REG-TCS Group Holding PLC TCS Group Holding PLC: Tinkoff Controlling Shareholder Increases Stake <Origin Href="QuoteRef">TCSq.L</Origin>

TCS HoldingAnnouncement

20/07/2017 16:30

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   TCS Group Holding PLC / Transaction in Own Shares*
   TCS Group Holding PLC: Tinkoff Controlling Shareholder Increases Stake
   (news with additional features)

   20-Jul-2017 / 17:30 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 Increases Stake

   Moscow, Russia - 20 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 and PDMR, Oleg Tinkov, in line with the plans he announced on
   10 July.

    

   Oleg Tinkov purchased a further 128,341 GDRs between 17 and 19 July for a
   total amount of close to USD 1.59mn. This is in addition to 1,693,205 GDRs
   purchased earlier in July 2017 for approximately USD 19.8mn.

    

   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. 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 a Russian entrepreneur Oleg Tinkov and
   has been listed at 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 the entire 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
   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 May 2017, the bank was the second largest player in the Russian
   credit card market, with a market share of 11%. The 1Q 2017 IFRS net
   income of TCS Group Holding PLC 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=URLMSRATWI
   Document title: PDMR Notifications as of 20 July 2017

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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.:  4437


    
   End of Announcement EquityStory.RS, LLC News Service

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   594457  20-Jul-2017 

    4 fncls.ssp?fn=show_t_gif&application_id=594457&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=663b454134cc2bc07eac4a412ba28c5e&application_id=594457&site_id=reuters8&application_name=news


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