Kazkommertsbank (Kazakhstan): Alnair Capital Holding to increase its stake in the bank up to 28.57 %
21.12.09 15:36
/KASE, December 21, 09/ - Kazkommertsbank (Almaty), listing on
the Kazakhstan Stock Exchange (KASE), provided KASE with
a press release dated December 21, 2009:
Quotation begins
Kazkommertsbank informed to have received an official notification of Alnair
Capital Holding (Alnair) on an agreement to acquire more shares in
Kazkommertsbank on the condition that it is approved by regulators;
after the acquisition Alnair will hold 28.57% common shares in the bank.
Alnair representative in the Board of Directors of Kazkommertsbank Mr Patrik
Vosgimorukian commented:
"Amidst harsh operational conditions, Kazkommertsbank successfully overcame
difficulties of the period, having complied with assumed obligations. Investment
in the Kazkommertsbank shares show Alnair is confident of a unique position the
bank occupies on the market, which will allow in the future for using Kazakhstan
economy growth-related opportunities."
The transaction will not affect stakes of other major shareholders - Mr Nurzhan
Subhanberdin, Central-Asian Investment Company, EBRD and National wellbeing
fund Samruk-Kazyna".
Contact:
Aliya Nursipalatova, Head of Investor Relations
Tel.: +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz
Larissa Kokovinets, Head of Public Relations
Tel.: +7 (727) 258-54-56, E-mail: pr@kkb.kz
Ends
[2009-12-21]