Kazkommertsbank announces change in volume of major shareholder's voting shares

/KASE, January 23, 2017/ – Kazkommertsbank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press-release of January 23, 2017: quote JSC Kazkommertsbank (“The Bank”) announces today that the number of common shares of the Bank, for which the Bank’s major shareholder JSC Central-Asian Investment Company holds voting rights, has changed. On 25 June 2015 Mr. N. Subkhanberdin and JSC Central-Asian Investment Company (CAIC) have signed trust management agreement for 43,081,009 common shares of Kazkommertsbank, which accounted for 5.4% of outstanding common shares of the Bank. On 19 January 2017 Mr. Subkhanberdin and CAIC have signed agreement on termination of trust agreement for shares of Kazkommertsbank dated 25 June 2015. At the moment CAIC holds 8.79% of outstanding common shares of JSC Kazkommertsbank. Enquiries: Alma Buirakulova, Financial Institutions and Investor Relations +7 (727) 258-51-25, E-mail: investor_relations@qazkom.kz Larissa Kokovinets, Public Relations +7 (727) 258-54-56, E-mail: pr@qazkom.kz unquote [2017-01-23]