Tsesnabank announces sale of 28,023,250 ordinary shares KZ1C36280010 (KZ0007786572, CCBN) and 35,433,669 preferred shares of Bank CenterCredit convertible into ordinary shares

15.03.18, 17:06
/KASE, March 15, 2018/ – Tsesnabank (Astana), whose securities are 
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE 
with the following press release:

quote

Tsesnabank and Financial Holding Tsesna report as follows:

As of March 14 2018, Tsesnabank and Financial Holding Tsesna sold all 
shares of Bank CenterCredit to a group of Kazakhstani buyers, namely:

- 28 023 250 of ordinary shares, accounting for 29.56%; and

- 35 433 669 of preferred shares, accounting for 90.28%.

A group of Kazakhstani buyers, among the others, includes Mr. B. Baiseitov 
and Mr. V. Lee, as well as Bank CenterCredit in terms of preferred shares.

Therefore, since March 14 2018, Bank CenterCredit is not related or 
affiliated with Tsesnabank and Financial Holding Tsesna. Tsesnabank and 
Bank CenterCredit continue their activities as independent financial 
organizations.

For reference:

Tsesnabank JSC is Kazakhstan’s 3d largest bank in term of assets with 
developed branch network (21 branches and 136 mini-branches).

PR-service: 8-7172-770-855 (ext. 10-77), AK.Kanafina@tsb.kz

unquote

[2018-03-15]