ISIN:US87238U2033

TCS Group Holding PLC: PDMR Transactions in GDRs

Oleg Tinkov, Tinkoff, International Financial Reporting Standards, Cycle racing, Business, Economy, Tinkoff Bank
Tuesday, January 19, 2021 - 9:02pm

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

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail and SME 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 since October 2013.
  • The 3Q 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 12.6 bn.

TCS Group Holding PLC: Total conversion of Class B shares and reclassification and redesignation of all issued shares as 'ordinary shares'

Financial markets, Finance, Financial economics, Stock market, Corporate finance, Bankruptcy, Fixed income, Pari passu, Equity securities, B share, Issued shares, Preferred stock
Thursday, January 7, 2021 - 8:02am

It is anticipated that these Class B shares shall be converted to Class A shares with effect from 7 January 2021.

Key Points: 
  • It is anticipated that these Class B shares shall be converted to Class A shares with effect from 7 January 2021.
  • The converted Class B shares rank pari passu in all respects and for all purposes with each pre existing Class A share.
  • Following the conversion, each share shall carry a single vote, and the total number of votes capable of being exercised shall be equal to the total number of issued shares (currently 199,305,492 shares following the Class B share conversion).
  • As a result of the conversion, Oleg Tinkov's voting rights in the Group shall decrease from 84% to 35%.

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

Tinkoff Bank, Tinkoff, MOEX, Cycle racing, Cycle sport, Oleg Tinkov
Monday, December 28, 2020 - 1:06pm

Moscow,Russia-28 December 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 - November 2020.

Key Points: 
  • Moscow,Russia-28 December 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 - November 2020.
  • For the eleven months of 2020, net incomestood at RUB30.5bn versus RUB 26.7bn in January - November 2019.
  • There is a very low correlation between financial results under the two reporting standards as a result of significant accounting differences.
  • In November 2020, Tinkoff Bank paid dividends to its shareholder (TCSGH) in the amount of RUB 3bn.

TCS Group Holding PLC: PDMR Transactions in GDRs

Oleg Tinkov, Tinkoff, International Financial Reporting Standards, Cycle racing, Business, Economy, Tinkoff Bank
Tuesday, December 22, 2020 - 7:03pm

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

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail and SME 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 since October 2013.
  • The 3Q 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 12.6 bn.

TCS Group Holding PLC: Conversion of Class B Shares

Oleg Tinkov, Tinkoff, International Financial Reporting Standards, Cycle racing, Business, Economy, Tinkoff Bank
Monday, December 14, 2020 - 8:05pm

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

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail and SME 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 since October 2013.
  • The 3Q 2020 IFRS net income of TCS Group Holding PLC amounted toRUB 12.6 bn.

PLACING OF 10,655,737 GLOBAL DEPOSITARY RECEIPTS REPRESENTING INTERESTS IN CLASS A SHARES OF TCS GROUP HOLDING PLC (THE 'COMPANY') BY THE RIGI TRUST

Financial markets, Financial economics, Stock market, Finance, Corporate finance, Initial public offering, Security, Bookrunner, 73rd United States Congress
Friday, December 11, 2020 - 7:00am

The distribution of this announcement and the offering or sale of the Placing Securities in certain jurisdictions may be restricted by law.

Key Points: 
  • The distribution of this announcement and the offering or sale of the Placing Securities in certain jurisdictions may be restricted by law.
  • Persons into whose possession this announcement comes are required by Rigi Trust and the Bookrunner to inform themselves about and to observe any applicable restrictions.
  • There will be no public offering of the Placing Securities in the United States or elsewhere.
  • Any investment decision to buy securities in the Placing must be made solely on the basis of publicly available information.

TCS Group Holding PLC: PDMR Transactions in GDRs

Oleg Tinkov, Tinkoff, International Financial Reporting Standards, Cycle racing, Business, Economy, Tinkoff Bank
Wednesday, December 2, 2020 - 6:05pm

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

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail and SME 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 since October 2013.
  • The 3Q 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 12.6 bn.

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

Tinkoff Bank, International Financial Reporting Standards, MOEX, Financial services, Business, Finance, Oleg Tinkov
Tuesday, December 1, 2020 - 10:01am

Moscow,Russia-01 December 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 - October 2020.

Key Points: 
  • Moscow,Russia-01 December 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 - October 2020.
  • For the ten months of 2020, net incomestood at RUB27.8bn versus RUB 25.3bn in January - October 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

Oleg Tinkov, Tinkoff, International Financial Reporting Standards, Cycle racing, Business, Economy, Tinkoff Bank
Monday, November 23, 2020 - 8:02pm

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

Key Points: 
  • TCS Group Holding PLC is an innovative provider of online retail and SME 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 since October 2013.
  • The 3Q 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 12.6 bn.

TCS Group Holding PLC reports strong performance in 3Q'20; announces 4th 2020 interim dividend and updated guidance

3Q
Thursday, November 12, 2020 - 8:01am

The interest yield on the Group's securities portfolio decreased to 5.3% (3Q'19: 6.5%), primarily due to declining rouble interest rates.

Key Points: 
  • The interest yield on the Group's securities portfolio decreased to 5.3% (3Q'19: 6.5%), primarily due to declining rouble interest rates.
  • Cost of risk fell to 6.5% 3Q'20, a material decline from 9.1% in 3Q'19 and 12.5% in 2Q'20.
  • Our risk-adjusted net interest margin rose compared to 2Q'20, remaining at a comfortable level of 11.8% in 3Q'20 (3Q'19: 14.9%).
  • The Group's customer accounts increased by 25% since the end of 2019 to RUB 513.4 bn (31 Dec'19: RUB 411.6 bn).