/KASE, July 5, 12/ - Halyk Savings Bank of Kazakhstan (Almaty), securities of
which are officially listed on Kazakhstan Stock Exchange (KASE), provided to
KASE the following press release of July 5, 2012:
quotation
Joint Stock Company "Halyk Savings Bank of Kazakhstan" ("Halyk Bank") (LSE:
HSBK) announces early buy-back of its 40,000,000 preferred shares from Joint
Stock Company "Sovereign Wealth Fund "Samruk-Kazyna" ("Samruk-Kazyna")
at a price of KZT 180.21 per share for the total amount of KZT 7.2 billion
(the "Buy-back") on 5 July 2012.
Earlier, on 29 June 2012, Halyk Bank has already bought back its 150,000,000
preferred shares from Samruk-Kazyna for the total amount of KZT 27 billion.
The Buy-back was executed in accordance with the terms and conditions of the
option agreement in relation to preferred shares of Halyk Bank (the "Option")
signed on 22 April 2009 between Samruk-Kazyna and Joint Stock Company
Holding Group Almex ("Almex"), the major shareholder of Halyk Bank. As
announced previously Halyk Bank purchased the Option from Almex.
ends
The press release full version is available on KASE website at:
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http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_050712.pdf - in Russian;
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http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_050712_en.pdf - in English.
[2012-07-05]