/KASE, May 26, 14/ – Kcell JSC (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-
release of May 23, 2014:
quote
... Kcell Joint Stock Company (“Kcell” or the “Company”) (LSE, KASE: KCEL) the
leading provider of mobile telecommunications services in Kazakhstan by market
share in terms of revenue and subscribers, announces the results of its Annual
General Meeting of Shareholders (“AGM”) held on May 21, 2014.
The AGM approved the following composition of Kcell’s Board of Directors;
- Jan Erik Rudberg (Independent Director);
- William H.R. Aylward (Independent Director);
- Vladimir Smirnov (Independent Director);
- Kenneth Berndt Karlberg (Representative of the shareholder Sonera Holding
B.V.);
- Erik Hallberg (Representative of the shareholder Fintur Holdings B.V.);
- Ingrid Maria Stenmark (Representative of the shareholder Fintur Holdings
B.V.).
The AGM approved the proposal of Kcell’s Board of Directors to distribute 70% of
the net income for 2013 as an Annual Dividend and an additional 30% as a Special
Dividend. The Company will distribute a total of KZT 63,390,000,000,representing
100% of its net income for the period from 1 January 2013 to 31 December 2013.
The total dividend amount will equate to a gross figure of KZT 316.95 per
ordinary share and (each GDR representing one ordinary share) Kcell
shareholders who are registered at the record date of 7 June, 2014 (01:00
Almaty time) will be entitled to receive the dividends.
The dividends will be paid in two separate tranches:
KZT 221.81 gross per ordinary share during the period of 25 June 2014 - 30 June
2014;
KZT 95.14 gross per ordinary share during the period 10 December 2014 – 31
December 2014.
Dividends will be paid electronically to shareholders’ bank accounts.
The Company’s details:
Name: Kcell JSC Address: Kazakhstan, 050051, Almaty, mcr. Samal-2, 100, Bank
details: BIN 980540002879 BIC KZKOKZKX IBAN KZ539261802102350000 at
Kazkommertsbank JSC Kbe 17.
unquote
The full press-release is available on KASE website at:
-
http://www.kase.kz/files/emitters/KCEL/kcel_reliz_230514.pdf – in Russian;
-
http://www.kase.kz/files/emitters/KCEL/kcel_reliz_230514_en.pdf – in English.
[2014-05-26]