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]