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TBC Bank Group PLC Awards Shares to Key Executives Under Incentive Plan

Story Highlights
  • TBC Bank Group PLC transfers shares to directors under its Long Term Incentive Plan.
  • The share acquisition aligns management interests with shareholder value, enhancing leadership stability.
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TBC Bank Group PLC Awards Shares to Key Executives Under Incentive Plan

The latest update is out from TBC Bank ( (GB:TBCG) ).

TBC Bank Group PLC has announced the transfer of shares to its directors and persons discharging managerial responsibilities under its Long Term Incentive Plan for the performance period of 2022-2024. This move, involving the acquisition of ordinary shares at no cost, is part of a deferred share plan aimed at rewarding key personnel, potentially strengthening the company’s leadership stability and aligning management interests with shareholder value. The transactions were conducted on the London Stock Exchange.

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 aims to simplify people’s lives by offering digitally-led financial services to both retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia, holding a significant market share of 38.5% in customer loans and 38.1% in customer deposits as of December 31, 2024.

YTD Price Performance: 44.23%

Average Trading Volume: 161,807

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.53B

See more insights into TBCG stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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