Tinkoff

TCS Group Holding PLC: Notification of Q3 2020 IFRS Results and Conference Call

Friday, October 23, 2020 - 1:07pm

TCS Group Holding PLC is an innovative provider of online retail financial services.

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail financial services.
  • The Group is currently developing Tinkoff ecosystem, which offers financial and lifestyle services.
  • Tinkoff Bank is the second largest player in the Russian credit card market, with a share of 13.2%.
  • The 1H 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 19.3bn.

TCS Group Holding PLC: Statement regarding termination of discussions

Friday, October 16, 2020 - 11:01am

(RUS) Vladimir Blinov /Sergey Zyryaev Tel: +7 495 967 1000

Key Points: 
  • (RUS) Vladimir Blinov /Sergey Zyryaev Tel: +7 495 967 1000
    TCS Group Holding PLC is an innovative provider of online retail financial 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 1H 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 19.3bn.
  • With no branches, the Group serves all its customers remotely via online channels and a cloud-based call centre.

Yandex and Tinkoff Group Terminate Discussions

Friday, October 16, 2020 - 10:05am

MOSCOW and AMSTERDAM, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Yandex N.V. (NASDAQ and MOEX: YNDX) (Yandex, we or the Company), one of Europes largest internet companies and the leading search and ride-hailing provider in Russia, refers to its discussions regarding a possible offer for TCS Group Holding PLC (Tinkoff), as previously announced by the Company on September 22, 2020.

Key Points: 
  • MOSCOW and AMSTERDAM, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Yandex N.V. (NASDAQ and MOEX: YNDX) (Yandex, we or the Company), one of Europes largest internet companies and the leading search and ride-hailing provider in Russia, refers to its discussions regarding a possible offer for TCS Group Holding PLC (Tinkoff), as previously announced by the Company on September 22, 2020.
  • Yandex regrets to confirm that it has not been able to agree definitive transaction terms with the core shareholders of Tinkoff, and accordingly that the parties have mutually agreed to terminate discussions regarding a possible offer by Yandex for 100% of the share capital of Tinkoff.
  • We wish to express our appreciation for the efforts Tinkoff has made in pursuing our discussions, and our continued respect for the Tinkoff team.
  • Yandex therefore confirms that it does not intend to make an offer for Tinkoff.

Statement on Tinkoff Bank's RAS Financial Highlights for January - August 2020

Tuesday, September 29, 2020 - 5:08pm

Moscow,Russia-29 September 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - August 2020.

Key Points: 
  • Moscow,Russia-29 September 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - August 2020.
  • For the eight months of 2020, net incomestood at RUB22.9bn versus RUB 19.3bn in January - August 2019.
  • It should be noted that the RAS net income figure is not a reliable indicator of IFRS net income for the same period.
  • There is a very low correlation between financial results under the two reporting standards as a result of significant accounting differences.

TCS Group Holding PLC: Statement regarding media speculation

Tuesday, September 22, 2020 - 6:03pm

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Key Points: 
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    (RUS) Vladimir Blinov / Sergey Zyryaev Tel: +7 495 967 1000
    (UK) James Robinson / Jonty Edwards Tel: +44 2077424000
    TCS Group Holding PLC is an innovative provider of online retail financial services.
  • It includes Tinkoff Bank, mobile virtual network operator Tinkoff Mobile, Tinkoff Insurance, 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.
  • Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Yandex Confirms Discussions with Tinkoff Group

Tuesday, September 22, 2020 - 5:58pm

MOSCOW and AMSTERDAM, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Yandex N.V. (NASDAQ and MOEX: YNDX) (Yandex, we or the Company), one of Europes largest internet companies and the leading search and ride-hailing provider in Russia, today confirmed that it is in discussions with TCS Group Holding PLC (Tinkoff) regarding a possible offer by Yandex for 100% of the share capital of Tinkoff (the Potential Transaction).

Key Points: 
  • MOSCOW and AMSTERDAM, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Yandex N.V. (NASDAQ and MOEX: YNDX) (Yandex, we or the Company), one of Europes largest internet companies and the leading search and ride-hailing provider in Russia, today confirmed that it is in discussions with TCS Group Holding PLC (Tinkoff) regarding a possible offer by Yandex for 100% of the share capital of Tinkoff (the Potential Transaction).
  • There can be no certainty that any firm offer will be made for Tinkoff, nor as to the final terms on which any firm offer might be made.
  • The current intention of Yandex and Tinkoff is for the Potential Transaction to be implemented by means of a scheme of arrangement of Tinkoff under Cyprus law.
  • If thePotential Transaction proceeds, Yandex will provide notice of its shareholders meetings and accompanying documentation in due course.

TCS Group Holding PLC: Statement on Tinkoff Bank's RAS Financial Highlights for January - July 2020

Thursday, August 27, 2020 - 9:00am

Moscow,Russia-27 August 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - July 2020.

Key Points: 
  • Moscow,Russia-27 August 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - July 2020.
  • For the seven months of 2020, net incomestood at RUB21bn versus RUB 16.7bn in January - July 2019.
  • It should be noted that the RAS net income figure is not a reliable indicator of IFRS net income for the same period.
  • There is a very low correlation between financial results under the two reporting standards as a result of significant accounting differences.

TCS Group Holding PLC: PDMR Transactions in GDRs

Thursday, August 13, 2020 - 6:02pm

TCS Group Holding PLC is an innovative provider of online retail financial services.

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail financial services.
  • 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 and on the Moscow Exchange.
  • The 2Q 2020 IFRS net income of TCS Group Holding PLC amounted toRUB 10.2 bn.

TCS Group Holding PLC: Notice of AGM

Wednesday, July 29, 2020 - 4:03pm

TCS Group Holding PLC is an innovative provider of online retail financial services.

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail financial services.
  • 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 and on the Moscow Exchange.
  • The 3M 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 9 bn.

TCS Group Holding PLC: Statement on Tinkoff Bank's RAS Financial Highlights for January - June 2020

Wednesday, July 29, 2020 - 11:02am

Moscow,Russia-29 July 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - June 2020.

Key Points: 
  • Moscow,Russia-29 July 2020.TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces Tinkoff Bank's unaudited RAS financial highlights for January - June 2020.
  • For the six months of 2020, net incomestood at RUB16.2bn versus RUB 11.5bn in January - June 2019.
  • It should be noted that the RAS net income figure is not a reliable indicator of IFRS net income for the same period.
  • There is a very low correlation between financial results under the two reporting standards as a result of significant accounting differences.