Oleg Tinkov lost control in TCS Group
The founder of Tinkoff Bank, Oleg Tinkov, has reduced his voting stake in TCS Group, which owns the bank, from 84% to 35%, according to the company's disclosure , and thus no longer controls it. The reduction in voting share was due to the conversion of all class B shares (with 10 votes per share) held by trusts associated with Tinkov into class A shares (one vote per share). Consequently, the voting share of the founder was equal to the share in the capital of TCS Group - 35%.