Holding group "ALMEX" intends to offer 14.66 mln GDRs with ordinary shares KZ000A0LE0S4 (HSBK) of Halyk Savings Bank of Kazakhstan as underlying asset

27.09.19 16:05
/KASE, September 27, 2019/ – Halyk Savings Bank of Kazakhstan (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the followingследующее: quote JSC "Holding Group "ALMEX" ("ALMEX" or the "Selling Shareholder") today announced the launch of the fully marketed offering and the bookbuilding process to institutional investors of at least 14.66 million global depositary receipts (the "GDRs") (the "GDR Offering"), each representing an interest in 40 common shares (the "Shares") of JSC "Halyk Bank" ("Halyk Bank" or the "Bank") and this number of GDRs represents at least 5% of the Bank's outstanding shares. The offer size may be increased as a result of the bookbuilding process. The GDRs are admitted to the standard listing segment of the official list of the UK Financial Conduct Authority (the "Official List") and to trading on London Stock Exchange plc's main market for listed securities. The Shares are listed and admitted to trading in the premium category of the official list of Kazakhstan Stock Exchange. The GDRs will be offered outside of Kazakhstan to wide range of qualified institutional investors through International Offering. Concurrently, the Selling Shareholder is also offering GDRs through the Astana International Exchange (the "AIX"). Applications have been made to the AIX to: (i) admit the GDRs and the Shares to the official list of the AIX; and (ii) admit the GDRs and the Shares to trading on the AIX. The bookbuilding period will commence on 30 September 2019 and the offering is expected to close on 03 October, 2019. A preliminary offering memorandum (the "Offering Memorandum") dated 27 September 2019 has been published in relation to the GDR Offering. The Offering Memorandum is available in electronic form on the Bank's website https://halykbank.kz/en/investors/offering-memorandum unquote More details are available on KASE website: - http://kase.kz/files/emitters/HSBK/hsbk_reliz_270919_1.pdf – in Russian; - http://kase.kz/files/emitters/HSBK/hsbk_reliz_270919_eng_1.pdf – in English. [2019-09-27]