TBC Bank Group PLC Sale of shares by Malone Finance Limited (2675M)
October 11 2016 - 11:19AM
UK Regulatory
TIDMTBCG
RNS Number : 2675M
TBC Bank Group PLC
11 October 2016
Statement re sale of shares by Malone Finance Limited
TBC Bank Group PLC (LSE: TBCG) (the "Company") has been notified
that Malone Finance Limited has sold 2,000,000 shares in the
Company at a price of GBP 12.40 per share.
Malone Finance Limited, an affiliate of the Georgian
Co-Investment Fund ("Malone"), has previously bought shares in
connection with a derivative instrument entered into with Mamuka
Khazaradze and Badri Japaridze, Chairman and Deputy Chairman of the
Company respectively.
After the sale of these shares it is understood that the total
number of shares in the Company held by Malone is 1,136,596.
TBC Bank Group PLC
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
About TBC Bank Group PLC
TBC Bank Group PLC is a public limited company registered in
England and Wales that was incorporated in February 2016. TBC Bank
Group PLC became the parent company of JSC TBC Bank on 10 August
2016.
This information is provided by RNS
The company news service from the London Stock Exchange
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October 11, 2016 11:19 ET (15:19 GMT)
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