Bank of Astana says K. Rakishev waived status of shareholder of bank

31.07.15 16:07
/KASE, July 31, 15/ – Bank of Astana JSC (Almaty, hereinafter – the Bank), whose securities are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement: quote ... K. Rakishev waived the status of a shareholder of the Bank. The deal to sell the bank's shares was planned since such a decision was provided for by the long-term development strategy of the Bank... ... As of July 31, 2015 the Bank's major shareholder is a businessman Olzhas Tokhtarov (with 69.7% of stocks), concurrently serving as the Chairman of the Board of Directors of Astana. unquote The full details can be found on KASE website in Russian at http://www.kase.kz/files/emitters/ABBN/abbn_reliz_310715.pdf [2015-07-31]