Notification of Transactions
of Directors/ Persons Discharging Managerial Responsibilities
("PDMRs") and persons closely associated with
them
TBC Bank Group PLC ("TBC PLC")
announces that following the approval by the Remuneration Committee
of the amount of deferred shares to be awarded to the below listed
PDMRs as part of the fixed salary ( for CEO only) and
annual bonus for the year 2023 for all PDMRs as well as
shares awarded under Long Term Incentive Plan (the "LTIP") for the
performance period of 2021-2023, TBC PLC has now transferred
respective number of shares to those individuals as set out below.
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Vakhtang Butskhrikidze
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (CEO of TBC Bank Group
PLC)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
103,419 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Nino Masurashvili
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Deputy CEO of JSC TBC
Bank)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
47,480 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Tornike Gogichaishvili
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Deputy CEO of JSC TBC
Bank)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
51,139 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
George Tkhelidze
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Deputy CEO of JSC TBC
Bank)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
53,137 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Bidzina Matsaberidze
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Chief Information Officer of
JSC TBC Bank)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
3,205 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Gvantsa Murghvliani
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Head of Human Capital
Management of JSC TBC Bank)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
1,479 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Nikoloz Kurdiani
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (CEO of Group's Operations in
Uzbekistan)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
51,439 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
1.
|
Details of
PDMR / person closely associated with them
('PCA')
|
a)
|
Name
|
Oliver Hughes
|
2.
|
Reason for the notification
|
a)
|
Position / status
|
PDMR (Head of International
Business)
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
3.
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
a)
|
Name
|
TBC Bank Group PLC
|
b)
|
LEI
|
213800T6NS9N2WQ3B328
|
4.
|
Details of
the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial
instrument
Identification Code
|
Ordinary shares of £0.01
each:
ISIN: GB00BYT18307
|
b)
|
Nature of the transaction
|
Acquisition of shares pursuant to
the terms of a deferred share plan
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil
|
3,606 shares
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
e)
|
Dates of the transaction
|
25 March 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
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 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. TBC PLC also offers non-financial services via TNET, the
largest digital ecosystem in Georgia. Since 2019, TBC PLC has
expanded its operations into Uzbekistan by operating fast growing
retail digital financial services in the country. 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.
TBC Bank, together with its
subsidiaries, is a leading universal banking group in Georgia, with
a total market share of 39.3% of customer loans and 40.1% of
customer deposits as of 31 December 2023, according to data
published by the National Bank of Georgia on the analytical tool
Tableau.
|