VK not currently planning to sell stake in Tochka - company

MOSCOW. Feb 3 (Interfax) - Technology holding VK , which owns a 25% stake in JSC Tochka, a service for entrepreneurs, is not currently planning to sell its share, a representative of the group told Interfax.

"There are no current plans to sell the stake in Tochka," he said.

ICPJSC T-Technologies (MOEX:T) announced on Tuesday that it planned to consolidate up to 100% of JSC Tochka. In order to do this, T-Technologies will issue additional shares through closed subscription to Catalytic People ILLC, a joint venture of T-Technologies and Interros and the main owner of Tochka, and the group's existing shareholders.

The valuation of Tochka within the deal will be announced at the end of the second quarter of 2026. The additional share issue and the deal are expected to be completed in autumn 2026. T-Technologies plans to conduct the consolidation process in stages, regularly informing the market of its progress in implementing the deal.

In May 2025, T-Technologies announced that it had gained control over Catalytic People ILLC, whose assets include 64% of JSC Tochka - meaning that the group has an indirect share of 32% in the service. The group initially invested in Catalytic People as part of the deal to integrate Rosbank , and increased its share in the company to 50.01% in the second quarter of 2025. The remaining 49.99% of Catalytic People remained with Vladimir Potanin's Interros.

Tochka became an asset of Interros in summer 2023. A consortium of investors led by Interros then acquired 90.01% of Tochka in trading sessions organized by the Trust bank for 41.5 billion rubles, consolidating 100% of the company. Prior to this, the consortium controlled 9.99% of shares in Tochka via Catalytic People. VK and 1C were also named as shareholders of Tochka.

VK reported previously that it had acquired 25% of shares in Tochka in 2023 for 11.6 billion rubles. Based on this sum, the whole of Tochka was then valued at 46.5 billion rubles.

Tochka is a digital bank providing comprehensive financial and non-financial services for entrepreneurs and businesses. The bank operates under its own universal license. The deal between Trust Bank and the investor consortium included JSC Tochka and all subsidiaries, including Tochka Bank.