REG-TCS Group Holding PLC TCS Group Holding PLC announces BOD changes

TCS HoldingAnnouncement

25/03/2022 16:45

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   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC announces BOD changes

   25-March-2022 / 19:35 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TCS Group Holding PLC announces BOD changes

    

   Limassol, Cyprus - 25 March 2022. As a part of the ongoing corporate
   reorganization, TCS Group Holding PLC ("TCS", the "Group"), a leading
   provider of online financial and lifestyle services, announces the
   retirement from the Board of Directors of the Group of Mr Oliver Hughes
   and Mr Pavel Fedorov effective 31 March 2022. In accordance with LR
   9.6.11, Oliver Hughes and Pavel Fedorov will also cease to be members of
   the Strategy Committee.

    

   This is part of an ongoing, wider reorganization which has involved Oliver
   Hughes and Pavel Fedorov relocating to reside full-time in UAE in March
   2022. Other key parts of the Group management team that are focused on
   international operations are already based in hubs in Cyprus and Southeast
   Asia.

    

   Ms Maria Gordon will also retire from the Board and its Committees with
   effect from 31 March 2022. 

    

   All other existing governance and executive arrangements of the Group will
   remain unchanged. Please bear with us as we make adjustments during this
   challenging period.

    

   The Group's long-term commitment to best corporate governance practices
   remains unchanged and the Group expects to announce the appointment of 3
   new directors, including INEDs, in the very near future. 

    

   For enquiries:
   Tinkoff PR Department          Tinkoff IR Department
   Artem Lebedev
   + 7 495 648-10-00 (ext. 2202)  Larisa Chernysheva
   Alexandr Leonov                + 7 495 648-10-00 (ext. 2312)
   + 7 495 648-10-00 (ext. 35738)
    1 pr@tinkoff.ru               Andrey Pavlov-Rusinov
                                  + 7 495 648-10-00 (ext. 31010)
    
                                   2 ir@tinkoff.ru
    

   About TCS Group

    

   TCS Group is an innovative provider of digital financial and lifestyle
   services. Branchless since its inception in 2006, TCS developed a full
   range of in-house proprietary technology solutions and services, including
   digital banking, brokerage, acquiring and other merchant solutions,
   insurance, SME banking and much more. 

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   ISIN:          US87238U2033
   Category Code: MSCH
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  151703
   EQS News ID:   1312557


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:pr@tinkoff.ru
   2. mailto:ir@tinkoffgroup.com


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