Source - RNS
RNS Number : 1635H
TBC Bank Group PLC
05 June 2017
 

TBC Bank Group PLC

(the "Company")

 

Result of AGM

The Annual General Meeting of the Company was held on 5 June 2017 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 17 were passed as ordinary resolutions and resolutions 18 to 21 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  for the year ended 31 December 2016 together with the directors' report, the strategic report, the directors' remuneration report and the auditor's report.

39,399,813

99.81%

76,737

0.19%

39,476,550

74.93%

2,690

2

To approve the directors' remuneration policy.

31,505,105

99.72%

87,954

0.28%

31,593,059

59.97%

7,886,181

3

To approve the directors' remuneration report.

37,705,979

99.39%

232,087

0.61%

37,938,066

72.01%

1,541,174

4

To declare a final dividend of GEL 1.42 per ordinary share of the Company .

39,399,813

99.81%

76,737

0.19%

39,476,550

74.93%

2,690

5

To reappoint Mamuka Khazaradze as a director of the Company.

37,961,765

96.18%

1,506,184

3.82%

39,467,949

74.92%

11,291

6

To reappoint Badri Japaridze as a director of the Company.

38,145,123

96.65%

1,321,479

3.35%

39,466,602

74.91%

12,638

7

To reappoint Nikoloz Enukidze as a director of the Company.

39,398,466

99.81%

76,737

0.19%

39,475,203

74.93%%

4,037

8

To reappoint Stefano Marsaglia as a director of the Company.

37,980,603

96.23%

1,485,999

3.77%

39,466,602

74.91

12,638

9

To reappoint Nicholas Dominic Haag as a director of the Company.

39,395,326

99.80%

79,877

0.20%

39,475,203

74.93%

4,037

10

To reappoint Eric J. Rajendra as a director of the Company.

38,145,123

96.63%

1,330,080

3.37%

39,475,203

74.93%

4,037

11

To reappoint Stephan Wilcke as a director of the Company.

39,210,881

99.39%

241,257

0.61%

39,452,138

74.89%

27,102

12

To reappoint Vakhtang Butskhrikidze as a director of the Company.

39,375,401

99.81%

76,737

0.19%

39,452,138

74.89%

27,102

13

To reappoint Giorgi Shagidze as a director of the Company.

39,375,401

99.81%

76,737

0.19%

39,452,138

74.89%

27,102

14

To reappoint PricewaterhouseCoopers LLP as auditor of the Company.

 

38,457,729

97.48%

994,409

2.52%

39,452,138

74.89%

27,102

15

To authorise the directors to determine the auditor's remuneration.

36,930,985

97.41%

982,669

2.59%

37,913,654

71.97%

1,565,586

16

To authorise the directors to offer ordinary shares instead of cash dividend.

39,376,010

99.81%

76,805

0.19%

39,452,815

74.89%

26,425

17

To give the directors authority to allot securities up to a specified amount

37,446,614

94.91%

2,006,201

5.09%

39,452,815

74.89%

26,425

18

To give the directors authority to allot equity shares on a non pre-emptive basis in connection with an offer or issue of equity securities

38,924,412

99.80%

76,805

0.20%

39,001,217

74.03%

478,023

19

To give the directors authority to allot equity shares on a non pre-emptive basis in connection with the purposes of financing a transaction or capital investment

37,299,844

95.64%

1,701,373

4.36%

39,001,217

74.03%

478,023

20

To authorise the Company to make market purchases of its own ordinary shares.

39,363,661

99.78%

88,477

0.22%

39,452,138

74.89%

27,102

21

To approve the holding of general meetings other than annual general meetings on 14 clear days' notice.

36,080,693

92.87%

2,769,381

7.13%

38,850,074

73.74%

629,166

 

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 52,682,843 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 2017 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.hemscott.com/nsm.do.

 

 

For further enquiries, please contact:

Head of Investor Relations

Anna Romelashvili

[email protected]

 

 

About TBC Bank Group PLC

The Company is a public limited company registered in England and Wales, incorporated in February 2016.The Company became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 2016. The Company is listed on the London Stock Exchange under the symbol TBCG.

 

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 30.3% of loans (or 37.8% taking into account TBC Bank's holding in JSC Bank Republic and 33.4% of non-banking deposits (or 37.6% taking into account TBC Bank's holding in JSC Bank Republic) as at 31 March 2017, according to the data published by the National Bank of Georgia.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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