Source - LSE Regulatory
RNS Number : 3433I
TBC Bank Group PLC
12 August 2021
 

Declaration of Interim Dividend

 

The Board of Directors of TBC Bank Group PLC ("TBC PLC") has declared an interim dividend of GEL 1.5 per TBC PLC share (the "Interim Dividend"). The Interim Dividend will be payable in Pounds Sterling to ordinary shareholders of TBC PLC on the register of members at the close of business on the record date of 20 August 2021, pursuant to the following timetable:

Ex-Dividend Date: 19 August 2021

Record Date: 20 August 2021

Currency Conversion Date: 3 September 2021

Payment Date: 17 September 2021

The official Georgian Lari/ Pounds Sterling exchange rate of the National Bank of Georgia for 3 September 2021 will be used as the exchange rate on the Currency Conversion Date and will be announced in due course.

The declaration of the Interim Dividend follows the Board's announcement on 16 July 2021 of a change to the TBC PLC dividend policy on the back of an improved macroeconomic outlook and TBC PLC's strong profitability and capital generation.

 

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 Group PLC ("TBC PLC")

TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector and other closely related fields. TBC PLC also recently expanded its operations in Uzbekistan. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE Small Cap Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.

 

TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 38.5% of customer loans and 39.8% of customer deposits as of 31 March 2021, according to data published by the National Bank of Georgia.

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