Application period for Kazkommertsbank shareholders to exercise their pre-emptive rights has closed
14 August 2017, Almaty. – JSC Kazkommertsbank (hereinafter “Bank”) today announces that the closing date for the receipt of applications from existing shareholders – holders of common shares of the Bank as well as holders of global depository receipts (“GDR”) with basic asset being the common shares of the Bank – to exercise their pre-emptive rights to purchase new KKB common shares has now passed.
The Bank received 6 (six) applications from existing shareholders (5 (five) applications from holders of common shares and 1 (one) application from the Trustee on GDR programme – The Bank of New York Mellon) for a total of 1,299,256,368 common shares. The offer price was 142.67 tenge per common share and 285.34 tenge per GDR with the basic asset being the Bank’s common shares (two common shares per GDR).
The Bank will transfer common shares to shareholders once full payment has been received, while the applicants shall make the payment within 30 calendar days from the date of the application to purchase the Bank’s securities under pre-emptive rights.
Alma Buirakulova, Investor Relations
+7 (727) 2 585-125, E-mail: firstname.lastname@example.org
Larissa Kokovinets, Corporate Communications Service
+7 (727) 2 585-456, 2 585-392, E-mail: email@example.com