Punjab National Bank - Kazakhstan to Offer 2.3 mn Common Shares
OREANDA-NEWS. March 01, 2012. Board of Directors of joint-stock company "Subsidiary bank "Punjab National Bank" - Kazakhstan" on February 20, 2012 took a decision to offer common shares of JSC "SB "PNB"-Kazakhstan" within the limits of authorized shares (state registration of authorized shares of JSC "SB "PNB"-Kazakhstan" # А3756 of February 6, 2012, national identifying number KZ1С37560014) in the number of 2,300,000 (two million three hundred thousand) pieces, reported the press-centre of KASE.
The ratio of the number of outstanding (except those bought back by the Company) common shares to the number of those being offered (being sold) common shares - 10,500,000:2,300,000 (4.57:1).
Shareholders within thirty calendar days from the date of publication of this notice may submit an order for purchase of the Bank's shares in accordance with the preemptive right at equal terms pro rata to the quantity of shares they hold at a single offering price of KZT1,000 (one thousand).
The list of shareholders entitled to preemptive purchase of securities being offered (sold), is drawn up based on data of the system of securities holders of the company as at 00 hours 00 minutes of February 20, 2012.
After exercising by shareholders of JSC "SB "PNB"-Kazakhstan" of their preemptive right to purchase, shares will be offered amongst an unlimited circle of investors at the same price of KZT1,000 (one thousand) per share.
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