KAZAKHMYS PLС (United Kingdom) announces receiving funds and own shares from Eurasian Resources Group B.V. (Eurasian Resources)
11.11.13 17:36
/KASE, November 11, 13/ – KAZAKHMYS PLС (London), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of November 11, 2013:
quote
Following settlement of consideration under the ENRC Takeover Offer, Kazakhmys
announces that on 8 November 2013 it received U.S.$887,285,879 cash and
77,041,147 Kazakhmys Shares from Eurasian Resources. The 77,041,147 Kazakhmys
Shares were repurchased from Eurasian Resources for £206,516,265 in aggregate
which was settled by way of net settlement pursuant to the terms of the Share
Repurchase Agreement. The repurchased shares will be cancelled and none will be
held as treasury shares.
Following the above purchase, Kazakhmys has 458,379,033 ordinary shares in
issue. Kazakhmys holds 11,701,830 ordinary shares in treasury and the issued
share capital of Kazakhmys which carries voting rights of one vote per share
comprises 446,677,203 ordinary shares (excluding treasury shares).
The above figure of 446,677,203 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, Kazakhmys under the
Disclosure and Transparency Rules.
For further information please contact:
Kazakhmys
John Smelt Corporate Communications, London
tel. +44 20 7901 7882
tel. +44 78 7964 2675
Irene Burton financial analyst, London
tel. +44 20 7901 7814
Maria Babkina Corporate relations, London
tel. +44 20 7901 7849
Maksut Zhapabaev Corporate relations, Almaty
tel. +7 701 799 32 64
Zulfira Mukhamediyarova Corporate relations, Astana
tel. +7 7172 557669
unquote
[2013-11-11]