KAZAKHMYS PLС (United Kingdom) presents statement regarding indicative proposal for EURASIAN NATURAL RESOURCES CORPORATION PLC (ENRC, United Kingdom)

20.05.13 15:41
/KASE, May 20, 13/ – KAZAKHMYS PLС (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of May 20, 2013: quote Kazakhmys PLC Board of Directors has been notified of the statement issued today, May 20, 2013, by the Independent Committee of Corporation PLC (hereinafter "ENRC") Board of Directors, and stating terms of the indicative proposal from the Consortium regarding the possible open offering of ENRC shares not belonging to the Consortium (hereinafter "Statement"). Board of Directors of Kazakhmys PLC would like to clarify with regard to shares of Kazakhmys PLC, which according to the Statement will also be considered under the proposal. These shares represent the entire 26% stake held by the government of the Republic of Kazakhstan, a Consortium member, in Kazakhmys PLC, and does not stipulate issue of any additional shares of Kazakhmys PLC. Kazakhmys PLC is not a member of the Consortium. unquote The full press-release is available on KASE website, at: - http://www.kase.kz/files/emitters/GB_KZMS/gb_kzms_reliz_200513_kz.pdf – in Kazakh; - http://www.kase.kz/files/emitters/GB_KZMS/gb_kzms_reliz_200513.pdf – in Russian. [2013-05-20]