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Pursuant to the decision of the Board of directors dated 23 February 2010 the Company launched a buyback programme for its preferred shares on the Kazakhstan Stock Exchange (KASE). Under the programme the Company intends to repurchase up to 4,136,107 shares (i.e. up to 100 per cent of the total number of the issued preferred shares of the Company) for up to 10 per cent of the Company’s equity capital as at the date of the Board decision, minus the costs of the Company’s ordinary share and global depository receipt buyback programme. The Company will carry out the preferred shares buyback programme through a sequence of specialized trades, which will be completed before or on 31 December 2011 on KASE. Pursuant to the decision of the Listing committee the Company’s preferred shares were included in KASE’s official list (KASE: RDGZp) on 4 March 2010 and admitted to trading on 9 March 2010. Under the specialized trades and in line with KASE regulations preferred shares of the Company have been assigned another symbol – RDGZpA. The following table is a summary of the completed specialized trades.
For additional enquiries holders of preferred shares are asked to refer to the toll-free call centre service operated by the RFCA in Kazakh and Russian languages. Tel.: 8-8000-800-177 (available within Kazakhstan only) Press releases on the preferred shares buyback programme Contact us |
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