Dividend
Currency Conversion Rate and Scrip Reference Share Price
TBC Bank Group PLC ("TBC PLC") today
announces that the Georgian Lari to Pound Sterling exchange rate
that will apply to the interim dividend payments will
be 3.5775, being the average exchange rate of the
National Bank of Georgia for the period of 7
October to and including of 11
October 2024 inclusive (5 days average).
TBC PLC today announces that the
scrip reference share price that will be used in calculating the
entitlement of those who have elected to participate in TBC PLC's
scrip dividend scheme (the "Scrip Dividend Scheme")
is 25.26 GBP (the "Scrip Reference Share Price"). The Scrip
Reference Share Price is based on the average of the closing middle
market quotations for the Company's ordinary shares, as derived
from the London Stock Exchange Daily Official List, for the five
business days commencing on the ex-dividend date of 3 October
2024.
Shareholders who hold their shares
in CREST and who wish to elect to participate in the Scrip Dividend
Scheme should, if they have not already done so, complete a
Dividend Election Input Message via CREST no later than 5 p.m.
(UK time) on 21 October 2024. Full terms and conditions of the
Scrip Dividend Scheme are available on TBC PLC's
website, www.tbcbankgroup.com.
For further enquiries, please
contact:
Director of Investor Relations
Andrew Keeley
Or
Head of Investor Relations
Anna Romelashvili
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 39.0% of customer loans and 38.7% of
customer deposits as of 30 June 2024, according to data published
by the National Bank of Georgia.
TBC Uzbekistan is the leading
digital banking ecosystem in Central Asia with 16 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.