Admission to Trading

RNS Number : 7732G
TBC Bank Group plc
10 August 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.

 

This announcement does not contain, constitute or form part of any offer or invitation to sell or subscribe or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, and neither this announcement (nor any part of it) nor the fact of its distribution form the basis of, or may be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever.

 

10 August 2016

 

Admission of Ordinary Shares to Trading on the London Stock Exchange

Further to the successful completion of its tender offer on 4 August 2016, TBC Bank Group PLC ("TBC PLC") is pleased to announce that 49,159,880 of its ordinary shares have today been admitted to the premium listing segment of the Official List of the UK Listing Authority and to trading on London Stock Exchange plc's main market for listed securities under the ticker TBCG.LN. 

 

 

Enquiries:

TBC Bank Group PLC

 

Sean Wade                                                                              +44 (0) 7464 609025

Anna Romelashvili                                                                +(995 32) 2 27 27 27 (*1309)

 

Media Enquiries:

 

Citigate Dewe Rogerson                                                        +44 (0) 20 7638 9571

Sandra Novakov                                                                     +44 (0) 20 7282 1089

David Westover                                                                     +44 (0) 20 7282 2886

 

 

About TBC PLC

TBC PLC is a public limited company incorporated in England and Wales in February 2016. As of 10 August 2016, TBC PLC is the parent company of TBC Bank.

 

About TBC Bank Joint Stock Company ("TBC Bank")

TBC Bank, together with its subsidiaries, is one of the leading universal banking groups in Georgia, with a total market share of 28.0% of loans and 27.3% of non-banking deposits in Georgia as at 31 March 2016, according to data published by the NBG. It holds the number one position in deposits of individuals, the number two position in loans (both to individuals and to legal entities) and in deposits of legal entities, according to NBG data, and has a particular expertise in the fast-growing SME and micro sectors, where TBC Bank considers itself a market leader.

 

IMPORTANT NOTICE

The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under the securities law of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, in or into the United States or to U.S. persons, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of the securities will be made in the United States. The Offer is being made in compliance with, to the extent applicable, Regulation 14E of the U.S. Securities Exchange Act of 1934, as amended.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Bank's and TBC PLC's control and all of which are based on its respective directors' current beliefs and expectations about future events. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Bank's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Bank's business, results of operations, financial position, liquidity, prospects, growth and strategies. Forward-looking statements speak only as of the date of this announcement and cannot be relied upon as a guide to future performance. Each of TBC PLC, the Bank and Barclays and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise, unless required to do so by applicable law or regulation.

This announcement has been prepared by and is the sole responsibility of TBC PLC.

 

 

 

 


This information is provided by RNS
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