REG-TCS Group Holding PLC TCS Group Holding PLC: Tinkoff Controlling Shareholder and other PDMRs Increase Stakes <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

17/07/2017 15:55

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   TCS Group Holding PLC / Transaction in Own Shares*
   TCS Group Holding PLC: Tinkoff Controlling Shareholder and other PDMRs
   Increase Stakes (news with additional features)

   17-Jul-2017 / 16:52 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS,
   LLC - a company of EQS Group AG.
   The issuer is solely responsible for the content of this announcement.

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   Tinkoff Controlling Shareholder and other PDMRs Increase Stakes

   Moscow, Russia - 17 July 2017. TCS Group Holding PLC (TCS LI) (the
   "Group"), Russia's leading provider of online retail financial services,
   has been notified of transactions in its GDRs by the Group's controlling
   shareholder, Oleg Tinkov, as part of his continuing commitment to increase
   his stake in the Group.

   Oleg Tinkov purchased a further 363,205 GDRs in the week ending 14 July
   2017 for a total amount of close to USD 4.5mn. This is in addition to
   1,330,000 GDRs purchased earlier in July 2017 for approximately USD 15.3mn
   and announced on 10 July. His actions highlight his confidence in the
   Group's strong performance.

   The Group has also been notified of transactions in its GDRs by two other
   PDMRs, Artem Yamanov, Tinkoff Bank's Business Development Director, and
   Stanislav Bliznyuk, Tinkoff Bank's COO.

   Details of the purchases are in the documents attached.

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

   Tinkoff is transitioning to become an online financial marketplace,
   Tinkoff.ru, which offers an entire range of both own brand and partner
   retail financial services via mobile and desktop.

   As at 1 May 2017, the bank was the second largest player in the Russian
   credit card market, with a market share of 11%. The 1Q17 IFRS net income
   of the parent company, TCS Group Holding PLC, which includes Tinkoff Bank
   and the insurance company Tinkoff Insurance, amounted to RUB 3.4 bn, ROE
   stood at 43%. 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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   Additional features:

   Document:  3 http://n.eqs.com/c/fncls.ssp?u=GHARWJTGWH
   Document title: PDMR Notifications

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   The EquityStory.RS, LLC Distribution Services include Regulatory
   Announcements, Financial/Corporate News and Press Releases.
   Archive at www.dgap.de/ukreg

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   Language:      English
   Company:       TCS Group Holding PLC
                  2nd Floor, Sotiri Tofini 4, Agios Athanasios
                  4102 Limassol
                  Cyprus
   Phone:         +7 495 648-10-00
   Fax:           +7 495 645-59-09
   E-mail:        media@tinkoff.ru
   Internet:      https://www.tinkoff.ru
   ISIN:          US87238U2033
   Listed:        Foreign Exchange(s) London, Moscow
   Category Code: POS
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  4423


    
   End of Announcement EquityStory.RS, LLC News Service


   593319  17-Jul-2017 

    4 fncls.ssp?fn=show_t_gif&application_id=593319&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:d.ermolina@tinkoff.ru
   2. mailto:ir@tcsbank.ru
   3. http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=66e25c2c254df78a56800658e4c3d76c&application_id=593319&site_id=reuters8&application_name=news


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