-
20 May 2025 13:35:42
- Source: Sharecast
TBC Bank Group PLC
(the "Company")
Result of AGM
The Annual General Meeting of the Company was held at 10:00 am on 20 May 2025 at the offices of Baker McKenzie, 280 Bishopsgate, London EC2M 4AG, United Kingdom. All resolutions presented at the AGM were put to the meeting on a poll and all were passed with the requisite majority. The full results are detailed below.
|
N |
Resolution |
Votes for |
% of votes cast |
Votes against |
% of votes cast |
Total votes |
% of issued share capital voted |
Votes withheld |
|
1 |
To receive the annual report and accounts |
39,952,672 |
100.00% |
0 |
0.00% |
39,952,672 |
71.08 |
28,981 |
|
2 |
To approve the directors' remuneration report |
33,615,553 |
87.44% |
4,827,483 |
12.56% |
38,443,036 |
68.39 |
1,538,617 |
|
3 |
To approve an increase to the maximum aggregate fees payable to directors |
38,442,500 |
100.00% |
533 |
0.00% |
38,443,033 |
68.39 |
1,538,620 |
|
4 |
To reappoint Arne Berggren as a director |
37,897,669 |
94.79% |
2,083,865 |
5.21% |
39,981,534 |
71.13 |
119 |
|
5 |
To reappoint Vakhtang Butskhrikidze as a director |
39,981,534 |
100.00% |
0 |
0.00% |
39,981,534 |
71.13 |
119 |
|
6 |
To reappoint Tsira Kemularia as a director |
39,503,002 |
98.80% |
478,532 |
1.20% |
39,981,534 |
71.13 |
119 |
|
7 |
To reappoint Per Anders Fasth as a director |
39,505,949 |
98.81% |
475,585 |
1.19% |
39,981,534 |
71.13 |
119 |
|
8 |
To reappoint Thymios P. Kyriakopoulos as a director |
39,980,280 |
100.00% |
1,254 |
0.00% |
39,981,534 |
71.13 |
119 |
|
9 |
To reappoint Eran Klein as a director |
39,957,335 |
99.94% |
24,199 |
0.06% |
39,981,534 |
71.13 |
119 |
|
10 |
To reappoint Venera Suknidze as a director |
39,482,779 |
98.75% |
498,755 |
1.25% |
39,981,534 |
71.13 |
119 |
|
11 |
To reappoint Rajeev Sawhney as a director |
39,954,352 |
99.93% |
27,182 |
0.07% |
39,981,534 |
71.13 |
119 |
|
12 |
To reappoint Janet Heckman as a director |
39,597,902 |
99.04% |
383,632 |
0.96% |
39,981,534 |
71.13 |
119 |
|
13 |
To declare a final dividend |
39,981,537 |
100.00% |
0 |
0.00% |
39,981,537 |
71.13 |
116 |
|
14 |
To appoint Ernst & Young LLP as the Company's auditor |
39,615,855 |
99.95% |
18,825 |
0.05% |
39,634,680 |
70.51 |
346,973 |
|
15 |
To authorise the audit committee to determine the auditor's remuneration |
39,970,525 |
99.97% |
11,012 |
0.03% |
39,981,537 |
71.13 |
116 |
|
16 |
To authorise the offer of scrip shares in place of a cash dividend at the discretion of the board |
39,981,433 |
100.00% |
104 |
0.00% |
39,981,537 |
71.13 |
116 |
|
17 |
To give authority to allot securities up to a specified amount |
37,315,767 |
93.33% |
2,665,770 |
6.67% |
39,981,537 |
71.13 |
116 |
|
18 |
To disapply statutory pre-emption rights |
36,310,596 |
90.82% |
3,670,941 |
9.18% |
39,981,537 |
71.13 |
116 |
|
19 |
To give authority to make market purchases of the Company's shares |
39,974,254 |
100.00% |
254 |
0.00% |
39,974,508 |
71.11 |
7,145 |
|
20 |
To permit General Meetings on not less than 14 clear days' notice |
36,889,170 |
92.27% |
3,092,367 |
7.73% |
39,981,537 |
71.13 |
116 |
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 56,211,873 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 2024 Notice of Annual General Meeting on the Company's website, www.tbcbankgroup.com.
6. In accordance with the UK Financial Conduct 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 Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at the National Storage Mechanism located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
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 38.0% of customer loans and 36.9% of customer deposits as of 31 March 2025, according to data published by the National Bank of Georgia.
TBC Uzbekistan is the leading digital banking ecosystem in Central Asia with 20 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.
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