REG - TCS Grp Hldg PLC - Transaction in Own GDRs <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

02/11/2016 17:35

RNS Number : 1879O
TCS Group Holding PLC
02 November 2016
Transactions in Own GDRs
Moscow, Russia- 2November 2016. TCS Group Holding PLC (TCS LI) (the "Group"), Russia's leading provider of online retail financial services, including Tinkoff Bank and Tinkoff Insurance,has been notified of the transactions in own GDRs by the Group's majority shareholder, Oleg Tinkov (with connected persons).
Details of the transactions are in the document attached.

http://www.rns-pdf.londonstockexchange.com/rns/1879O_-2016-11-2.pdf
For enquiries:
Tinkoff Bank
Darya Ermolina
Head of PR
+ 7 495 648-10-00 (ext. 2009)
d.ermolina@tinkoff.ru
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. The Group has also developed a "smart courier" network covering almost all 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, agent-based mortgage products and investment services. With its special focus on mobile, 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.
As at 1September 2016, the bank was the second largest player in the Russian credit card market, with a market share of 9.7%. The Group's 1H2016 IFRS net income amounted to RUB4.4bn.
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 TinkoffBank as the Best Consumer Digital Bank inRussia. 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. 

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