REG-TCS Group Holding PLC TCS Group Holding PLC: voluntary lock-up extension notification from founder shareholder's family trust

TCS HoldingAnnouncement

04/06/2021 14:30

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   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC: voluntary lock-up extension notification from
   founder shareholder's family trust

   04-Jun-2021 / 16:25 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: voluntary lock-up extension notification from
   founder shareholder's family trust

    

   THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

   FOR IMMEDIATE RELEASE

    

   Limassol, Cyprus - 4 June 2021. TCS Group Holding PLC (LI: TCS, MOEX:
   TCSG) ("Tinkoff" or the "Company"), Russia's leading provider of online
   financial and lifestyle services via its Tinkoff ecosystem, today
   announces that it has received a written commitment from Mr Tinkov's
   family trust that they will not sell the Company's shares or GDRs (ISIN:
   US87238U2033) in the period ending 10th  December 2021. The lock up
   commitment is subject to customary exceptions.

    

   Mr Tinkov's Family Trust has today separately made an announcement
   explaining the background to the decision to self-impose a voluntary 6
   month binding lock-up extension.

    

   The rationale is as follows:

    

   Mr Tinkov's FamilyTrust remains a long term strategic investor in Tinkoff
   Group

   and a strong supporter of the Company's growth strategy;

    

   Mr Oleg Tinkov believes there is much more value to be created in the next
   few years and scope to challenge the USD30bln market capitalization level.

    

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

    

   Inside information

   The information contained within this announcement is deemed by TCS Group
   Holding PLC to constitute inside information as stipulated under the
   Market Abuse Regulation (EU) No.596/2014. Upon the publication of this
   announcement via a Regulatory Information Service, this inside information
   is now considered to be in the public domain. The person responsible for
   making this announcement is Chris Owen, advisor to the Board of Directors
   of TCS Group Holding PLC.

    

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   ISIN:          US87238U2033
   Category Code: MSCH
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  109466
   EQS News ID:   1204578


    
   End of Announcement EQS News Service

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References

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


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