/KASE, March 3, 15/ – Kazkommertsbank JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release:
quote
Kazkommertsbank JSC and BTA Bank JSC continue implementing integration
model approved by the general meetings of shareholders of both banks on
December 26, 2014.
Kazkommertsbank JSC has acquired 304,187,299,781 common shares of BTA
Bank at a price of 0.24162 tenge per share from Kenes Rakishev. As a result,
KKB’s holding in BTA increased from 47.415% to 94.83%. This, together with the
shares of Samruk-Kazyna National Wealth Fund JSC in the trust management of
KKB (4.26%) provides KKB with 99.09% of the voting rights in BTA.
In addition, Kenes Rakishev purchased 127,777,704 common shares of KKB at a
price of 575.2 tenge per share under the share offering agreement announced
earlier and became a new major shareholder of Kazkommertsbank having
received all regulatory authorizations.
unquote
The full version of the press-release is available on KASE website in Russian at
http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_030315.pdf
[2015-03-03]