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An announcement from TBC Bank ( (GB:TBCG) ) is now available.
TBC Bank Group PLC has announced a change in its major holdings, with Allan Gray Proprietary Limited reducing its voting rights from 3.8861% to 2.993%. This adjustment in holdings reflects a disposal of voting rights, which may influence TBC Bank’s shareholder dynamics and potentially impact its strategic decisions. The ordinary shares acquired are held by Allan Gray’s clients, highlighting the company’s role as an investment manager rather than a direct stakeholder.
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 shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, featuring the country’s largest mobile-only bank and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 136,643
Technical Sentiment Signal: Buy
Current Market Cap: £2.57B
Find detailed analytics on TBCG stock on TipRanks’ Stock Analysis page.