Kazkommertsbank places 127,777,704 ordinary shares KZ1C00400016 (KZ000A0JC858, KKGB) among broad public

26.02.15 17:23
/KASE, February 26, 15/ – Kazkommertsbank JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote ... offering of its common shares to all interested investors after the subscription period for the Bank’s existing shareholders to exercise their pre-emptive rights to purchase new KKB common shares ended on 30 January 2015. At the same time 20% of common shares after realization of the pre-emptive rights by existing shareholders shall be offered via trading system of Kazakhstan Stock Exchange through direct trades not later than 5 March 2015. 1) The full name and address of the Issuer: Joint-Stock Company "Kazkommertsbank"; 135 Zh Gagarin avenue, 050060Almaty, Kazakhstan 2) The date the issue of the securities was registered: 10 March 2009 3) Type and amount of securities being placed: common shares (national identification code KZ1C00400016); not more than 127,777,704 (One hundred twenty seven million seven hundred seventy seven thousand seven hundred four) shares. 4) The department and positions of the Bank’s authorities, who can provide information on the Prospectus or any other additional information: the Prospectus and other information about the shares are available on the Bank’s website www.kkb.kz or, alternatively, by contacting Ms. Mayra Saburova, Corporate Secretary, at the following address: 34 Al-Farabi Ave, 050059, Almaty, Kazakhstan, tel: +7 (727) 2-585-221, email: MSaburova@kkb.kz; 5) Information on the placement price of the securities and payment: The offer price ("Offer Price") is 575.2 tenge per common share. The Offer Price is the same for all investors purchasing the Bank’s common shares during this placement. The payment is to be made within 10 (ten) calendar days from the date the application is submitted. Once the payment is received, the Bank will process the application and transfer shares to investors. 6) Investors are to submit their applications to purchase the placed common shares within 2 (two) calendar days from the date of this announcement - 27 February 2015 till 18:00 Almaty time. The applications are accepted and processed in order of priority based on the date of the application. In the case where several applications are submitted in one day, the order of priority is based on the time the applications are received in accordance with the "Order of subscription to the securities of JSC Kazkommertsbank", approved by the Board of Directors on 16 June 2009; - Investors shall submit their applications to Ms. Mayra Saburova, Corporate Secretary, tel: +7 (727) 2-585-221, email: MSaburova@kkb.kz - The application forms are available on the Bank’s corporate website: www.kkb.kz. 7) Additional information: the information on the period and order of the realisation of the pre-emptive right by shareholders (the realisation period): the realisation period was set from 31 December 2014 to 30 January 2015; the order of realisation was in accordance with the terms of the announcement placed on the Bank’s corporate website, and also with the terms of notification sent by the Bank to The Bank of New York, and the London and Kazakhstan Stock Exchanges. Enquiries: Aliya Nursipatova, Alma Buirakulova, Investor Relations +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz Larissa Kokovinets, Public Relations +7 (727) 258-54-56, E-mail: pr@kkb.kz unquote [2015-02-26]