/KASE, June 27, 2018/ - Mining-Metallurgy Concern KAZAKHALTYN
(Stepnogorsk),whose shares are officially listed on Kazakhstan Stock Exchange(KASE),
has informed KASE of concluding major deal by an official letter.
The mentioned information is available on KASE website in Russian, at
http://www.kase.kz/files/emitters/KZAL/kzal_big_deal_210618_1346.pdf
Transaction details: 1) date of transaction: June 21, 2018
subject of transaction, parties of the transaction: Agreement and Replacement Contract
in obligations. Agreement is concluded between Altyn Holdings and Financial
Services B.V. and Mining-Metallurgy Concern KAZAKHALTYN
3)the value of property, which is the subject of transaction as at the date of
the decision on making a transaction: 100 000 000 $
4) date of the decision on transaction: June 21, 2018
5) date of latest valuation of the property, which is the subject of transaction:_
6) percentage ratio of the cost of property, which is the subject of transaction
to the total cost of assets as at the date of the decision on transaction:_
7) other information:
The contract of assignment of rights of claim is concluded between
The Company as a borrower, Financial Services B.V. as acting lender and
Altyn Holdings (FZE) as a new lender, according to which Financial Services B.V.
concedes, and Altyn Holdings (FZE) accepts all rights and obligations of Financial
Services B.V. under the Credit agreement dated November 6, 2006 (as amended and
supplemented) between the Company as a borrower and Financial Services B.V. as
lender.
[2018-06-27]