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Market and Company News
20.07.2006 15:57

Owners of KazakhGold and member of board of directors want to sell shares

/REUTERS, 19.07.06/ - Owners of Kazakhstan gold-mining company KazakhGold - the Asaubayev family and the member of the board of directors of company - Peter Deresberry are planning to sell shares to the sum of $115 m., as an informed source imparted Reiter on Wednesday.

As it says, the volume of deal may come to at least 10% of KazakhGold.

"Tomorrow the company is going to publish press release, but we can't confirm or deny that selling will be held" - the representative of the company said.

The quotations of global depository receipts of KazakhGold fell by 2.2% at closing of the session to $23.50

[2006-07-20]