Halyk Savings Bank of Kazakhstan acquired 1,296,698,676 common shares of Kazkommertsbank by exercising pre-emptive right

/KASE, July 12, 2017/ – Halyk Savings Bank of Kazakhstan (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following statement dated July 12: quote Halyk Savings Bank of Kazakhstan (Halyk Bank) hereby reports that on July 11, 2017 the Board of Directors of Halyk Bank decided to exercise its pre-emptive right with respect to common shares of Kazkommertsbank (Kazkommertsbank) issued as part of Kazkommertsbank’s capital increase measures, which was announced earlier. In this regard, on July 12, 2017, Halyk Bank exercised its pre-emptive right and purchased 1,296,698,676 common shares of Kazkommertsbank in proportion to the share already owned by Halyk Bank totaling 96.81% of common shares of Kazkommertsbank, and paid KZT185 bn for the acquired shares, which will be booked in the capital of Kazkommertsbank as of the end of the business day on July 12, 2017. unquote [2017-07-12]