Kazkommertsbank is a public company, with a proportion of its shares, including most of the free float, listed in GDR form on the London Stock Exchange
Kazkommertsbank is committed to high standards of transparency and corporate governance and regularly announces its shareholder structure to the Kazakhstan and London stock exchanges.
Kazkommertsbank’s shareholding structure as at 01 January 2014 /
01 October 2013 / 01 July 2013 / 01 April 2013 /
01 October 2012 / 01 July 2012 / 01 April 2012 / 01 January 2012 /
01 October 2011 / 01 July 2011 / 01 April 2011 / 07 February 2011 /
01 January 2011 / 01 October 2010 / 01 July 2010 / 01 April 2010 /
12 January 2010 / 01 January 2010 / 01 October 2009 / at 1 July 2009
||Number of common shares
||Percentage holding 1
|| Type of securities
|Central Asian Investment Company (CAIC)
||185 561 734
||CAIC controls 241,885,810 common shares of the Bank, including those shares owned by Samruk-Kazyna and transferred to CAIC under trust management (56,324,076 common shares) and or 31.06% of the common equity
|Mr. N.S. Subkhanberdin
||72 570 672
|| Mr. Subkhanberdin directly and indirectly via CAIC controls 36.41% of the common equity
|European Bank for Reconstruction and Development (EBRD)
||76 095 329
|Alnair Capital Holding (Alnair)
||223 922 790
||GDRs2 and common shares
|Samruk-Kazyna National Welfare Fund
||165 517 241
||Samruk-Kazyna has transferred 56,324,076 common shares under trust management to CAIC.
|Other minority shareholders
||54 957 296
||778 625 062 3
1 These percentage holdings were calculated based on the direct holding of each shareholder in the total number of common shares outstanding.
2 Global Depository Receipts (GDRs) for which the shares of the Bank are the underlying assets. The Bank of New York serves as the nominal holder of the Bank’s GDRs, and the number of shares in the nominal holding of The Bank of New York reflects the number of common shares currently held in the form of GDRs. The information as to the beneficiary owners of GDRs is not disclosed. According to Kazakh legislation, shares whose ownership is not disclosed are not eligible to vote, and such shares are reflected in the shareholders’ register as “shares in the nominal holding of CD”. GDR holders can at any given time disclose information about themselves to the CD, in which case their shares are eligible to vote from the date when the information was disclosed. (This is usually the completion date for the list of shareholders eligible to vote at the general shareholders’ meetings of the Bank).
3 This number is calculated for each reporting date as the total number of the common shares outstanding minus the number of common shares bought back by the Bank’s market-maker based on the requirements of the Kazakhstan Stock Exchange.
Information for Shareholders