DJ Transactions in own GDRs: TCS Group Ups Buyback of GDRs
TCS Group Holding PLC (TCS)
Transactions in own GDRs: TCS Group Ups Buyback of GDRs
20-May-2021 / 23:49 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 - 20 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, 20, 2021, Group purchased a total of 425 017 GDRs at a gross average price per GDR of USD 58,9620.
On May, 20 Group purchased 39 716 GDRs at gross average price per GDR of USD 61,661108.
Price for May, 20 ranged as follows:
20 May - min USD60,88 max USD62,00 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)
ir@tinkoff.ru
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. -----------------------------------------------------------------------------------------------------------------------
ISIN: US87238U2033 Category Code: POS TIDM: TCS LEI Code: 549300XQRN9MR54V1W18 Sequence No.: 106487 EQS News ID: 1199130 End of Announcement EQS News Service =------------------------------------------------------------------------------------ Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1199130&application_name=news
(END) Dow Jones Newswires
May 20, 2021 16:50 ET (20:50 GMT)
