EQS-News: Renaissance Securities (Cyprus) Ltd: PROPOSED PLACING OF APPROX. USD 300 MILLION OF GLOBAL DEPOSITARY RECEIPTS REPRESENTING INTERESTS IN CLASS A SHARES OF TCS GROUP HOLDING PLC (THE 'COMPANY') BY THE RIGI TRUST

THE RIGI TRUST ("Rigi Trust"), a British Virgin Islands trust connected with Mr.Oleg Tinkov and the Tinkov family (the "Selling Shareholder"), announces its intention to sell approximately USD 300 million of Global Depositary Receipts representing interests in Class A Shares of the Company (the "Placing Securities") (1 Global Depository Receipt = 1 Class A Share).