Shareholders of Life Insurance Company Freedom Finance Life approve net income distribution procedure for 2018

28.01.20 18:09
/KASE, January 28, 2020/ – Life Insurance Company "Freedom Finance Life" (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the decision of Annual General Meeting of its shareholders held on January 23, 2020: - to approve the following procedure for distribution of the company’s net income received in 2018 in the amount KZT393,103,167.78 thous.: - to allocate KZT126,358,505.00 for payment of dividends; - to leave the remaining amount of net income of KZT266,744,662.78 at the company’s disposal; - to approve the dividend of KZT49 per one ordinary share of the company for 2018; - to fix the list of company shareholders entitled to dividends on ordinary shares for 2018 as at February 3, 2020; - to set the date for launching payment of dividends on ordinary shares for 2018 as February 11, 2020. This information is available (in Kazakh and Russian) at – http://kase.kz/files/emitters/ASLF/aslf_special_shareholders_meeting_results_230120_0288.pdf [2020-01-28]