REG - TCS Grp Hldg PLC - TCS Group Notice of 2016 Annual General Meeting <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

27/04/2016 17:20

RNS Number : 5731W
TCS Group Holding PLC
27 April 2016
TCS Group Holding PLC
Notice of 2016 Annual General Meeting
Moscow, Russia - 27 April 2016. 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 Friday, 3 June 2016 at the Group's registered office, 2nd Floor, Sotiri Tofini 4, Agios Athanasios, 4102 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-election of Mr. Martin Cocker as a director of the Group;
 Re-election of Mr. Philippe Delpal 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;
 Receiving and considering the Annual Report for the year ended 31 December 2015.
The record date for the AGM is 1 June 2016.
The Notice of AGM and Form of Proxy are available on the Group's website at https://www.tinkoff.ru/eng/
 The 2015 Annual Report will be available on the Group's website in due course.
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
Elena Kalinskaya/Leonid Fink
+44 (0) 020 3727 1000
tcsgroupholding@fticonsulting.com
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.
Tinkoff Bank's product range includes credit, debit and prepaid cards, deposits, co-branded cards, and agent-based mortgage products. 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, Card2Card instant money transfers).
As per its five-year strategy, the Group has the ambition to become a financial marketplace offering both own brand and partner products.
The 2015 IFRS net income of the Group amounted to RUB1.9bn.
As at 1February 2016, the bank was the second largest player in the Russian credit card market, with a market share of 8.4%. As at 1March 2016, the bank issued over 5.7mcredit cards. The bank is well capitalised: its CBR N1 total capital ratio stood at 11.8% as at 1February 2016.
In 2015, the Global Finance magazine named TinkoffBank as the Best Internet Retail Bank inRussia. In 2013, Tinkoff Bank was recognised as the Bank of the Year and the most profitable bank in Russia by the Banker magazine, the world's premier banking and finance resource, published by the Financial Times Group.

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