TBC Bank Group PLC Update on Historic Matters (5726G)
24 Luglio 2019 - 11:36AM
UK Regulatory
TIDMTBCG
RNS Number : 5726G
TBC Bank Group PLC
24 July 2019
Update on Historic Matters
TBC Bank Group PLC ("TBC PLC") notes today's announcement by the
Georgian office of Public Prosecution that it intends to charge the
Chairman and Deputy Chairman for matters relating to certain
transactions which took place in 2007 and 2008 and which involved
TBC PLC's subsidiary TBC Bank JSC.
The Chairman and Deputy Chairman stepped down from the board of
TBC Bank JSC earlier this year and, as non-executives, are not
involved in day-to-day management of the group. There has been no
suggestion of any charges being brought against TBC PLC, TBC Bank
JSC or any other member of the group.
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
About TBC Bank and 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.
END
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