/KASE, December 24, 2018/ – KazMunaiGas Exploration Production (Astana), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press release:
quote
KazMunaiGas Exploration Production ("Company" or "KMG EP") announces that there
was a special trading to repurchase preferred shares of the Company on the
Kazakhstan Stock Exchange trading platform between 4 and 20 December 2018.
Following the special trading, the Company met requests for the sale of 27 471
preferred shares at the price of 12,800 per such share. The total repurchase sum
was 351,628,800 tenge.
Please be reminded that on 13 August the Company announced the repurchase of
up to 1,905,209 of its free floating preferred shares at the price of 12,800 per
such share. On 12 November 2018 the Board of Directors of KMG EP passed a
resolution to extend the repurchase of preferred shares until 31 January 2019
because of the large number of requests from shareholders.
Therefore, since the launch of the buyback programme the Company has repurchased
1,123,705 preferred shares to the total sum of 14,383,424,000 tenge.
KMG EP. Investor Relations (+7 7172 97 5433)
e-mail: ir@kmgep.kz
KMG EP. Public Relations (+7 7172 97 78 93) (+7 7172 97 78 93)
unquote
The press release is available on KASE website –
http://kase.kz/files/emitters/RDGZ/rdgz_reliz_211218_1.pdf
[2018-12-24]