14.06.2016

Kenges Rakishev announces results of the Offer to sell shares of Kazkommertsbank

14 June, 2016. Almaty, Kazakhstan. Mr. Kenges Rakishev announces purchase of common shares of JSC Kazkommertsbank from the shareholders subject to the Offer announcement made on 6 May 2016 in accordance with p. 3 of Article 25 of the Law of the Republic of Kazakhstan 'On Joint Stock Companies'.

As a result of the Offer, based on received applications and orders, Mr. Rakishev purchased 648,120 common shares of Kazkommertsbank from minority shareholders at price of 211.4978 KZT per one common share.

Upon completion of the transactions shareholding structure of Kazkommertsbank is as follows:

Shareholder

Number of common shares

Percentage holding

Type of securities

Additional information

Central Asian Investment Company (CAIC)

70 074 945

8.79%

Common shares

CAIC controls 113,155,954 common shares of the Bank, including those shares owned by Mr. Subkhanberdin and transferred to CAIC under trust management (43,081,009 common shares) or 14.19% of the common equity.

Mr. Nurzhan Subkhanberdin

47 800 962

5.99%

Common shares

Mr. Subkhanberdin directly and indirectly via CAIC controls 13.66% of the common equity.

JSC Qazaq Financial Group

(former JSC Alnair Capital Holding)

223 922 790

28.08%

GDRs and common shares

Samruk-Kazyna National Wealth Fund

85 517 241

10.72%

Common shares

Mr. Kenges Rakishev

344 777 652

43.23%

Common shares

Mr. Rakishev directly and indirectly via Qazaq Financial Group controls 71.31% of the common equity.

Minorities

25 413 637

3.19%

GDRs and common shares

Total placed shares:

797 507 227

100%

Enquires:

Alma Buirakulova, Investor relations
+7 (727) 258-51-25, E-mail:
investor_relations@kkb.kz

Larissa Kokovinets, Public relations
+7 (727) 258-54-56, E-mail:
pr@kkb.kz

Kazkommertsbank AO published this content on 14 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 June 2016 09:24:02 UTC.

Original documenthttp://en.kkb.kz/page/News_140616_1

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