IG Group Holdings PLC

Delisting Announcement • Jan 2, 2024

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author: Edward Kempson (DB)
date: 2024-01-02 11:26:00+00:00

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TCS Group Holding Plc

Spyrou Araouzou, 25 BERENGARIA 25, 5th floor 3036, Limassol, Cyprus

Tel: +357 25040404

To: The Financial Conduct Authority (the “FCA”) and the London Stock Exchange (the “LSE”)

Re: Delisting Request

2 January 2024

In accordance with FCA Listing Rule 5.2.8 and Rule 4.18 of the LSE’s Admission and Disclosure Standards, TCS Group Holding PLC (the “Company”) hereby requests that the standard listing of the Company’s global depositary receipts (Regulation S GDRs ISIN US87238U2033; Rule 144A GDRs ISIN US87238U1043) (the “GDRs”) on the FCA’s Official List and the admission of the GDRs to trading on the LSE’s main market for listed securities be cancelled with effect from 8:00 a.m. (London time) on 31 January 2024 (the “Delisting”).

The LSE suspended the admission of the GDRs to trading on 3 March 2022 and the Company has received no indication since that trading may be recommenced. Accordingly, the Company hereby requests to proceed with the Delisting in order to avoid the ongoing commitment of time and resources necessary to maintain the LSE listing. The Company intends to terminate its Rule 144A GDR program promptly following the Delisting.

Please see attached at Annex A the announcement the Company intends to make on the date of the Delisting to confirm that the Delisting has occurred.

Please note that the relevant point of contact at the Company in respect of any correspondence with respect to this Delisting request shall be:

Alexey Malinovskiy

Chairman of the Board of Directors

am.tcsgh@gmail.com

+7 985 226 8002

Annex A

TCS GROUP HOLDING PLC ANNOUNCES DELISTING OF GDRs AND TERMINATION OF ITS RULE 144A GDR PROGRAMME

31 January 2024

TCS Group Holding PLC (the “Company”) hereby announces that, further to its previous announcement, and following its application to the Financial Conduct Authority (the “FCA”) and the London Stock Exchange (the “LSE”), the listing of the Company’s global depositary receipts (Regulation S GDRs ISIN US87238U2033; Rule 144A GDRs ISIN US87238U1043) (the “GDRs”) on the FCA’s Official List and the admission of the GDRs to trading on the LSE’s main market for listed securities have been cancelled with effect from 8:00 a.m. (London time) on 31 January 2024 (the “Delisting”) and, accordingly, the Delisting has become effective.

Capitalised terms used but not defined herein shall have the meaning give to them in the deposit agreement dated 24 October 2013 entered into between the Company and JPMorgan Chase Bank N.A. (“JPM”), in its capacity as depositary, establishing the Company’s GDR program, as subsequently amended and restated to govern the Company’s Rule 144A GDR Programme (the “Rule 144A Deposit Agreement”).

Further, with effect from 1 February 2024:

RCS Issuer Services S.AR.L. will will become successor depositary for the Company’s Regulation S GDR programme; and

the Company’s Rule 144A GDR programme and the Rule 144A Deposit Agreement shall terminate.

For further information please contact:

ir@tinkoff-group.com