20.06.2016, 09:08
KazMunaiGas Exploration Production Publishes Circular to Shareholders Responding
OREANDA-NEWS. KazMunaiGas Exploration Production (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated June 17, 2016:
"JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") notes the announcement earlier today by JSC NC KazMunayGas ("NC KMG") of the publication of a circular (the "NC Circular") setting out NC KMG's rationale for its proposed amendments to the relationship agreement between NC KMG and KMG EP and to the Charter of the Company (the "Proposed Amendments"), and the terms of its conditional on-market purchase offers to be made to the holders of ordinary and preferred shares and GDRs in the Company (the "Purchase Offer")".
"JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") notes the announcement earlier today by JSC NC KazMunayGas ("NC KMG") of the publication of a circular (the "NC Circular") setting out NC KMG's rationale for its proposed amendments to the relationship agreement between NC KMG and KMG EP and to the Charter of the Company (the "Proposed Amendments"), and the terms of its conditional on-market purchase offers to be made to the holders of ordinary and preferred shares and GDRs in the Company (the "Purchase Offer")".
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