Company Announcements

TCS Group Holding PLC: PDMR Transactions

Source: EQS
<html xmlns="http://www.w3.org/1999/xhtml"><body><table border="0" cellpadding="0" cellspacing="0"><tr><td> <p><org>TCS Group Holding PLC</org> (TCS)<br/> <org>TCS Group Holding PLC</org>: PDMR Transactions <br/><br/><span><chron>19-Aug-2019</chron> / <chron>13:04 MSK</chron></span><br/> Dissemination of a Regulatory Announcement, transmitted by EQS Group.<br/> The issuer is solely responsible for the content of this announcement.<br/><br/></p> <hr/><div><div> <p style="margin-top:0pt; margin-bottom:30pt; line-height:24pt"><span style="font-family:Arial; font-size:24pt"><org>TCS Group Holding PLC</org>: </span><span style="font-family:Arial; font-size:24pt">PDMR </span><span style="font-family:Arial; font-size:24pt">Transactions</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt; font-weight:bold">Limassol, <location value="LC/cy" idsrc="xmltag.org" >Cyprus</location> - </span><span style="font-family:Arial; font-size:12pt; font-weight:bold">19</span><span style="font-family:Arial; font-size:12pt; font-weight:bold"> </span><span style="font-family:Arial; font-size:12pt; font-weight:bold">August</span><span style="font-family:Arial; font-size:12pt; font-weight:bold"> 201</span><span style="font-family:Arial; font-size:12pt; font-weight:bold">9. </span><span style="font-family:Arial; font-size:12pt"><org>TCS Group Holding PLC</org> (</span><span style="font-family:Arial; font-size:12pt; font-weight:bold">TCS LI</span><span style="font-family:Arial; font-size:12pt">) (the &quot;Group&quot;), <location value="LC/ru" idsrc="xmltag.org" >Russia&apos;s</location> leading provider of online retail financial and lifestyle services via its Tinkoff financial ecosystem, has been notified of transactions </span><span style="font-family:Arial; font-size:12pt">by Sergey </span><span style="font-family:Arial; font-size:12pt">Pirogov</span><span style="font-family:Arial; font-size:12pt">, Head of Corporate Finance of Tinkoff and the Group&apos;s PDMR.</span><span style="font-family:Arial; font-size:12pt"> </span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial">T</span><span style="font-family:Arial">he dealing was made in accordance with irrevocable dealing </span><span style="font-family:Arial">instructions</span><span style="font-family:Arial"> approved on <chron>12 July 2019</chron>.</span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:'Times New Roman'">&#160;</span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial">Details of the transactions are in the docum</span><span style="font-family:Arial">ent attached.</span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial">&#160;</span></p> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse"><tbody><tr><td colspan="2" style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"> <p style="margin-top:6pt; margin-bottom:12pt; text-align:justify; font-size:12pt"><span style="font-family:Arial; font-weight:bold">For enquiries:</span></p> </td> </tr><tr><td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial"><org>Tinkoff Bank</org></span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial; font-weight:bold">Darya </span><span style="font-family:Arial; font-weight:bold">Ermolina</span><br/><span style="font-family:Arial">Head of PR </span></p> <p style="margin-top:0pt; margin-bottom:0pt; text-align:justify; font-size:12pt"><span style="font-family:Arial">+ 7 495 648-10-00 (ext. 2009)</span></p> <p style="margin-top:0pt; margin-bottom:0pt; text-align:justify; font-size:12pt"><a href="mailto:d.ermolina@tinkoff.ru" style="text-decoration:none"><span style="font-family:Arial; text-decoration:underline; color:#000000">d.ermolina@tinkoff.ru</span></a></p> </td> <td style="padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial"><org>Tinkoff Bank</org></span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial; font-weight:bold">Larisa </span><span style="font-family:Arial; font-weight:bold">Chernysheva</span><br/><span style="font-family:Arial">IR Department</span></p> <p style="margin-top:0pt; margin-bottom:0pt; text-align:justify; font-size:12pt"><span style="font-family:Arial">+ 7 495 648-10-00 (ext. 2312)</span></p> <p style="margin-top:0pt; margin-bottom:0pt; text-align:justify; font-size:12pt"><a href="mailto:ir@tcsbank.ru" style="text-decoration:none"><span style="font-family:Arial; text-decoration:underline; color:#000000">ir@tinkoff.ru</span></a></p> <p style="margin-top:0pt; margin-bottom:0pt; text-align:justify; font-size:12pt"><span style="font-family:Arial">&#160;</span></p> </td> </tr></tbody></table><p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"><span style="font-family:Arial; font-weight:bold">About the Group</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt"><org>TCS Group Holding PLC</org> is an innovative provider of online retail financial services. It includes <org>Tinkoff Bank</org>, mobile virtual network operator Tinkoff Mobile, <org>Tinkoff Insurance</org>, and Tinkoff Software DC, a network of development hubs in major Russian cities. The Group also has Tinkoff.ru, an evolving ecosystem that offers financial and lifestyle services.</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt">The Group was founded in 2006 by Russian entrepreneur Oleg </span><span style="font-family:Arial; font-size:12pt">Tinkov</span><span style="font-family:Arial; font-size:12pt"> and has been listed on the <org>London Stock Exchange</org> since <chron>October 2013</chron>.</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt">The Group&apos;s key business is <org>Tinkoff Bank</org>, the country&apos;s first and only direct bank and the core of the Tinkoff.ru ecosystem.</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt"><org>Tinkoff Bank</org> is the second largest player in the Russian credit card market, with a share of 12.4% as of <chron>1 April 2019</chron>. The 1Q&apos;19 IFRS net income of <org>TCS Group Holding PLC</org> amounted to <money>RUB 7.2</money> </span><span style="font-family:Arial; font-size:12pt">bn</span><span style="font-family:Arial; font-size:12pt">, ROE stands at 64.4%.</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt">With no branches, the Group serves all its customers remotely via online channels and a cloud-based call centre staffed by over 10,000 employees, which makes it one of the </span><span style="font-family:Arial; font-size:12pt">largest in <location value="LR/eur" idsrc="xmltag.org" >Europe</location>. To ensure smooth delivery of the Group&apos;s products, the Group has a nationwide network of over 2,500 representatives.</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt">In 2018 Global Finance named <org>Tinkoff Bank</org> the world&apos;s Best Consumer Digital Bank, in 2018, 2016 and 2015, the Best Consumer Digital Bank in <location value="LC/ru" idsrc="xmltag.org" >Russia</location>, and in 2017 and 2013 The Banker recognised it as the Bank of the Year in <location value="LC/ru" idsrc="xmltag.org" >Russia</location>. The bank&apos;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).</span></p> <p style="margin-top:14pt; margin-bottom:14pt; line-height:13.5pt"><span style="font-family:Arial; font-size:12pt">&#160;</span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:11pt"><span style="font-family:Arial; font-weight:bold">Forward-looking statements</span></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:11pt"><span style="font-family:Arial; font-style:italic">Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of the Group and </span><span style="font-family:Arial; font-style:italic">Tinkoff</span><span style="font-family:Arial; font-style:italic"> Bank. You can identify forward looking statements by terms such as &quot;expect&quot;, &quot;believe&quot;, &quot;anticipate&quot;, &quot;estimate&quot;, &quot;intend&quot;, &quot;will&quot;, &quot;could,&quot; &quot;may&quot; or &quot;might&quot;, the negative of such terms or other similar expressions. The Group and </span><span style="font-family:Arial; font-style:italic">Tinkoff</span><span style="font-family:Arial; font-style:italic"> Bank wish to caution you that these statements are only predictions and that actual events or results may differ materially. The Group and </span><span style="font-family:Arial; font-style:italic">Tinkoff</span><span style="font-family:Arial; font-style:italic"> Bank do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Group and </span><span style="font-family:Arial; font-style:italic">Tinkoff</span><span style="font-family:Arial; font-style:italic"> Bank, including, among others, general economic conditions, the competitive environment, risks associated with operating in <location value="LC/ru" idsrc="xmltag.org" >Russia</location>, rapid technological and market change in the industries the Group operates in, as well as many other risks specifically related to the Group, </span><span style="font-family:Arial; font-style:italic">Tinkoff</span><span style="font-family:Arial; font-style:italic"> Bank and their respective operations.</span></p> <p style="margin-top:6pt; margin-bottom:6pt; font-size:12pt"><span style="font-family:Arial">&#160;</span></p> <p style="margin-top:0pt; margin-bottom:0pt; line-height:115%; font-size:12pt"><span style="font-family:Arial">&#160;</span></p> </div> </div> <hr/>Attachment<br/><br/>Document title: Details of the transactions<br/>Document: <a href="https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&amp;url=f73b99c9139f31d562f45d2a057c07c0&amp;application_id=859511&amp;site_id=acquiremedia_html&amp;application_name=news">http://n.eqs.com/c/fncls.ssp?u=ALUFMNTIGM</a><br/><br/><hr/></td> </tr></table><table><tr><td align="left" valign="top" nowrap="nowrap"/> <td align="left" valign="top"/> </tr><tr><td align="left" valign="top" nowrap="nowrap">ISIN:</td> <td align="left" valign="top">US87238U2033</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Category Code:</td> <td align="left" valign="top">MSCM</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">LSE Ticker:</td> <td align="left" valign="top">TCS</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">LEI Code:</td> <td align="left" valign="top">549300XQRN9MR54V1W18</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Sequence No.:</td> <td align="left" valign="top">17216</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">EQS News ID:</td> <td align="left" valign="top">859511</td> </tr></table><br/><table border="0" cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" colspan="2"/> </tr></table><table border="0"><tr><td align="left" valign="top" colspan="2">&#160;</td> </tr><tr><td align="left" valign="top">End of Announcement</td> <td align="left" valign="top"><org>EQS News Service</org></td> </tr></table><table border="0" width="600" cellpadding="0" cellspacing="0"><tr><td> <hr/></td> </tr></table><p> </p> <img src="https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=show_t_gif&amp;application_id=859511&amp;application_name=news&amp;site_id=acquiremedia_html" alt="fncls.ssp?fn=show_t_gif&amp;application_id=859511&amp;application_name=news&amp;site_id=acquiremedia_html" width="0" height="0" border="0"/></body></html>
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