REG-TCS Group Holding PLC Transactions in own GDRs: TCS Group Ups Buyback of GDRs

TCS HoldingAnnouncement

18/05/2021 19:50

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   TCS Group Holding PLC (TCS)
   Transactions in own GDRs: TCS Group Ups Buyback of GDRs

   18-May-2021 / 21:49 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 - 18 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, 18, 2021, Group purchased a total of 338 825 GDRs at a
   gross average price per GDR of USD 58,2680. On May,18 Group purchased 450
   GDRs at gross average price per GDR of US $61,9991. Price for May, 18
   ranged as follows:
   18 May - min $61,9800; max $62,0000 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

   TCS Group Holding PLC

   TCS Group Holding PLC is an innovative provider of online retail financial
   services. Its portfolio includes Tinkoff Bank, the mobile virtual network
   operator Tinkoff Mobile, Tinkoff Insurance, the management company Tinkoff
   Capital, Tinkoff Software DC, a network of development hubs in Russia's
   largest cities, and Tinkoff Education. The Group is currently developing
   the 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 and on the Moscow Exchange.

    

   The Group's largest business is Tinkoff Bank, a fully online bank that
   serves over 13 million customers and represents the core of the Tinkoff
   ecosystem.

   Tinkoff Bank is the second largest player in the Russian credit card
   market, with a share of 14.0%. The 2020 IFRS net income of TCS Group
   Holding PLC amounted to RUB 44.2 billion. The ROE was 40.6%.

    

   With no branches, the Group serves all its customers remotely via online
   channels and a cloud-based call centre. To ensure smooth delivery of the
   Group's products, the Group has a proprietary nationwide network of
   representatives.

    

   Global Finance named Tinkoff Bank the world's Best Digital Consumer Bank
   in 2018 and 2020, the Best Digital Consumer Bank in Russia in 2020, 2018,
   2016 and 2015, and the Best Digital Consumer Bank in Central and Eastern
   Europe in 2019 and 2020. The Banker recognised Tinkoff Bank as the Bank of
   the Year in Russia in 2017 and 2013, and as the Best-performing Russian
   Bank in 2020. The bank's mobile app has consistently received top industry
   ratings and awards (by Deloitte in 2013, 2014, 2015, 2016 and by Global
   Finance in 2018 and 2020) and in 2020, was ranked by Forbes among the
   top-3 Best Russian Employers.

    

    

    

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   ISIN:          US87238U2033
   Category Code: POS
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  105899
   EQS News ID:   1198069


    
   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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