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TCS Group Holding PLC (TCS)
TCS Group Holding PLC: TCS Group announces PDMR Transaction
03-Oct-2018 / 18:13 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
TCS Group announces PDMR Transaction
Limassol - 03 October 2018. TCS Group Holding PLC (TCS LI) (the "Group"),
Russia's leading provider of online retail financial and lifestyle services
via its Tinkoff.ru financial supermarket, has been notified of transaction
by its PDMR George Chesakov, VP for New Acquisition Channels at Tinkoff
Bank.
Details of the transaction are in the document 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 the Russian entrepreneur Oleg Tinkov and
has been listed on 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 2,500
representatives to ensure smooth delivery of its products. The network
covers all of 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 its
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, MyPocket, Card 2 Card instant money transfers).
As at 1 August 2018, the bank was the second largest player in the Russian
credit card market, with a market share of 11.7%. The 1H18 IFRS net income
of TCS Group Holding PLC amounted to RUB 11.7 bn, ROE grew to 69.3%.
Tinkoff Bank regularly wins the Best Digital Bank Award by the Global
Finance magazine. In 2015-2016 and in 2018, Tinkoff Bank was named the Best
Consumer Digital Bank in Russia. In 2018, Global Finance also recognised
Tinkoff Bank in additional nominations: Best Bill Payment & Presentment,
Best Information Security and Fraud Management, Best in Mobile Banking, and
Best Mobile Banking App.
In 2017, The Banker magazine named Tinkoff the Bank of the Year in Russia.
In 2016, Tinkoff Bank was named CEE's Best Digital Bank by Euromoney. In
2016, Tinkoff Bank was the largest independent global direct bank by
customer base, according to Frost & Sullivan. Banki.ru, Russia's largest
financial news portal, named Tinkoff the Bank of the Year 2016.
In 2014-2016, Markswebb Rank & Report ranked Tinkoff Bank's mobile app the
best in Russia. In June 2018, Tinkoff Bank topped Markswebb's Internet
Banking Rank 2018. Tinkoff Bank's mobile banking app was recognised as the
best in Russia 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.
Attachment
Document title: TCSGH PDMR_Notification_GC-00049138
Document: http://n.eqs.com/c/fncls.ssp?u=IXCPFDXTXK [2]
ISIN: US87238U2033
Category Code: POS
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 6126
EQS News ID: 730025
End of Announcement EQS News Service
1: mailto:ir@tcsbank.ru
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=296335276021c3444d71521d56159b5f&application_id=730025&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 03, 2018 11:13 ET (15:13 GMT)
