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TCS Group Holding PLC (TCS)
Transactions in own GDRs: TCS Group Ups Buyback of GDRs
06-May-2021 / 23:51 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Transactions in own GDRs: TCS Group Ups Buyback of GDRs
Limassol, Cyprus - 06 May 2021. TCS Group Holding PLC (LI: TCS, MOEX:
TCSG) ("Company"), Russia's leading provider of online financial and
lifestyle services via its Tinkoff ecosystem, today publishes an update
on buyback transactions in its GDRs.
On 22 April - May, 6, 2021, Group purchased a total of 338 375 GDRs at a
gross average price per GDR of USD 58,2630. On May, 6 Group purchased
501 GDRs at gross average price per GDR of US 58,9912. Price for May, 6
ranged as follows:
06 May - min $58,99; max $59,0 per GDR;
The Buyback Programme is ongoing. The GDRs repurchased by the Company
will be held in treasury pending cancellation or other permitted use.
The Programme was conducted consistent with the general authority to
repurchase shares/GDRs granted by the Company's shareholders at the 2020
annual general meeting, and otherwise in accordance with applicable laws
and regulations.
For enquiries:
Tinkoff
Tinkoff
Artem Lebedev
PR Department Larisa Chernysheva
IR Department
+ 7 495 648-10-00 (ext. 2202)
+ 7 495 648-10-00 (ext. 2312)
Alexandr Leonov
Andrey Pavlov-Rusinov
+ 7 495 648-10-00 (ext. 35738)
2 ir@tinkoff.ru
1 pr@tinkoff.ru
About Tinkoff Group
TCS Group Holding PLC is an innovative provider of online retail and SME
financial services. It includes Tinkoff Bank, its mobile virtual network
operator Tinkoff Mobile, Tinkoff Insurance, its asset management company
Tinkoff Capital, Tinkoff Software DC, a network of development hubs in
major Russian cities, and Tinkoff Education. The Group is currently
developing Tinkoff ecosystem, which offers financial and lifestyle
services.
The Group was founded in 2006 by Russian entrepreneur Oleg Tinkov and
has been listed on the London Stock Exchange since October 2013.
The Group's key business is Tinkoff Bank, a fully online bank that
serves over 13 mn customers and forms the core of the Tinkoff ecosystem.
Tinkoff Bank is the second largest player in the Russian credit card
market, with a share of 13.5%. The 2020 IFRS net profit of TCS Group
Holding PLC amounted to RUB 44.2 billion. The ROE was above 40%.
With no branches, the Group serves all its customers remotely via online
channels and a cloud-based call centre. The centre is staffed by over
10,000 employees, making it one of the largest in Europe. To ensure
smooth delivery of the Group's products, the Group has a nationwide
network of over 2,500 representatives.
In 2020 Tinkoff was named the world's Best Consumer Digital Bank and
honoured with multiple other category wins at Global Finance's Digital
Bank Awards 2020.Tinkoff was also recognised as Russia's Best-Performing
Bank Overall by The Banker magazine, which scored Tinkoff's 2020
performance in the areas of growth, profitability, operational
efficiency, asset quality, return on risk, liquidity, soundness and
leverage. Tinkoff was also recognised among Russia's Top 3 Employers for
2020, according to Forbes.'
Earlier in 2018, Global Finance named Tinkoff Bank the world's Best
Consumer Digital Bank, and in 2020, 2019, 2018, 2016 and 2015, the Best
Consumer Digital Bank in Russia. In 2017 and 2013, the Banker recognized
Tinkoff Bank as the Bank of the Year in Russia. The bank's mobile app
has been consistently praised by local and global independent experts as
the best of its kind (in 2013, 2014, 2015, 2016 by Deloitte and in 2018
by Global Finance).
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ISIN: US87238U2033
Category Code: POS
TIDM: TCS
LEI Code: 549300XQRN9MR54V1W18
Sequence No.: 103563
EQS News ID: 1193706
End of Announcement EQS News Service
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References
Visible links
1. mailto:pr@tinkoff.ru
2. mailto:ir@tcsbank.ru
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