Board of Directors of TCS Holding assumes that based on market benchmarks, a capital multiple in the range of 0.9-1.1 may be used for a fair valuation of Rosbank. At the same time, the final valuation will be determined based on the results of an independent valuation and will depend on the results of a due diligence review conducted with the involvement of...

Board of Directors of Rosbank recommended that dividends be paid for 2023 in the amount of ₽2.9 per ordinary share. The last day of the purchase of securities to receive dividends is May 24, 2024. Dividend yield may amount to 2.38%.

Board of Directors of TCS Holding has determined the parameters of the additional share issue as part of the Rosbank acquisition deal. Bank intends to place 130 million ordinary shares by private subscription in favor of Vladimir Potanin's structures at a price of ₽3423.62 per share. Shareholders' meeting on the issue will be held on May 8, 2024.

Board of Directors of TCS Holding will propose that shareholders consider the integration of Rosbank into the group at an extraordinary meeting of shareholders. It is planned to use additional share issue as the main source of financing of the transaction. If the deal goes through, a large private player with assets of about 4 trillion rubles and capital of...