director of the Company
45,000,789
99.61%
176,634
0.39%
45,177,423
82.35
216,693
12
To reappoint PricewaterhouseCoopers LLP as auditor of the Company to hold office until the conclusion of the next Annual General Meeting.
44,795,419
99.15%
382,003
0.85%
45,177,422
82.35
216,693
13
To authorise the Audit Committee of the Company to determine the auditor's remuneration.
43,638,939
100.00%
0
0.00%
43,638,939
79.55
1,755,177
14
To give authority to allot securities up to a specified amount
42,844,761
95.01%
2,250,675
4.99%
45,095,436
82.20
298,680
15
To disapply statutory pre-emption rights
42,255,574
95.34%
2,064,741
4.66%
44,320,315
80.79
1,073,801
16
To give authority to make market purchases of the Company's shares
44,791,527
99.15%
385,895
0.85%
45,177,422
82.35
216,693
17
That the Company may call General Meetings other than Annual General Meetings on not less than 14 clear days' notice.
40,521,202
89.69%
4,656,221
10.31%
45,177,423
82.35
216,693
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 54,859,504 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 2019 Notice of Annual General Meeting on the Company's website, www.tbcbankgroup.com.
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:
Director of International Media and Investor Relations
Zoltan Szalai
Or
Head of Investor Relations
Anna Romelashvili
About TBC Bank Group PLC ("TBC 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 premium segment of London Stock Exchange under the symbol TBCG and is a constituent of FTSE 250 Index.
TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 38.4% of loans and 40.4% of non-banking deposits as at 31 March 2019, according to data published by the National Bank of Georgia
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDRAGUSAARKUANUAR
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