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14.01.2005 11:08

In 2005 Alliance Bank JSC (Kazakhstan) to float its 1,288,129 common shares remaining on issuer account

/KASE, January 14, 05/ - Alliance Bank JSC (Almaty), whose shares and bonds are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has informed KASE by the official letter that in December of 2004 bank started floatation of its common shares.

Bank's share issue was registered by Kazakhstan agency for financial market and financial organizations regulation and supervision (FSA) on November 25 of 2004 and included in the state securities register under the number А4031. The issue has been divided into 2,750,000 common shares KZ1C40310019 and 50,000 privileged shares KZ1P40310115.

As of January 1 of 2005 number of bank's floated (paid) shares was 1,511,871, 1,461,871 of them - common shares, 50,000 - privileged shares.

A total of 811,871 common shares were floated in December. Floatation price was KZT10,000.00. There were 1,288,129 common shares on issuer account of Alliance Bank JSC, which are to be floated within 2005.

Announced authorized capital of Alliance Bank JSC is now amounts to KZT28 bn.

[2005-01-14]