KAZKOMMERTSBANK ANNOUNCES COMPLETION OF REFUNDABLE TRANSFER OF BTA BANK ORDINARY SHARES KZ1C34920013 (KZ000A0KFFC1, BTAS) IN FAVOR OF K. RAKISHEV
11.11.14 18:22
/KASE, November 11, 14/ – Kazkommertsbank JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release:
quote
Kazkommertsbank ("KKB"), one of the largest banks in Kazakhstan and Central
Asia, today announces the sale of 0.92% of JSC BTA Bank's common shares to
K. Rakishev at a price of 0.24162 tenge per common share.
This transaction is based on an earlier agreement to equally distribute common
shares purchased by KKB and Mr. Rakishev from BTA's minority shareholders.
As a result of the transaction the shareholding structure of BTA has changed as
follows:
---------------------------------------
Number of
Shareholder shares Share
--------------- --------------- -------
Kazkommertsbank 304,187,299,781 47.415%
Kenes Rakishev 304,187,299,781 47.415%
Samruk-Kazyna* 27,351,461,050 4.26%
Minority 5,769,817,498 0.91%
shareholders
Total 100%
---------------------------------------
*BTA shares owned by JSC NWF Samruk-Kazyna have been transferred to KKB's trust
management with voting rights.
Contacts:
Aliya Nursipatova, Alma Buirakulova Investor Relations
tel. +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz
Larissa Kokovinets, Director, Public Relations
tel. +7 (727) 258-54-56, E-mail: pr@kkb.kz
unquote
[2014-11-11]