Tcsbank online dating

13-Jun-2017 18:27

3 October 2013 TCS Group Holding PLC Intention to Proceed with Initial Public Offering TCS Group Holding PLC (the "Company") together with its consolidated subsidiaries (collectively, "TCS"), including "Tinkoff Credit Systems" Bank (Closed Joint Stock Company) ("TCS Bank"), Russia's leading provider of online retail financial services, announces its intention to proceed with an initial public offering (the "Offering") of its Class A ordinary shares ("Shares") in the form of GDRs.

The Company intends to apply for the admission of GDRs to the official list ("Official List") of the FCA and to trading on the main market for listed securities of the London Stock Exchange plc ("London Stock Exchange").

Currently, TCS Bank has been expanding to bring additional innovative online products and services to Russian consumers, including mobile financial services, payment solutions and insurance.

TCS Bank has built an advanced high-tech retail financial services platform that provides deep reach all over Russia, including underserved parts of the country.

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The Offering is subject to receipt of all the necessary regulatory approvals, including the relevant registration and approvals by the FCA.

Our highly experienced and entrepreneurial management team has steered the bank since the start-up stage, and has built it into a successful, rapidly growing and profitable business.

An IPO will help to further strengthen TCS Bank''s capital position and enable us to develop the payments and insurance businesses.

This announcement is an advertisement for the purposes of the Prospectus Rules of the United Kingdom Financial Conduct Authority (the "FCA") and not a prospectus and investors should not subscribe for or purchase any Global Depositary Receipts ("GDRs") referred to in this announcement except on the basis of information in the prospectus (the "Prospectus") to be published by TCS Group Holding PLC in due course.

Investors will be able to obtain a copy of the Prospectus from the registered office of TCS Group Holding PLC at 4 Profiti Ilia, Kanika International Business Center, 6th Floor, 4046 Germasogeia, Limassol, Cyprus.TCS Bank has built a high volume business and attracted over 500,000 credit card applications in June 2013 alone.

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