ForteBank shareholders approve 2018 financial statements and take decision on dividends payout

03.05.19 17:21
/KASE, May 3, 2019/ – ForteBank (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release od results of voting at the extraordinary general meeting of shareholders held on April 29, 2019: quote ForteBank JSC (Management Board is located at: bldg. 8/1, Dostyk str., Nur- Sultan city, Z05P1P0/010017, Republic of Kazakhstan) (hereinafter the "Bank") hereby announces the voting results at the Annual General Meeting of the Bank Shareholders (hereinafter the "Meeting") held on April 29, 2019 from 10.00 to 11.00 by Nur-Sultan standard time, at the following address: "Astana" Conference Room, 8th floor, bldg. 8/1, Dostyk str., Nur-Sultan city, Z05P1P0/010017, Republic of Kazakhstan. In accordance with the approved agenda, the following issues were considered at the Meeting, and following resolutions were passed based on the voting results. * * * Issue 1 of the Agenda "On approval of the 2018 annual financial statements of the Bank" To approve the attached audited annual financial statements of ForteBank JSC for the year ended December 31, 2018, including consolidated ones. * * * Issue 2 of the Agenda "On approval of the order of distribution of the Bank’s 2018 net income, the amount of the dividend per common share of the Bank" 1. To approve the following treatment of a part of undistributed profit of ForteBank JSC for 2018: - the amount up to a maximum of KZT 11,600,000,000.00 (eleven billion six hundred million tenge) to be allocated for payment of dividends; - the amount of net income remaining after the payment of dividends to be retained at the disposal of the Bank. 2. To approve the amount of dividend per common share of ForteBank JSC in the amount of KZT 0.127 (twelve point seven tiyn), including the amount of taxes payable in accordance with the laws of the Republic of Kazakhstan. The total amount of dividends payable to each shareholder must be accurate to the integer tiyn (rounding is performed according to the mathematical rounding rules). The rule of mathematical rounding is the method of rounding, when the value of an integer tiyn (integer tiyns) does not change if the first digit after the one being rounded is from 0 to 4, and changes by increasing by one if the first digit after the one being rounded is from 5 to 9. 3. To record the list of shareholders eligible to receive dividends as of May 02, 2019, 00:00 by Nur-Sultan standard time. 4. To determine the date of commencing of dividend payment on common shares of ForteBank JSC – starting from May 03, 2019. unquote The full press release is available on KASE website – http://kase.kz/files/emitters/ASBN/asbn_reliz_030519_1.pdf [2019-05-03]