The Board of Directors of TBC Bank Group PLC (LON:TBCG) has declared an interim dividend of GEL 2.55 per TBC PLC share. 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 4 October 2024, pursuant to the following timetable:
Ex-Dividend Date: 3 October 2024
Record Date: 4 October 2024
Currency Conversion Date: 11 October 2024
Payment Date: 11 November 2024
The National Bank of Georgia Georgian Lari/British Pounds Sterling average exchange rate for the period of 7 October to and including of 11 October 2024 (5 days average) will be used as the exchange rate on the Currency Conversion Date and will be announced in due course.
TBC Bank Group 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 39.0% of customer loans and 38.7% of customer deposits as of 30 June 2024, according to data published by the National Bank of Georgia on the analytical tool Tableau.
