MOSCOW, August 16 TCS Holding, the parent company of T-Bank (formerly Tinkoff), has gained control over more than 99% of Rosbank's ordinary shares and has submitted an offer to the Bank of Russia to buy out the remaining shares, follows from the holding's materials.
“The basis by which the issuer received the right to dispose of a certain number of votes attributable to voting shares …: acquisition of a stake in the organization – acquisition of 1,425,646,181 shares of PAO Rosbank, as a result of which PAO Rosbank and OOO Rusfinance became controlled entities of the issuer,” the holding’s materials state. 
The holding acquired this number of Rosbank shares, as reported in the materials, on August 15, 2024, which is 91.8941% of the total number of Rosbank shares. «Taking into account the shares owned by the person who became an affiliate and controlled person of the issuer as a result of such acquisition (namely, Rusfinance LLC), the total number of ordinary shares of Rosbank PJSC owned by the issuer and its affiliates amounted to 1,542,190,070 pieces (99.4062% of the total number of shares of Rosbank PJSC),» the holding indicates.
In addition, on Friday, according to the materials it published, the holding company submitted a proposal to the Central Bank of the Russian Federation for consideration to buy out another 9.2 million shares of Rosbank. «Information on the company's issued securities, in relation to which the corresponding proposal is being sent…: ordinary shares of the public joint-stock company Rosbank; the number of issued securities to be acquired: 9,211,783 pieces,» the materials report.
«TCS Holding» has completed the deal to integrate Rosbank, a strategic project aimed at significantly strengthening the group's position in the financial market. Based on the premium between the declared value of the group's shares for the purposes of the additional issue of 3,423.62 rubles and the current quotes of TCS shares, the actual multiplier for the acquisition of Rosbank amounted to 0.8 of its total capital,» a representative of «TCS Holding» commented.
He added that the details of the deal will be announced as part of the presentation of the group's semi-annual report on August 20.
In March, «TCS Holding» (Tinkoff Group) announced its intention to acquire Rosbank, which, as reported, will bring the group into the top five largest in Russia in terms of capital, funds and loans to individuals, as well as plans to conduct an additional issue of shares for this purpose. In early May, the holding's shareholders approved the integration of Rosbank into the group by a majority vote.