Board of directors of Tsesnabank JSC (Kazakhstan) made a decision on offering of KZ1C33820016 (TSBN) issue common shares, taking into account actualization of the right for the privileged purchase by shareholders

28.08.06 22:00
/KASE, August 28.06/ - Tsesnabank JSC (Astana), which securities are traded in Kazakhstan stock exchange's (KASE) "A" category official listing, informed KASE by the official letter that on August 25, 2006 Council of directors of the bank took a decision on offering of common shares of KZ1C35970017 issue (trade code of KASE - TSBN) by means of actualization of the right for the privileged purchase by the shareholders by the following terms: - Amount of common shares of the Bank, being offered, is 1,000,000 copies; - Ratio of the number of the offered common shares (deducting repurchased shares by the bank) to the number of the being offered common shares - 1/0.3028; - The cost of offering of one share makes KZT1,000.00. The term, within which shareholders of Tsesnabank JSC can submit bids for purchase of shares according to the right for the privileged purchase, makes 30 days since the day of publication of the present offering in media stuffs. The payment of shares must be made by money by means of cashless transfer to the account of the issuer or the underwriter, in whose role Derbes Securities acts (Astana). Shareholders of Tsesnabank JSC can purchase shares on an equal footing proportionally to the number of shares, having been in ownership at them. At that, shareholders, who own common shares, have a right for the privileged purchase of the common shares. After actualizing by shareholders of Tsesnabank JSC the right for privileged purchase, shares will be offered among unlimited number of investors at the same cost - KZT1,000.00 per a share. Issue of the bank's shares was registered by Agency of Republic of Kazakhstan for regulation and supervision of financial market and financial organizations (AFS) on February 10 and divided into 7,500,000 common shares of KZ1C33820016 issue and 2,500,000 of preferred shares of KZ1P33820914. The issue was inserted into the state securities register under the number А3382. The prospect of the shares issue of Tsesnabank JSC is available at http://www.kase.kz/emitters/tsbn.asp [2006-08-28]