KAZAKHMYS PLС (United Kingdom) announces proposed reorganization of Kazakhmys group

23.07.14 17:16
/KASE, July 23, 14/ – KAZAKHMYS PLС (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of July 23, 2014: quote Kazakhmys informs you of agreement reached under the proposed reorganization of the Group on transfer of ripe assets of Karagandy, Zhezkazgan and Balkhash production sites of the company Cuprum Holding owned by Vladimir Kim and Eduard Ogai. The agreement is subject to agreeing by regulating authorities and shareholders. The mentioned assets are part of Corporation Kazakhmys which will continue as a private, non-public company. unquote The full press-release if available on KASE website in Russian at http://www.kase.kz/files/emitters/GB_KZMS/gb_kzms_reliz_230714.pdf [2014-07-23]