Preferred shares of Alliance Bank JSC (Kazakhstan) pass listing procedure at KASE under "A" category

10.05.05 11:08
/KASE, May 10, 05/ - By the decision of Kazakhstan stock exchange's (KASE) Council dated May 10 of 2005 preferred shares KZ1P40310115 of Alliance Bank JSC (Almaty) have been included in KASE's official "A" listing category under ASBNp1 symbol. Date, on which the decision will take effect will be announced later after the issuer pays the listing fees for these securities. The issuer will be fulfilling market maker's obligations on its own. Company's commons shares issue, which was registered by Kazakhstan agency for financial market and financial organizations regulation and supervision (FSA) on July 28 of 2004, was divided into 650,000 common and 50,000 preferred shares. A corresponding entry to the State securities list was made under A4031 number. According to the FSA as of September 9, 2004 shares of the given issue were floated and paid in full. According to the Charter of the bank and prospectus of its shares issue guaranteed amount of dividend per preferred share anounts 12% of its face value. During annual bank shareholders meeting that took place on February 22, 2005 it was decided to change the size of a dividend per preferred share. After corresponding amendments to the Charter and shares issue prospectus are adopted, the size of a dividend per preferred share would amount KZT1,000.00. Bank's shareholders register is maintained by REGISTER LLP (Almaty). Detailed information about the issuer and securities will be published on the web-site of KASE at http://www.kase.kz/emitters/asbn.asp in the nearest future. [2005-05-10]