/KASE, September 20, 2022/ – Kcell JSC (Almaty), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press release dated September 20, 2022:
quote
Kcell Joint Stock Company ("Kcell" or the "Company") (KASE: KCEL), one of the
leading providers of mobile telecommunications services in Kazakhstan, informs
that on 15 September 2022, the Board of Directors of the Company decided to
postpone consideration of the issue on distribution of retained earnings of
previous periods in the form of dividends until 1 November 2022. To consider
this issue, the Company’s performance results for 9 months of 2022 should be
taken into account and also plans for the development of infrastructure and
formation of an investment portfolio in the medium term (2023-2025) should be
finalized.
The issue was submitted to the Board of Directors for consideration in accordance
with the instruction of the Annual General Meeting of Shareholders dated 19 May
2022 (Minutes No. 21): "Instruct the Board of Directors of Kcell JSC to submit a
proposal for the distribution of retained earnings of previous periods by
15 September 2022".
unquote
The full press release is available on KASE website at –
https://kase.kz/files/emitters/KCEL/kcel_relizs_200922.pdf
[2022-09-20]