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TCS - TCS Holding News Story

$25.95 -0.4  -1.3%

Last Trade - 4:35pm

Sector
Financials
Size
Large Cap
Market Cap £4.05bn
Enterprise Value £4.12bn
Revenue £1.62bn
Position in Universe 176th / 1807

BRIEF-Oleg Tinkov's company plans to sell 6.6 pct stake in TCS Group

Mon 20th November, 2017 4:26pm
Nov 20 (Reuters) - TCS GROUP HOLDING PLC  TCSq.L  
    * TADEK HOLDING & FINANCE INTENDS TO SELL C. 12 MILLION 
GLOBAL 
DEPOSITARY RECEIPTS REPRESENTING INTERESTS IN CLASS A SHARES OF 
COMPANY 
    * SAYS PLACING SECURITIES REPRESENT APPROXIMATELY 6.6 PER 
CENT OF 
COMPANY'S ISSUED SHARE CAPITAL 
    * SAYS PLACING SECURITIES ARE BEING OFFERED BY WAY OF AN 
ACCELERATED BOOKBUILD 
    * SAYS MORGAN STANLEY & CO. INTERNATIONAL PLC IS ACTING AS 
BOOKRUNNER IN CONNECTION WITH PLACING 
    * SAYS COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM PLACING 
    * SAYS TADEK HOLDING & FINANCE IS A COMPANY CONNECTED WITH 
MR. 
OLEG TINKOV (SELLING SHAREHOLDER) 
 
Source text for Eikon:  ID:nEQ7HV41la  
Further company coverage:  TCSq.L  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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