tiprankstipranks
Company Announcements

TBC Bank Experiences Change in Shareholder Voting Rights

Story Highlights
TBC Bank Experiences Change in Shareholder Voting Rights

Discover the Best Stocks and Maximize Your Portfolio:

TBC Bank ( (GB:TBCG) ) has issued an announcement.

TBC Bank Group PLC has experienced a change in its shareholder structure as Allan Gray Proprietary Limited, based in South Africa, altered its voting rights in the company. The adjustment, reported on February 19, 2025, saw a decrease in voting rights from 4.1367% to 3.8861%, which could affect the shareholder dynamics within the company. This shift may have implications for TBC Bank’s strategic decisions and influence the company’s market positioning as it continues to focus on expanding its digital financial services.

More about TBC Bank

TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. TBC Bank Georgia is a leading financial services group in Georgia with significant market share in customer loans and deposits. TBC Uzbekistan is the foremost digital banking ecosystem in Central Asia, boasting 18 million unique registered users. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index, FTSE4Good Index Series, and MSCI United Kingdom Small Cap Index.

YTD Price Performance: 29.49%

Average Trading Volume: 118,466

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.27B

Find detailed analytics on TBCG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1