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TCS Group Holding PLC / Miscellaneous - High Priority
TCS Group Holding PLC: Notice of AGM and Posting of Annual Report
27-Apr-2017 / 12:30 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS,
LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
TCS Group Holding PLC
Notice of AGM and Posting of Annual Report
*Moscow, Russia - 27 April 2017. *TCS Group Holding PLC (*TCS*) (the Group),
Russia's leading provider of online retail financial services, including
Tinkoff Bank and Tinkoff Insurance, today announces that its Annual General
Meeting of Shareholders (AGM) will take place at 12 noon on Monday 29 May
2017 at the Group's registered office, 5th floor, 25 Berengaria, Spyrou
Araouzou 25, 3036 Limassol, Cyprus.
The AGM agenda includes:
- Re-appointment of PricewaterhouseCoopers Limited, Cyprus as Auditors of
the Group and authorisation of the Board of Directors to determine their
remuneration in accordance with their terms of engagement;
- Re-election of Mr. Martin Cocker as a director of the Group;
- Re-election of Mr. Philippe Delpal as a director of the Group;
- Approval of remuneration of the members of the Board of Directors;
- Granting of authority to the Board of Directors to buy back class A shares
or interests in class A shares including global depository receipts in the
Group;
- Receiving and considering the Annual Report for the year ended 31 December
2016.
The record date for the AGM is 25 May 2017.
The Notice of AGM and Form of Proxy are available on the Group's website at
https://www.tinkoff.ru/eng/ [1]
The Groupalso announces the publication today of its Annual Report for the
year ended 31 December 2016. A copy of the Annual Report has been submitted
to the Financial Conduct Authority in the United Kingdom via the National
Storage Mechanism and will be available for inspection shortly at
www.morningstar.co.uk/uk/nsm [2]
The Annual Report is also available on the Group's website at
https://www.tinkoff.ru/eng/investor-relations/results-and-reports/301/ [3]
*For enquiries:*
Tinkoff Bank Tinkoff Bank
*Darya Ermolina* *Larisa Chernysheva*
Head of PR IR Department
+ 7 495 648-10-00 (ext. 2009) + 7 495 648-10-00 (ext. 2312)
d.ermolina@tinkoff.ru [4] ir@tinkoff.ru
*About the Group*
TCS Group Holding PLC is an innovative provider of online retail financial
services operating in Russia through a high-tech branchless platform. The
Group has also developed a 'smart courier' network covering almost all
cities and towns in Russia which allows next day delivery to many customers.
Tinkoff Bank's product range includes daily banking (credit and debit cards,
payments, money transfers), savings, investments, loyalty programmes, travel
services, SME services, mortgage platform, and insurance. With its special
focus on mobile business, the bank offers mobile applications both for its
customer base (Mobile Bank) and beyond it (Traffic Fines, MoneyTalk, Card 2
Card instant money transfers).
Tinkoff is transitioning to become an online financial marketplace,
Tinkoff.ru, which offers an entire range of both own brand and partner
retail financial services via mobile and desktop.
As at 1 March 2017, the bank was the second largest player in the Russian
credit card market, with a market share of 10.6%. The FY2016 IFRS net income
of the parent company, TCS Group Holding PLC, which includes Tinkoff Bank
and the insurance company Tinkoff Insurance, amounted to RUB 11 bn, ROE
stood at 43%.
Banki.ru, Russia's largest financial news portal, named Tinkoff Bank the
Bank of the Year 2016. In October 2016 Tinkoff Bank was named the largest
independent global direct bank by Frost & Sullivan. In 2015 and 2016, the
Global Finance magazine named Tinkoff Bank as the Best Consumer Digital Bank
in Russia. In 2016, the bank also won Global Finance's Best Integrated
Consumer Bank Site award and was named the Best Digital Bank in the CEE by
Euromoney. The bank's mobile application was recognised as the best in
Russia by Markswebb Rank & Report for three consecutive years in 2014, 2015
and 2016, and by Deloitte for four consecutive years from 2013 to 2016.
*Forward-looking statements*
Some of the information in this announcement may contain projections or
other forward-looking statements regarding future events or the future
financial performance of the Group and Tinkoff Bank. You can identify
forward looking statements by terms such as 'expect', 'believe',
'anticipate', 'estimate', 'intend', 'will', 'could,' 'may' or 'might', the
negative of such terms or other similar expressions. The Group and Tinkoff
Bank wish to caution you that these statements are only predictions and that
actual events or results may differ materially. The Group and Tinkoff Bank
do not intend to update these statements to reflect events and circumstances
occurring after the date hereof or to reflect the occurrence of
unanticipated events. Many factors could cause the actual results to differ
materially from those contained in projections or forward-looking statements
of the Group and Tinkoff Bank, including, among others, general economic
conditions, the competitive environment, risks associated with operating in
Russia, rapid technological and market change in the industries the Group
operates in, as well as many other risks specifically related to the Group,
Tinkoff Bank and their respective operations.
The EquityStory.RS, LLC Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: TCS Group Holding PLC
2nd Floor, Sotiri Tofini 4, Agios Athanasios
4102 Limassol
Cyprus
Phone: +7 495 648-10-00
Fax: +7 495 645-59-09
E-mail: media@tinkoff.ru
Internet: https://www.tinkoff.ru
ISIN: US87238U2033
Listed: Foreign Exchange(s) London, Moscow
Category Code: MSCH
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 4113
End of Announcement EquityStory.RS, LLC News Service
568249 27-Apr-2017
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=9bf6a99c293f1d889e6bc16b897eb072&application_id=568249&site_id=vwd&application_name=news
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e0443ba251b67afb33b56617e3f419c9&application_id=568249&site_id=vwd&application_name=news
3: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=000506c53de7a96d608527b39940248e&application_id=568249&site_id=vwd&application_name=news
4: mailto:media@tinkoff.ru
(END) Dow Jones Newswires
April 27, 2017 06:30 ET (10:30 GMT)
