tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FIL Limited Increases Stake in TBC Bank Group PLC

Story Highlights
  • TBC Bank Group PLC is a leading financial services provider in Georgia and Central Asia.
  • FIL Limited has acquired over 5% voting rights in TBC Bank, affecting shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FIL Limited Increases Stake in TBC Bank Group PLC

Elevate Your Investing Strategy:

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

TBC Bank Group PLC has announced that FIL Limited has crossed the 5% voting rights threshold in the company, reaching a total of 5.794% as of July 4, 2025. This acquisition of voting rights by FIL Limited, a Bermuda-based entity, signifies a notable shift in shareholder dynamics, potentially impacting TBC Bank’s strategic decisions and stakeholder interests.

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. It focuses on providing digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia with significant market shares in customer loans and deposits. TBC Uzbekistan is recognized as the leading digital banking ecosystem in Central Asia, featuring the country’s largest mobile-only bank and notable digital payment solutions. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.

Average Trading Volume: 129,652

Technical Sentiment Signal: Buy

Current Market Cap: £2.67B

Learn more about TBCG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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