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TCS GROUP HOLDING PLC GDR (EACH (TCS.IL)

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  • EQS Group

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

    TCS Group Holding PLC (TCS) 23-Oct-2020 / 14:13 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. TCS Group Holding PLC: Notification of Q3 2020 IFRS Results and Conference Call Limassol, Cyprus - 23 October 2020. TCS Group Holding PLC (TCS LI) (the "Group"), Russia's leading provider of online financial and lifestyle services via its Tinkoff.ru ecosystem, will announce its Q3 IFRS results for the period ended 30 September 2020 on Thursday, 12 November 2020. The management team will host an investor and analyst conference call at 1:00 pm UK time (4:00 pm Moscow time, 08:00 am U.S. Eastern Daylight Time), on Thursday, 12 November 2020. The press release, presentation and financial statements will be available on the Tinkoff website at https://www.tinkoffgroup.com/financials/quarterly-earnings/​ To participate in the conference call, please use the following access details:Conference ID 2202491 Russian FederationToll-free+7 495 213 1767 8 800 500 9283 United KingdomToll-free +44 (0)330 336 91250800 358 6377 United States of AmericaToll-free+1 929-477-0324 800-479-1004 A live webcast of the presentation will be available at https://www.webcast-eqs.com/tcsgroup20201112 Please register approximately 10 minutes prior to the start of the call. For enquiries: Tinkoff Artem Lebedev PR Department\+ 7 495 648-10-00 (ext. 2202)Alexandr Leonov\+ 7 495 648-10-00 (ext. 35738)pr@tinkoff.ruTinkoff Larisa Chernysheva IR Department\+ 7 495 648-10-00 (ext. 2312)Neri Tollardo+44 7741 078383ir@tinkoff.ru TCS Group Holding PLCTCS 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.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 key business is Tinkoff Bank, a fully online bank that serves over 11 mn customers and forms the core of the Tinkoff ecosystem.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. The ROE was 38.4%.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.In 2018, Global Finance named Tinkoff Bank the world's Best Consumer Digital Bank, in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank in Russia, and in 2019, the Best Consumer Digital Bank in Central and Eastern Europe. In 2017 and 2013, the Banker recognised Tinkoff Bank as the Bank of the Year in Russia. The bank's mobile app has consistently received top industry ratings and awards (in 2013, 2014, 2015, 2016 by Deloitte and in 2018 by Global Finance). * * * ISIN: US87238U2033 Category Code: NOR TIDM: TCS LEI Code: 549300XQRN9MR54V1W18 Sequence No.: 86492 EQS News ID: 1142778 End of Announcement EQS News Service

  • EQS Group

    TCS Group Holding PLC: Statement regarding termination of discussions

    TCS Group Holding PLC (TCS) 16-Oct-2020 / 12:02 MSK Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTIONFOR IMMEDIATE RELEASE TCS Group Holding PLC: Statement regarding termination of discussionsTCS Group Holding PLC ("Tinkoff" or "the Company") refers to its announcement of 22 September 2020 that it was in discussions with Yandex N.V. ("Yandex") regarding a possible cash and share offer by Yandex for the entire issued and to be issued share capital of Tinkoff (the "Potential Transaction").Following further discussions, including with Tinkoff's controlling shareholder, the parties have agreed not to proceed with the Potential Transaction. Negotiations between the parties with respect to the Potential Transaction have therefore been terminated, effective immediately.Tinkoff looks forward to continuing to partner with Yandex on current and future projects. The Tinkoff team greatly admires the Yandex team and wishes them success in building their business in the future.Tinkoff looks forward to updating the market on its positive third quarter results in due course.This announcement has been made by Tinkoff with the prior agreement and approval of Yandex. For enquiries: TinkoffArtem Lebedev PR Department\+ 7 495 648-10-00 (ext. 2202)Alexandr Leonov\+ 7 495 648-10-00 (ext. 35738)pr@tinkoff.ruTinkoffLarisa Chernysheva IR Department\+ 7 495 648-10-00 (ext. 2312)Neri Tollardo+44 7741 078383ir@tinkoff.ru J.P. Morgan (Sole Financial Adviser to TCS) (RUS) Vladimir Blinov / Sergey Zyryaev Tel: +7 495 967 1000(UK) James Robinson / Jonty Edward Tel: +44 20 7742 4000 TCS Group Holding PLCTCS 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.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 key business is Tinkoff Bank, a fully online bank that serves over 11 mn customers and forms the core of the Tinkoff ecosystem.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. The ROE was 38.4%.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.In 2018, Global Finance named Tinkoff Bank the world's Best Consumer Digital Bank, in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank in Russia, and in 2019, the Best Consumer Digital Bank in Central and Eastern Europe. In 2017 and 2013, the Banker recognised Tinkoff Bank as the Bank of the Year in Russia. The bank's mobile app has consistently received top industry ratings and awards (in 2013, 2014, 2015, 2016 by Deloitte and in 2018 by Global Finance). Inside informationThe information contained within this announcement is deemed by Tinkoff to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for making this announcement is Chris Owen, Tinkoff's advisor to the Board of Directors.Other noticesThis announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove (J.P. Morgan Cazenove), is authorised in the UK by the Prudential Regulation Authority and regulated in the UK by the Prudential Regulation Authority and the FCA. J.P. Morgan Cazenove is acting as financial adviser exclusively for Tinkoff and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than Tinkoff for providing the protections afforded to clients of J.P. Morgan Cazenove, or for providing advice in relation to any matter referred to herein. * * * ISIN: US87238U2033 Category Code: MSCH TIDM: TCS LEI Code: 549300XQRN9MR54V1W18 Sequence No.: 86063 EQS News ID: 1141340 End of Announcement EQS News Service

  • EQS Group

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

    TCS Group Holding PLC (TCS) 29-Sep-2020 / 18:28 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Statement on Tinkoff Bank's RAS Financial Highlights for January - August 2020 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 income stood at RUB 22.9bn 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. Therefore, RAS figures should not be used as the basis for conclusions on forthcoming IFRS results. The gross loan portfolio amounted to RUB 391bn representing an increase of 9% y-o-y. The net loan portfolio amounted to RUB 317bn having increased by 3% y-o-y and constituted 47% of total assets (57% at year-end 2019). Retail customer accounts stood at RUB 440bn. Tinkoff Bank continued to retain substantial liquidity: the CBR N2 ratio stood at 101% (minimum requirement: 15%), and the CBR N3 ratio was 151% (minimum requirement: 50%). Retail customer accounts constituted 76% of total liabilities. Total assets increased by 45% y-o-y to RUB 679bn. As of 1 September 2020, total capital including retained profits (based on Form 123) amounted to RUB 123.5bn. The CBR N1 capital adequacy ratio was 12.3%. Core Capital Adequacy Ratio (N1.1) was 9.76% and Main Capital Adequacy Ratio (N1.2) was 11.84%. Note on RAS results Please note that the figures in this press release are calculated in accordance with Tinkoff Bank's internal methodology which is available at: http://static.tinkoff.ru/documents/eng/investor-relations/ras-methodology.pdf RAS results are not a reliable indicator of IFRS results due to significant accounting differences that make a direct read-across from RAS to IFRS results impossible. The main differences between RAS and IFRS are: * Consolidated results under IFRS include a number of additional items and results of its subsidiaries * Accrual of expenses under IFRS * Timing differences in accounting for restructured loans ('instalments') and loans going through courts * The effect from the revaluation of currency derivative instruments * The effect of deferred income tax. For enquiries: Tinkoff Artem Lebedev PR Department\+ 7 495 648-10-00 (ext. 2202)Alexandr Leonov\+ 7 495 648-10-00 (ext. 35738)pr@tinkoff.ruTinkoff Larisa Chernysheva IR Department\+ 7 495 648-10-00 (ext. 2312)Neri Tollardo+44 7741 078383ir@tinkoff.ru TCS Group Holding PLCTCS 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.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 key business is Tinkoff Bank, a fully online bank that serves over 11 mn customers and forms the core of the Tinkoff ecosystem.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. The ROE was 38.4%.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.In 2018, Global Finance named Tinkoff Bank the world's Best Consumer Digital Bank, in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank in Russia, and in 2019, the Best Consumer Digital Bank in Central and Eastern Europe. In 2017 and 2013, the Banker recognised Tinkoff Bank as the Bank of the Year in Russia. The bank's mobile app has consistently received top industry ratings and awards (in 2013, 2014, 2015, 2016 by Deloitte and in 2018 by Global Finance). * * * ISIN: US87238U2033 Category Code: MSCL TIDM: TCS LEI Code: 2534000KL0PLD6KG7T76 Sequence No.: 85109 EQS News ID: 1137728 End of Announcement EQS News Service