REG-TCS Group Holding PLC TCS Group Holding PLC: Notice of AGM

TCS HoldingAnnouncement

04/05/2018 14:15

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   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC: Notice of AGM

   04-May-2018 / 16:12 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TCS Group Holding PLC Notice of AGM

   Moscow, Russia - 4 May 2018.TCS Group Holding PLC (TCS) (the Group),
   Russia's leading provider of online retail financial services, including
   Tinkoff Bank and Tinkoff Insurance, today announces that its Annual
   General Meeting of Shareholders (AGM) will take place at 12 noon on
   Tuesday 29 May 2018 at the Group's registered office, 5th floor, 25
   Berengaria, Spyrou Araouzou 25, 3036 Limassol, Cyprus.

   The AGM agenda includes:

   - Re-appointment of PricewaterhouseCoopers Limited, Cyprus as Auditors of
   the Group and authorisation of the Board of Directors to determine their
   remuneration in accordance with their terms of engagement;

   - Re-appointment of Mr. Martin Cocker as a director of the Group;

   - Re-appointment of Mr. Jacques Der Megreditchian as a director of the
   Group;

   - Approval of remuneration of the members of the Board of Directors;

   - Granting of authority to the Board of Directors to buy back class A
   shares or interests in class A shares including global depository receipts
   in the Group;

   - Increase of share capital;

   - Waiver of Pre-emption rights;

   - Authority to the Board of Directors to issue and allot shares;

   - Receiving and considering the Annual Report for the year ended 31
   December 2017. The Annual Report was published on 27 April 2018.

   The record date for the AGM is 25 May 2018.

   The Notice of AGM and Form of Proxy are available on the Group's website
   at  1 https://www.tinkoff.ru/eng/

    

   For enquiries:
                                 Tinkoff Bank
   Tinkoff Bank
                                 Larisa Chernysheva
   Darya Ermolina                IR Department
   Head of PR
                                 + 7 495 648-10-00 (ext. 2312)
   + 7 495 648-10-00 (ext. 2009)
                                  3 ir@tinkoff.ru
    2 d.ermolina@tinkoff.ru
                                  

   About the Group

   TCS Group 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 IT 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, MoneyTalk, Card 2 Card instant money transfers).

   As at 1 February 2018, the bank was the second largest player in the
   Russian credit card market, with a market share of 11.7%. The FY 2017 IFRS
   net income of TCS Group Holding PLC amounted to RUB 19.0 bn, ROE stood at
   53%.

   Banki.ru, Russia's largest financial news portal, named Tinkoff Bank the
   Bank of the Year 2016. In October 2016 Tinkoff Bank was named the largest
   independent global direct bank by Frost & Sullivan. In 2015 and 2016, the
   Global Finance magazine named Tinkoff Bank as the Best Consumer Digital
   Bank in Russia. In 2016, the bank also won Global Finance's Best
   Integrated Consumer Bank Site award and was named the Best Digital Bank in
   the CEE by Euromoney. The bank's mobile application was recognised as the
   best in Russia by Markswebb Rank & Report for three consecutive years in
   2014, 2015 and 2016, and 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.

    

    

    

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   ISIN:          US87238U2033
   Category Code: NOA
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  5505
   EQS News ID:   682649


    
   End of Announcement EQS News Service

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    4 fncls.ssp?fn=show_t_gif&application_id=682649&application_name=news&site_id=reuters8

References

   Visible links
   1. http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=2f057e9dd9ccf3cd9f6010dc14cb3b82&application_id=682649&site_id=reuters8&application_name=news
   2. mailto:d.ermolina@tinkoff.ru
   3. mailto:ir@tcsbank.ru


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