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TCS - TCS Holding News Story

$26.1 -0.3  -0.9%

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Sector
Financials
Size
Large Cap
Market Cap £4.00bn
Enterprise Value £4.08bn
Revenue £1.62bn
Position in Universe 182nd / 1807

BRIEF-Russia's TCS Group says the bank's head of risk sells $8.9 mln in GDRs

Thu 13th August, 2020 7:14pm
Aug 13 (Reuters) - Russian lender TCS Group Holding  TCSq.L 
 TCSGDR.MM , the parent company of online bank Tinkoff, says: 
    * Evgeniy Ivashkevich, head of risk at Tinkoff Bank, has
sold
global depositary receipts (GDRs) in TCS worth $8.87 million;
    * Ivashkevich sold 300,000 GDRs on Aug. 10 and 50,912 GDRs
on Aug.
11;
    * TCS Group Holding reported on Aug. 6 a 25% rise in
second-quarter net profit, but said it expects full-year
earnings to fall as it reintroduced guidance after scrapping it
last quarter due to the COVID-19 pandemic.  urn:newsml:reuters.com:*:nL8N2F84NZ

    

 (Reporting by Moscow Newsroom)
 ((moscow.newsroom@thomsonreuters.com; +7 495 775 1242;))
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