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TCS Group Holding PLC / Transaction in Own Shares*
TCS Group Holding PLC: Tinkoff Controlling Shareholder Increases Stake (news
with additional features)
20-Jul-2017 / 17:30 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.
Tinkoff Controlling Shareholder Increases Stake
Moscow, Russia - 20 July 2017. TCS Group Holding PLC (TCS LI) (the "Group"),
Russia's leading provider of online retail financial services, has been
notified of transactions in its GDRs by the Group's controlling shareholder
and PDMR, Oleg Tinkov, in line with the plans he announced on 10 July.
Oleg Tinkov purchased a further 128,341 GDRs between 17 and 19 July for a
total amount of close to USD 1.59mn. This is in addition to 1,693,205 GDRs
purchased earlier in July 2017 for approximately USD 19.8mn.
Details of the purchases are in the documents attached.
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
ir@tinkoff.ru [1]
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. TCS
Group includes Tinkoff Bank, mobile virtual operator network Tinkoff Mobile,
Tinkoff Insurance, and Tinkoff Software DC, a network of development hubs
across Russia.
The Group was founded in 2006 by a Russian entrepreneur Oleg Tinkov and has
been listed at the London Stock Exchange since October 2013.
With no retail branches, the Group serves its customers remotely via online
channels and its call centre, and operates a network of over 1,800
representatives to ensure smooth delivery of its products. The network
covers the entire Russia and allows next day delivery to most customers.
The Group's key business is Tinkoff Bank, Russia's first and only direct
bank offering both own brand and partner retail financial services via
Tinkoff.ru platform. The 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).
As at 1 May 2017, the bank was the second largest player in the Russian
credit card market, with a market share of 11%. The 1Q 2017 IFRS net income
of TCS Group Holding PLC amounted to RUB 3.4 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.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=URLMSRATWI [2]
Document title: PDMR Notifications as of 20 July 2017
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: POS
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 4437
End of Announcement EquityStory.RS, LLC News Service
594457 20-Jul-2017
1: mailto:ir@tcsbank.ru
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=663b454134cc2bc07eac4a412ba28c5e&application_id=594457&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 20, 2017 11:30 ET (15:30 GMT)
