/KASE, June 27, 06/ - TsesnaBank JSC (Astana), whose securities are
traded in Kazakhstan stock exchange's (KASE) official "A" listing category,
informed KASE by official letter that on June 27, 2006 Board of directors of
the bank decided on offering of its KZ1P33820914 issue preferred shares
(KASE trade code - TSBNp) by means of actualization of shareholders right
on privilege purchase on following terms:
- the quantity of offered preferred shares - 750,000;
- ratio of quantity of offered preferred shares (with the deduction of
repurchased shares by the bank) to quantity of being offered preferred
shares - 1/0.4309;
- offering price of one share is 1,000.00 tenge.
The term, within which shareholders of the bank can submit bid on shares
purchase according to the right on privilege purchase, is 30 days since the
day of publication of the present offering in mass media.
Shares payment must be made in money by means of cashless transfer to
account of issuer or underwriter, in the role of which DERBES SECURITIES
acts (Astana).
Shareholders of TsesnaBank JSC can purchase shares on equal terms
proportionally to quantity of shares, which are in their ownership. At that,
shareholders, owning preferred shares, have a right of privilege purchase of
preferred shares.
After actualizing the right of privilege purchase by shareholders of
TsesnaBank JSC, shares will be offered among unlimited circle of investors.
Shares issue of the bank was registered by Agency of Republic of
Kazakhstan for regulation and supervision of financial market and financial
organizations (AFS) on February 10, 2006, it was divided into 7,500,000
KZ1C33820016 issue common shares and 2,500,000 KZ1P33820914 issue
preferred shares. The issue was inserted into register of securities under
А3382.
Prospect of shares issue of TsesnaBank JSC is available at
http://www.kase.kz/emitters/tsbn.asp
[2006-06-27]