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>16-Sep-2019</chron> / <chron>18:19 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">16</span><span style="font-family:Arial; font-size:12pt; font-weight:bold"> </span><span style="font-family:Arial; font-size:12pt; font-weight:bold">September</span><span style="font-family:Arial; font-size:12pt; font-weight:bold"> </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 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">Details of the transactions are in the document 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:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial; font-weight:bold">TCS </span><span style="font-family:Arial; font-weight:bold">Group</span><span style="font-family:Arial; font-weight:bold"> </span><span style="font-family:Arial; font-weight:bold">Holding</span><span style="font-family:Arial; font-weight:bold"> PLC</span></p> <p style="margin-top:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial"><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>, management company <org>Tinkoff Capital</org>, Tinkoff Software DC, a network of development hubs in major Russian cities, and Tinkoff Education. The Group is currently developing Tinkoff </span><span style="font-family:Arial">ecosystem,which</span><span style="font-family:Arial"> offers financial and lifestyle services.</span></p> <p style="margin-top:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial">The Group was founded in 2006 by Russian entrepreneur Oleg </span><span style="font-family:Arial">Tinkov</span><span style="font-family:Arial"> and has been listed on the <org>London Stock Exchange</org> since <chron>October 2013</chron>.</span></p> <p style="margin-top:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial">The Group&apos;s key business is <org>Tinkoff Bank</org>, a fully online bank that serves aroun</span><span style="font-family:Arial">d 10 </span><span style="font-family:Arial">mn</span><span style="font-family:Arial"> customers and forms the core of the Tinkoff ecosystem.</span></p> <p style="margin-top:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial"><org>Tinkoff Bank</org> is the second largest player in the Russian credit card market, with a share of 13%. The 1H 2019 IFRS net income of <org>TCS Group Holding PLC</org> amounted to <money>RUB 15.4 bn</money>. The ROE was 64.3%.</span></p> <p style="margin-top:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial">With no branches, the Group serves all its customers remotely via online channels and a cloud-based call </span><span style="font-family:Arial">centre</span><span style="font-family:Arial">. The </span><span style="font-family:Arial">centre</span><span style="font-family:Arial"> is staffed by over 10,000 employees, making it one of the 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:12pt; margin-bottom:12pt; font-size:11pt"><span style="font-family:Arial">In 2018, Global Finance named <org>Tinkoff Bank</org> the world&apos;s Best Consumer Digital Bank, and in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank in </span><span style="font-family:Arial">Russia.In</span><span style="font-family:Arial"> 2017 and 2013, the Banker </span><span style="font-family:Arial">recognised</span><span style="font-family:Arial"> <org>Tinkoff Bank</org> as the Bank of the Year in <location value="LC/ru" idsrc="xmltag.org" >Russia</location>. The bank&apos;s mobile app has </span><span style="font-family:Arial">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: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=78adaf73572b4ea1953518f2cf3fb690&amp;application_id=874439&amp;site_id=acquiremedia_html&amp;application_name=news">http://n.eqs.com/c/fncls.ssp?u=HUHDLWVUJQ</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">20253</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">EQS News ID:</td> <td align="left" valign="top">874439</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=874439&amp;application_name=news&amp;site_id=acquiremedia_html" alt="fncls.ssp?fn=show_t_gif&amp;application_id=874439&amp;application_name=news&amp;site_id=acquiremedia_html" width="0" height="0" border="0"/></body></html>