Sole shareholder of Halyk Finance takes decision on increasing number of authorized ordinary shares, changing the type of non-placed preferred shares and swapping outstanding preferred shares for ordinary shares of the company

09.12.19 11:30
/KASE, December 9, 2019/ – Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance (Almaty, in the heading – Halyk Finance), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about decisions of the sole shareholder dated November 26, 2019: - to increase the number of authorized ordinary shares to 8.0 mln pieces and change the type of 14,545 non-placed authorized preferred shares of the company to ordinary shares at a ratio of 1:1; - to approve the swapping of all outstanding preferred shares for ordinary shares of the company. This information is available on – http://kase.kz/files/emitters/HFIN/hfin_decision_sole_shareholder_261119_954.pdf [2019-12-09]