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JSC Halyk Bank: Results of the purchase of JSC Kazkommertsbank's shares upon tender applications from JSC Kazkommertsbank's shareholders

5 Sep 2017 06:30

JSC Halyk Bank / Miscellaneous - Medium Priority JSC Halyk Bank: Results of the purchase of JSC Kazkommertsbank's shares upon tender applications from JSC Kazkommertsbank's shareholders 05-Sep-2017 / 07:30 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.


RESULTS OF THE PURCHASE OF JSC KAZKOMMERTSBANK'S SHARES UPON TENDER APPLICATIONS FROM JSC KAZKOMMERTSBANK'S SHAREHOLDERS 05 September 2017 The Joint Stock Company Halyk Savings Bank of Kazakhstan (hereinafter referred to as the "Bank") (40, Al-Farabi Ave., Medeu District, A26M3K5, Almaty, Republic of Kazakhstan) reports that as of 29 August 2017 all settlements on purchase of JSC Kazkommertsbank's ordinary and preference shares, as well as global depositary receipts representing such issued ordinary and preference shares of JSC Kazkommertsbank announced on 10 July 2017 have been completed in accordance with clause 3 of Article 25 of the Law of the Republic of Kazakhstan "On Joint Stock Companies." The deadline for submitting tender applications by shareholders of JSC Kazkommertsbank's ordinary and preference shares, as well as global depositary receipts representing such issued ordinary and preference shares was on 9 August 2017. Upon completion of the transactions for the purchase of JSC Kazkommertsbank's ordinary and preference shares, as well as global depositary receipts representing such JSC Kazkommertsbank's issued ordinary and preference shares, the Bank acquired 13,687,609 ordinary shares at KZT 142.67 per share, 31,311 preference shares at KZT 71.55 per share, 3,081,552 global depositary receipts representing such JSC Kazkommertsbank's issued ordinary shares at USD0.86 per GDR and 14,655,549 global depositary receipts representing such JSC Kazkommertsbank's issued preference shares at USD0.43 per GDR. As of 29 August 2017, the Bank held 99.72% of JSC Kazkommertsbank's outstanding ordinary shares and 23.55% of JSC Kazkommertsbank's outstanding preference shares. For further information, please contact:Halyk Bank 
Mira Kasenova: +7 727 259 04 30
Yelena Perekhoda: +7 727 330 17 19

The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg


Language:English
Company:JSC Halyk Bank
40, Al Farabi Avenue
050059 (A26M3K5) Almaty
Kazakhstan
Phone:+7 727 259 04 30
Fax:+7 727 259 02 71
E-mail:ir@halykbank.kz
Internet:http://halykbank.kz
ISIN:US46627J3023
WKN:A0LF36
Category Code:MSCM
TIDM:HSBK
Sequence No.:4595
 
End of AnnouncementEquityStory.RS, LLC News Service

606783 05-Sep-2017 

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.

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