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Notice of EGM and Publication of Circular

25 Feb 2021 10:55

RNS Number : 3575Q
Kcell JSC
25 February 2021
 

 

 

Kcell JSC

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

 

 

 

Notice of Extraordinary General Meeting and Publication of Circular

 

Almaty, 25 February 2021 - Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, notifies that, further to the announcement made by the Company on 24 February 2021, it has today published a Notice of the Extraordinary General Meeting of shareholders ("EGM") and a circular ("Circular") outlining the details of the proposed cancellation of the listing of the Company's Global Depositary Receipts ("GDRs") on the London Stock Exchange and the Astana International Exchange ("AIX") and the termination of its GDR programme ("Proposals").

 

Extraordinary General Meeting

 

The EGM will be held on 9 April 2021 at 15:00 (Almaty time) at the following address: 2G, Timiryazev street, Almaty 050013, Republic of Kazakhstan. Registration of participants of the EGM will start at 14:00 (Almaty time).

 

The EGM will be held in person. In the event that the EGM does not take place on the above date, it will be rescheduled for 13 April 2021 at 15:00 (Almaty time) to be held at the same address, 2G, Timiryazev street, Almaty 050013, Republic of Kazakhstan.

 

Shareholders registered by the Central Securities Depositary as shareholders in the register of holders of shares as of 2 March 2021 (00:00 Almaty time) are entitled to attend and vote at the EGM.

 

To register, participants will need to provide their identity documents and trustees and attorneys are required to present a power of attorney to participate in the meeting with the right to vote.

 

Proposed agenda of the EGM:

 

1. On approval of the termination of the GDR programme, the delisting of securities and the termination of the Deposit Agreement.

 

Circular and materials on the agenda

 

The Company has today published the Circular, which contains further details of the Proposals.

 

The Circular can be found at the Company's website at the following link: https://investors.kcell.kz/en.The contents of such website are not incorporated into, and do not form part of, this announcement.

 

The Company's shareholders can also access the materials relating to the above EGM by sending a request with documents certifying the shareholder's status attached to the following e-mail: materialsgm@kcell.kz or at the Company's executive office of the Management Board at the following address: Republic of Kazakhstan, 050051, Almaty, Samal-2, 100. The materials of the EGM will be available for shareholders to review not later than 10 days before the meeting. Shareholders can request to have materials to be sent to them within three working days of the receipt of such a request. Charges for copies of the documents and document delivery are at the expense of shareholders.

  

Enquiries:

 

Kcell

 

Investor Relations

Irina Shol

Tel: +7 727 2582755 ext. 1002

Investor_relations@kcell.kz

 

International Media

 

Instinctif Partners

Tel: +44 207 457 2020

Kay Larsen, Galyna Kulachek

 

 

 

Company Overview

 

Kcell provides mobile voice telecommunications services, messaging services, value-added services such as multimedia and mobile content services, as well as data transmission services including internet access. It has two brands: the Kcell brand, which is targeted primarily at corporate subscribers (including government subscribers), and the Activ brand, which is targeted primarily at mass-market subscribers. The Company offers its services through its extensive, high quality network, which covers substantially all of the populated territory of Kazakhstan.

 

In December 2012, Kcell successfully completed its offering of GDR's on the London Stock Exchange and common shares on KASE. The price was set at USD 10.50 per GDR and KZT 1,578.68 per share with each GDR representing one share. The offering consisted of 50 million shares, which represent 25 percent of Kcell's share capital.

 

On 21 December 2018, Kazakhtelecom JSC acquired the 75 percent stake in Kcell held by Telia Company and Fintur Holdings B.V.

 

Kcell plans to continue investing in the deployment of its 3G/4G network to expand coverage and to introduce high quality services. Kcell aims to provide high quality services at competitive prices, expand its offering of products and services, while maintaining the high quality of its network and enhancing its brand value.

 

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MSCTAMMTMTATBTB
Date   Source Headline
11th Mar 20197:00 amRNSFinal Results
6th Mar 20199:35 amRNSNotice of Results
1st Mar 20199:30 amRNSKcell places KZT16.8 bln in 3-year bonds on KASE
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5th Feb 201910:00 amRNSCredit agreement with Subsidiary JSC VTB Bank
29th Jan 201910:00 amRNSKcell announces the coupon payment to bondholders
29th Jan 20199:16 amRNSAppointment of new Chief Executive
25th Jan 201910:30 amRNSKcell JSC announces results of the EGM
22nd Jan 20194:41 pmRNSSecond Price Monitoring Extn
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21st Jan 20199:00 amRNSNotice of Results
28th Dec 20189:00 amRNSDirectorate Change
24th Dec 20189:15 amRNSAppointment of new Chief Executive Officer
24th Dec 20189:00 amRNSTransfer of shares in Kcell to JSC Kazakhtelecom
21st Dec 201811:40 amRNSNotice of EGM
12th Dec 20187:23 amRNSNotice re acquisition of Telia's holdings in Kcell
21st Nov 201811:44 amRNSMansur Khamidov to continue in role of CEO
19th Oct 20187:00 amRNS3rd Quarter Results
15th Oct 201811:00 amRNSNotice of Results
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22nd Aug 201811:30 amRNSKcell JSC pays the annual dividend for 2017
6th Aug 201812:00 pmRNSKcell announces win of copyright court case
27th Jul 201810:00 amRNSAppointment of new Chief Executive
25th Jul 201811:00 amRNSThe first coupon payment to bondholders
23rd Jul 201811:30 amRNSDrawdown of KZT 10 bn loan with Halyk Bank
20th Jul 20187:00 amRNSHalf-year Report
13th Jul 201812:04 pmRNSNotice of Results
3rd Jul 201811:00 amRNSAdditional tax provision
28th Jun 201811:00 amRNSExtension of the credit line agreement
12th Jun 201812:47 pmRNSKcell faces unsubstantiated copyright claims
1st Jun 20189:35 amRNSThe AGM of Kcell elects a new Board member
1st Jun 20189:30 amRNSResult of AGM
27th Apr 201812:00 pmRNSAnnual Financial Report
23rd Apr 201810:00 amRNSNotice of AGM
23rd Apr 20189:00 amRNSDirectorate Change
20th Apr 20187:00 amRNS1st Quarter Results
19th Apr 201811:00 amRNSProposed dividend for the FY 2017
13th Apr 20182:32 pmRNSNotice of Results
12th Feb 201810:00 amRNSExtension of credit facility with EDB
2nd Feb 201810:33 amRNSReceipt of Sonera Holding B.V. termination notice
26th Jan 20187:06 amRNSFinal Results
18th Jan 20189:30 amRNSKcell places KZT5bn in 3-year bonds on KASE
17th Jan 201810:30 amRNSNotice of Results
16th Jan 201811:00 amRNSNotification of changes in shareholding
27th Dec 20177:00 amRNSFitch rates Kcell's proposed domestic bond BB(EXP)
14th Dec 201710:00 amRNSKcell announces intention to place 3-year bonds
22nd Nov 201710:00 amRNSExtension of credit facility with Halyk Bank JSC
2nd Nov 201711:05 amRNSFitch assigns 'BB' IDR to Kcell; Outlook Stable
27th Oct 20173:45 pmRNSSecond Price Monitoring Extn
27th Oct 20173:40 pmRNSPrice Monitoring Extension

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