/KASE, October 4, 2019/ – Halyk Savings Bank of Kazakhstan (Almaty), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE about the following:
quote
Further to the announcement made on 27 September 2019, JSC Holding Group
"ALMEX" ("ALMEX" or the "Selling Shareholder") today announced that it has
successfully completed the fully marketed offering of 29.32 million global
depositary receipts (the "GDRs") (the "GDR Offering"), each representing an
interest in 40 common shares (the "Shares") of JSC "Halyk Bank" ("Halyk
Bank" or the "Bank"). The number of GDRs sold in the GDR Offering
represents 10% of the Bank's outstanding shares. The GDR Offering targeted a
wide range of qualified institutional investors outside of Kazakhstan and
domestic investors in Kazakhstan, through an offering on the Astana
International Exchange (the "AIX") pursuant to the rules and regulations of the
AIX (the "AIX Offering").
ALMEX' gross proceeds from the GDR Offering amount to USD 344,470,085.25
(including USD 66,770,585.25 from the AIX Offering), which equals to 29.32
million GDRs sold at the offer price of USD 11.75 per GDR. Of 29.32 million GDRs,
23.63 million GDRs were purchased by institutional investors outside of Kazakhstan
and 5.68 million GDRs were purchased by domestic and international investors in
Kazakhstan through the AIX Offering.
Closing and admission to trading of the GDRs offered in the GDR Offering on
the London Stock Exchange are expected to start on 8 October 2019. Trading
in the GDRs and the Shares on the AIX is expected to start on 9 October 2019.
Following completion of the GDR Offering, ALMEX will hold 7,583,538,228
shares in the Bank, representing approximately 64.7 per cent of the Bank's
outstanding shares.
unquote
More details are available on KASE website at:
-
http://kase.kz/files/emitters/HSBK/hsbk_reliz_041019_1.pdf – in Russian.
-
http://kase.kz/files/emitters/HSBK/hsbk_reliz_041019_eng_1.pdf – in English.
[2019-10-04]