/KASE, August 4, 10/ - As previously informed, on July 30, 2010 on the fifth
specialized trades on Kazakhstan Stock Exchange (KASE) on buy back of
preferred shares KZ1P51460114 (KASE, third category, RDGZp) of Exploration
Production KazMunaiGas (Astana) their issuer authorized buyer VISOR
Capital (Almaty) confirmed KASE its intent to fulfill 337 orders of KazMunaiGas
Exploration Production shareholders for sale of 456,148 preferred shares at
KZT17,980.93 per share.
On August 4, 2010 deals were settled (Т+3).
According to Central Securities Depository (Алматы) all deals were fulfilled.
The purchase amount made up KZT8,201,965,257.64 (USD55,621,627.95 at the
exchange rate).
These trades are the part of KazMunaiGas Exploration Production preferred
shares buy back program.
As previously informed KazMunaiGas Exploration Production approved the buy
back program, which is planned through organization of separate thirty days
specialized trades on KASE in compliance with the existing exchange rules. The
program is planned for completion till December 31, 2011. the press release of
KazMunaiGas Exploration Production is available at
http://www.kase.kz/news/show/1097005
The total number of authorized and offered shares of KazMunaiGas Exploration
Production 4,136,107 units, the buyer intends to buy up to 100 % from the
indicated number of securities. By results of five trades (March 9, 10, March
11 - April 9, April 30 - May 28, July 1 - 30) the buyer acquired 763,260
preferred shares to the amount of KZT14,66,877,823.54 (USD99,259,987.95 at the
current exchange rate) - 18.5 % from the planned fro buy back shares.
KASE news of July 3, 2010 "EP KMG buys back its 456,148 preferred shares
KZ1P51460114 (RDGZp) at KZT17,980.93 per share on July 1-30" is available at
http://www.kase.kz/ru/news/show/1111752
Details are available on KASE website at
http://www.kase.kz/ru/shares/show/RDGZp
[2010-08-04]