First Heartland Jusan Bank announces acquisition of 9 % of common shares of Kazakhtelecom

13.09.23 11:12
/KASE, September 13, 2023/ – First Heartland Jusan Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: unquote First Heartland Jusan Bank JSC (Jusan Bank, hereinafter referred to as the Bank) hereby announces the acquisition of 983 thousand common shares of Kazakhtelecom JSC at Kazakhstan Stock Exchange JSC (KASE), which is 9 % of the total number of issued common shares of the national telecommunications operator. The shares were purchased at an open auction. The acquisition price is the market price established on KASE at the time of purchase. The Bank acquired shares of Kazakhtelecom JSC in addition to its existing stake in Kcell JSC as part of its strategy aimed at building a financial institution with a high digital component in business. unquote The complete press release in Kazakh and Russian is available at – https://kase.kz/files/emitters/TSBN/tsbn_relizs_130923.pdf [2023-09-13]