Notification of Transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them TBC Bank Group PLC ("TBC PLC") announces that the Remuneration Committee and the Board have approved amount of deferred shares to be awarded to the below listed PDMRs as part of their annual bonus and annual bonus and fixed salary for the CEO for the year 2022. TBC PLC expects to transfer the respective number of shares to those individuals as set out below on or about 2 March 2023. 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 | 32,976 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | f) | Place of the transaction | London Stock Exchange (XLON) |
1. | Details of PDMR / person closely associated with them ('PCA') | a) | Name | Giorgi Megrelishvili | 2. | Reason for the notification | a) | Position / status | PDMR (CFO 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 | 15,260 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | 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 | 10,950 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | 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 | 12,700 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | 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 (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 | 12,430 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | 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 | 15,260 shares |
| d) | Aggregated information Aggregated volume Price | N/A | e) | Dates of the transaction | 23 February 2023 | f) | Place of the transaction | London Stock Exchange (XLON) |
For further enquiries, please contact: Director of Investor Relations and International Media 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 39.5% of customer loans and 40.3% of customer deposits as of 31 December 2022, according to data published by the National Bank of Georgia. |
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