Halyk Savings Bank of Kazakhstan announces deadline expiration for accepting orders from Kazkommertsbank shareholders under tender offer

10.08.17 18:09
/KASE, August 10, 2017/ – Halyk Savings Bank of Kazakhstan (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote Joint-stock company "Halyk Savings Bank of Kazakhstan" (hereinafter – the Bank) (Republic of Kazakhstan, А26М3К5, 40 Al-Farabi ave., Medeu district, Almaty) announces that on 18:00 o'clock (Almaty time) on August 9, 2017 the deadline for collecting orders from Kazkommertsbank shareholders for selling ordinary and preferred shares, as well as global depositary receipts with Kazkommertsbank's issued ordinary and preferred shares as underlying asset, announced on July 10, 2017 in accordance with item 3 of article 25 of Kazakhstan's Act "On Joint-Stock Companies", has expired. Based on results of processing of orders submitted by Kazkommertsbank shareholders, we inform you that the Bank received orders from holders of 13,687,609 ordinary shares at KZT142.67 per share, 130,521 preferred shares at KZT71.55 per share, 3,081,552 global depositary receipts, with Kazkommertsbank's issued ordinary shares as underlying asset at USD0.86 per piece and 14,655,549 global depositary receipts, with Kazkommertsbank's issued preferred shares as underlying asset at USD0.43 per piece, which makes 2.49% of ordinary shares of Kazkommertsbank in free float as of July 10, 2017, and 23.63% of preferred shares of Kazkommertsbank in free float as of July 10, 2017. unquote The full press-release is available on KASE website – http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_100817_1.pdf [2017-08-10]