TCS Group Holding PLC (TCS)
Tinkoff GDRs will be included in MOEX Russia indices next month
27-Nov-2019 / 19:00 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Tinkoff GDRs will be included in MOEX Russia indices next month
Limassol, Cyprus - 27 November 2019. TCS Group Holding PLC (LI: TCS, MOEX:
TCSG) ("Tinkoff", the "Company"), Russia's leading provider of online
financial and lifestyle services via its Tinkoff ecosystem, announces that
its depositary receipts will be included in MOEX Russia indices starting
next month.
The securities will be included in the MOEX Russia Index and the RTS Russia
Index from 20 December 2019, according to Moscow Exchange, which announced
today the results of its quarterly review of MOEX indices.
Tinkoff GDRs began trading on Moscow Exchange on 28 October 2019.
Larisa Chernysheva, Head of IR at Tinkoff, commented:
"We are very happy that TCS Group's GDRs will be included in the MOEX Russia
Index and RTS Index. This is a result of hard work by our whole team since
the Index includes the most liquid shares of the largest and fastest
developing Russian issuers whose work lies in the main sectors of the
economy. This inclusion in the indices will further support the liquidity of
our GDRs."
Contact details:
Tinkoff
Alexander Leonov
+7 495 648 1000 (ext. 35-738)
media@tinkoff.ru
TCS Group Holding PLC
TCS Group Holding PLC is an innovative provider of online retail financial
services. It includes Tinkoff Bank, mobile virtual network operator Tinkoff
Mobile, Tinkoff Insurance, management company Tinkoff Capital, Tinkoff
Software DC, a network of development hubs in major Russian cities, and
Tinkoff Education. The Group is currently developing Tinkoff ecosystem,which
offers financial and lifestyle services.
The Group was founded in 2006 by Russian entrepreneur Oleg Tinkov and has
been listed on the London Stock Exchange and on the Moscow Exchange.
The Group's key business is Tinkoff Bank, a fully online bank that serves
over 10 mn customers and forms the core of the Tinkoff ecosystem.
Tinkoff Bank is the second largest player in the Russian credit card market,
with a share of 13.2%. The 9M 2019 IFRS net income of TCS Group Holding PLC
amounted to RUB 25.1 bn. The ROE was 59%.
With no branches, the Group serves all its customers remotely via online
channels and a cloud-based call centre. To ensure smooth delivery of the
Group's products, the Group has a proprietary nationwide network of
representatives.
In 2018, Global Finance named Tinkoff Bank the world's Best Consumer Digital
Bank, in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank in
Russia, and in 2019, the Best Consumer Digital Bank in Central and Eastern
Europe. In 2017 and 2013, the Banker recognised Tinkoff Bank as the Bank of
the Year in Russia. The bank's mobile app has consistently received top
industry ratings and awards (in 2013, 2014, 2015, 2016 by Deloitte and in
2018 by Global Finance).
ISIN: US87238U2033
Category Code: MSCL
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 31830
EQS News ID: 922985
End of Announcement EQS News Service
(END) Dow Jones Newswires
November 27, 2019 11:00 ET (16:00 GMT)
