REG - TCS Grp Hldg PLC - Notice of AGM <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

15/07/2015 16:37

RNS Number : 5451M
TCS Group Holding PLC
07 May 2015
TCS Group Holding PLC
Notice of 2015 Annual General Meeting
Moscow, Russia - 7 May 2015. 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 on Friday 5 June 2015 at 10:30 am at the Company's registered office at Kanika International Business Center, 6th floor, Profiti Ilia No 4 Germasogeia, 4046 Limassol, Cyprus. 
The AGM agenda includes:
 Re-appointment of PricewaterhouseCoopers Limited, Cyprus as Auditors of the Company and authorisation of the Board of Directors to determine their remuneration in accordance with their terms of engagement;
 Re-election of Mr. Jacques Der Megreditchian as a director of the Company;
 Re-election of Mr. Philippe Delpal as a director of the Company;
 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 Company;
 Receipt and consideration of the Annual Report for the year ended 31 December 2014.
The record date for the AGM is 4 June 2015.
The Notice of AGM, Form of Proxy and 2014 Annual Report are available on the Group's website at https://www.tinkoff.ru/eng/.
For enquiries:
Tinkoff Bank
Darya Ermolina
Head of PR
+ 7 495 648-10-00 (ext. 2009)
d.ermolina@tinkoff.ru
Tinkoff Bank
Larisa Chernysheva
IR Department
+ 7 495 648-10-00 (ext. 2312)
ir@tinkoff.ru
FTI Consulting 
London
Maria Shiryaevskaya 
+44 (0) 20 3727 1677
Elena Kalinskaya
+44 (0) 20 3727 1279
tcsgroupholding@fticonsulting.com
Moscow 
Olga Lundquist 
+7 495 795-06-23
About the Group
TCS Group Holding PLC is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. In order to support its branchless platform, the Group has also developed a "smart courier" network covering almost 600 cities and towns in Russia which allows next day delivery to many customers. 
Since its launch in 2007 by Mr Oleg Tinkov, a renowned Russian entrepreneur with a long track record of creating successful businesses, the Group has grown into a leader in the Russian credit card market. As of 1 March 2015, the Group has issued 5 mln credit cards.
In addition to a market-leading credit card offering, the Group has developed a successful online retail deposits programme. The Group's other innovative lines of business include Tinkoff Online Insurance, which enables the Group to underwrite and sell its own innovative online insurance products, and Tinkoff Mobile Wallet, mobile payment solutions and financial services for Russian consumers. 
As of 31 December 2014, the Group's total assets amounted to RUB 108.8 bn, net loans and advances to customers stood at RUB 74.6 bn and customer accounts (deposits) amounted to RUB 43.4 bn. In 2014, the Group generated a net profit of RUB 3.4 bn and net interest income of RUB 30.8 bn. 
The Group is well capitalised with the total capital ratio and Tier 1 capital ratio of 21.8%and 15.9%, respectively, in accordance with Basel III methodology.
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.

This information is provided by RNS
The company news service from the London Stock Exchange
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