Alatau Zharyk Company (Kazakhstan) announces completion of transaction to buyback own shares from Samruk-Energy

10.01.14 17:59
/KASE, January 10, 14/ – Alatau Zharyk Company (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Alatau Zharyk Company (hereinafter – AZC) hereby notifies you of a complete execution of the transaction involving a buyback of own shares in the number of 8,816,345 (eight million eight hundred sixteen thousand three hundred forty five) pieces to the total amount of KZT4,584,499,400 from the sole shareholder Samruk-Energy. The payment for own shares was carried out by means of alienation of assets (shares) of the subsidiary affiliated organization of AZC – Almatinskie Elektricheskie Seti in the number of 445,097 (four hundred forty five thousand ninety seven) pieces to the total amount of KZT4,584,499,100 in favor of Samruk- Energy. Reason – decision of absentee meeting of the Board of Directors of Alatau Zharyk Company, minutes No.9 of December 25, 2012. unquote [2014-01-10]