REG-TCS Group Holding PLC TCS Group Holding PLC: Conversion of Class B Shares <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

24/11/2017 13:25

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   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC: Conversion of Class B Shares

   24-Nov-2017 / 14:23 CET/CEST
   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: Conversion of Class B Shares

   Moscow, Russia - 24 November 2017. TCS Group Holding PLC (TCS LI) (the
   "Group"), Russia's leading provider of online retail financial services
   via its Tinkoff.ru financial supermarket, today announces that 5,745,145
   Class B Shares in the Group that had been held indirectly by Oleg Tinkov
   were converted to Class A Shares with effect from 22 November 2017.

    

   As a result of the conversion, Oleg Tinkov's voting rights in the Group
   have decreased from 91.06% to 89.98%. Following the conversion, the total
   number of votes in issue is now 960,234,631.

    

   The total number of Class A shares in issue is 96,239,291, together with
   86,399,534 Class B Shares.

    

   For enquiries:                                               
                                 Tinkoff Bank
   Tinkoff Bank
                                 Larisa Chernysheva
   Darya Ermolina
   Head of PR                    IR Department
                                                                
   + 7 495 648-10-00 (ext. 2009) + 7 495 648-10-00 (ext. 2312)

    1 media@tinkoff.ru            2 ir@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. TCS
   Group includes Tinkoff Bank, mobile virtual operator network Tinkoff
   Mobile, Tinkoff Insurance, and Tinkoff Software DC, a network of
   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 1,800
   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 October 2017, the bank was the second largest player in the
   Russian credit card market, with a market share of 11.6%. The 9M 2017 IFRS
   net income of TCS Group Holding PLC amounted to RUB 12.6 bn, ROE stood at
   48.8%.

   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.

    

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   ISIN:          US87238U2033
   Category Code: CON
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  4916


    
   End of Announcement EQS News Service

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   632547  24-Nov-2017 

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References

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


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