May 15, 2017. Almaty, Kazakhstan. Kazkommertsbank (“the Bank”, “KKB”) announces today the results of the the Extraordinary General Meeting of the shareholders of the Bank held today in accordance with the approved and published agenda.
The shareholders of the Bank have approved increase in the number of the Bank’s registered common shares as follows:
(1) Current number of registered common shares in amount of 1,100,000,000 (one billion one hundred million) common shares increased by 22,900,000,000 (twenty two billion nine hundred million) common shares;
(2) Number of registered preferred shares remained unchanged at 175,000,000 (one hundred seventy five million) preferred shares;
(3) Number of total registered shares of the Bank approved in amount of 24,175,000,000 (twenty four billion one hundred seventy five million) shares, of which 24,000,000,000 (twenty four billion) common shares, and 175,000,000 (one hundred seventy five million) preferred shares.
The shareholders of the Bank have also approved amendments and addendums to the Bank’s Share Issue Prospectus #34, reflecting changes to the number of the Bank’s registered shares.
Terms and conditions of the placement of the shares, including timelines, price and number of shares to be placed, shall be further defined by the Board of Directors of the Bank in accordance with the legislation of the Republic of Kazakhstan.
Alma Buirakulova, Vadim Yadrikhinsky, Investor Relations
+7 (727) 2 585-125, E-mail: firstname.lastname@example.org
Larissa Kokovinets, Public Relations
+7 (727) 2 585-456, 2 585-392, E-mail: email@example.com