KAZKOMMERTSBANK AND K. RAKISHEV ANNOUNCE PURCHASE OF ORDINARY SHARES KZ1C34920013 (KZ000A0KFFC1, BTAS) OF BTA BANK FROM BANK SHAREHOLDERS AT KZT0.24162 PER SHARE
29.07.14 16:51
/KASE, July 29, 14/ – Kazkommertsbank JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release of July 29, 2014:
quote
In accordance with clause 3 of Article 25 of the Law #415-II on Joint-Stock
Companies of the Republic of Kazakhstan as of 13 May 2013, the Joint-Stock
Company Kazkommertsbank (address: 135Zh Gagarin avenue, Almaty 050060,
Kazakhstan), which owns 298,295,649,240 (46.5%) of common shares of JSC
BTA Bank and has 27,351,461,050 (4.26%) common shares of JSC BTA Bank
under trust management, and Mr. K. Rakishev (address: 11 Ondasynov street,
Almaty) who owns 298,295,649,240 (46.5%) of common shares of JSC BTA
Bank, extend the offer to the shareholders of JSC BTA Bank (hereinafter "The
Bank") to sell common shares issued by the Bank ("The Shares") at a price of
0.24162 tenge per one common share.
The Buy Back Acceptance Notice (the "Notice") should be made in compliance
with the required form available at the web-site of the Bank at www.bta.kz, and
must be submitted to the Bank. The form of Notice is available in hard copy from
the head office of the Bank at the following address: 97 Zholdasbekov street,
Samal-2 microdistrict, Almaty, or in any of the following branch offices of the
Bank in Kazakhstan:
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Branch office location
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Branch office Region City, street, No.
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Aktobe branch office Aktobe Oblast 51 Abulkhair Khan avenue,
Aktobe
Almaty branch office Almaty Oblast 55 Aiteke bi street, Almaty
East-Kazakhstan East-Kazakhstan 21/1 Gorky street,
branch office Oblast Ust-Kamenogorsk
Atyrau branch office Atyrau Oblast 23 Kulmanov street, Atyrau
Zhambyl branch office Zhambyl Oblast 75 Zheltoksan street, Taraz
Zhezkazgan branch office Karaganda Oblast 20 Titov street, Zhezkazgan
Karaganda branch office Karaganda Oblast 11A Alikhanov street,
Karaganda
Kyzylorda branch office Kyzylorda Oblast 53 Zhakhaev street, Kyzylorda
Kokshetau branch office Akmola Oblast 21 B. Momyshuly street,
Kokshetau
Kostanay branch office Kostanay Oblast 114Al-Farabiavenue, Kostanay
Mangistau branch office Mangistau Oblast 63 14th microdistrict, Aktau
Pavlodar branch office Pavlodar Oblast 22Ak. Bekturovstreet,
Pavlodar
North-Kazakhstan North-Kazakhstan 60A Brusilovskiy street,
branch office Oblast Petropavlovsk
Semey branch office East-Kazakhstan 53 Urankhaev street, Semey
Oblast
Taldykorgan branch office Almaty Oblast 158 Ablay Khan street,
Taldykorgan
West-Kazakhstan branch West-Kazakhstan 69/1 Amanzholov street, Uralsk
office Oblast
Astana branch office Akmola Oblast 27 Seifullin street, Astana
Temirtau branch office Karaganda Oblast 20 Republic square, Temirtau
South-Kazakhstan South-Kazakhstan 82 Tauke Khan avenue,
branch office Oblast Shymkent
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The Notices shall be submitted to the head office of the Bank or to its branch
offices by 18:00 Almaty time on 28 August 2014. Where the Notice is submitted
in a sealed envelope it should be signed "Consent to sell the Shares". The Bank
may refuse to accept the Notices that do not include all required information or
are not delivered prior to stated closing date.
The shareholder should submit to the JSC Unified Securities Registrar
(hereinafter, "the USR") or to its nominal holder the order to write-down the
Shares and their entrance to the account of JSC Kazkommertsbank and/or
account of Mr. K. Rakishev at the USR, and pay all fees within two days from
submission of the Notice to the Bank. If the shareholder fails to submit the
order within the stated period, the shareholder's application for buyback will
be considered as withdrawn by the shareholder. The Order form is available at
the web-site of the Bank at www.bta.kz. The shareholder should apply to the
head office or to the branch offices of the Bank, if he (she) would like to
receive the Order in a hard-copy. The Order form is also available at the
web-site of the USR (www.tisr.kz).
Payment on bought back shares will be made within 30 calendar days from the
date of the Notice provided that the bought back shares are accepted to the
account of JSC Kazkommertsbank or Mr. K. Rakishev.
Each shareholder bears sole responsibility for timely receipt of consents,
approvals, payment of fees, commissions and taxes and other actions required to
sell the Shares, including submission to the USR the required documents and
information for the transaction.
All payments by JSC Kazkommertsbank to holders who are non-residents of the
Republic of Kazakhstan will be subject to a deduction of tax in accordance with
the Tax Code of the Republic of Kazakhstan. More detailed information on
taxation issues related to the Offer is available at the web-site of the Bank:
www.bta.kz.
Holders of GDRs with the Bank's common shares being the basic asset have
equal right to participate in this Offer together with other shareholders of the
Bank. To participate the GDR holders should apply to The Bank of New York
Mellon via email: drglobaltransactions@bnymellon.com. Payment to the GDR
holders shall be made via the Depository in US dollars at exchange rate of the
National Bank of Kazakhstan at payment date.
The buyback procedure will be conducted in accordance with the legislation of
the Republic of Kazakhstan.
For further information in relation to this Announcement, please contact the
Corporate Secretary of the Bank Sakhil Dugashev or Olga Pitulova at the contact
details below.
Enquiries:
Common Shares/GDRs
Mr Sakhil Dugashev
Corporate Secretary
Tel: (727) 266-72-54
Email: sdugashev@bta.kz
Ms Olga Pitulova
Assistant to Corporate Secretary
Tel: (727) 266-72-69
Email: opitulova@bta.kz.
unquote
[2014-07-29]