KazMunaiGas Exploration Production announced delisting of global depositary receipts US48666V2043 (RDGZd) and common shares KZ1C51460018 (KZ000A0KEZQ2, RDGZ) from KASE official list and cancellation of admission of GDRs to trading on the London Stock Exchange

10.05.18 16:22
/KASE, May 10, 2018/ – KazMunaiGas Exploration Production (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the press release dated May 10, 2018, which states as follows: quote Further to the Company's announcement of 11 April 2018 in respect of submission of notices to the FCA to cancel the standard listing of the GDRs on the Official List and to the London Stock Exchange (“LSE”) to cancel the admission of the GDRs to trading on the main market of the LSE (the "LSE Delisting"), KMG EP announces that the LSE Delisting is now effective as of 8.00 a.m. (London time) today, 10 May 2018. Further to the Company's announcement of the same date in respect of submission of an application for the delisting of the Common Shares and the GDRs from the Kazakhstan Stock Exchange (the "KASE Delisting"), KMG EP also announces that the Listing Commission of the KASE has approved the KASE Delisting with effect from today, 10 May 2018. As a result of the above, the Relationship Agreement has terminated. Furthermore, as announced earlier, the new version of the Charter of the Company, as approved by the shareholders at EGM 2 on 12 March 2018, became effective from the moment of the LSE Delisting. KMG EP also announces that it has repurchased at a cost of KZT677,504,350 a total of 61,990 Preference Shares from Preference Shareholders who between 12 March 2018 and 11 April 2018 exercised their respective Put Option Right. In accordance with the JSC Law, the Put Option Right became exercisable on 12 March 2018 and expired on 11 April 2018. For further details in respect of the Put Option Right, please refer to the Tender Offer Document, which can be found at the following link: https://www.kmgep.kz/eng/investor_relations/tender_offer/. As a result, the Company now holds a total of 2,230,898 Preference Shares in treasury. unquote Detailed information is posted on the KASE website (in Russian) – http://kase.kz/files/emitters/RDGZ/rdgz_reliz_100518_1.pdf [2018-05-10]