TCS Group Holding PLC (TCS)
TCS Group Holding PLC: PDMR Transactions (attachment with the
details added)
30-Aug-2019 / 13:02 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
TCS Group Holding PLC: PDMR Transactions
Limassol, Cyprus - 30 August 2019. TCS Group Holding PLC (TCS LI) (the
"Group"), Russia's leading provider of online retail financial and lifestyle
services via its Tinkoff financial ecosystem, has been notified of
transactions by Viacheslav Tsyganov, Chief Information Officer of Tinkoff
and the Group's PDMR.
Details of the transactions 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 Tinkoff
Tinkoff is an online financial ecosystem centred around the needs of its
customers.
The Tinkoff ecosystem offers a full range of financial services for
individuals and businesses.
With a focus on lifestyle banking, the Tinkoff ecosystem enables customers
to assess and plan personal spending, invest their savings, earn loyalty
programme bonuses, book trips, buy movie tickets, make restaurant
reservations and much more.
All Tinkoff services are accessible via our mobile applications and on the
Tinkoff.ru website.
The Tinkoff ecosystem is branchless: its network of 2,500 smart couriers can
deliver the Company's products anywhere in Russia in the shortest time span
possible, and customer service is handled online and by call centres (both
office and cloud-based). Tinkoff makes active use of AI and machine learning
technologies to streamline communications: over 30% of customers' chat
queries are resolved with no employee involvement.
All Tinkoff products and most of its IT systems have been developed
in-house. Some 70% of the bank's HQ staff are IT specialists.
At the core of the ecosystem is Tinkoff Bank, which was founded in 2006 and
has since become the world's biggest independent direct bank with over 9
million customers. In 2018, Global Finance named Tinkoff Bank the world's
Best Consumer Digital Bank, and in 2019, 2018, 2016 and 2015, the Best
Consumer Digital Bank in Russia. In 2017 and 2013, the Banker recognised
Tinkoff Bank as the Bank of the Year in Russia.
The bank's parent company - TCS Group Holding PLC - has been listed on the
LSE since 2013. The 1H 2019 IFRS net income of TCS Group Holding PLC
amounted to RUB 15.4 bn. The ROE was 64.3%.
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: Details of the transactions
Document: http://n.eqs.com/c/fncls.ssp?u=QVYMHMHUVL [2]
ISIN: US87238U2033
Category Code: MSCH
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 18579
EQS News ID: 866285
End of Announcement EQS News Service
1: mailto:ir@tcsbank.ru
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=55ea4b68d0e8a31313f71ce32f119e33&application_id=866285&site_id=vwd&application_name=news
(END) Dow Jones Newswires
August 30, 2019 06:02 ET (10:02 GMT)
