Kazkommertsbank Announces AGM Meeting
OREANDA-NEWS. The Board of Directors of Kazkommertsbank ("the Bank") situated at 135 Gagarin st, Almaty, Kazakhstan decided at its meeting on the 15th April 2014 that it will hold its Annual General Meeting (AGM) on 20 May 2014 at 11.00 am (Almaty time) at 34 Al-Farabi avenue, Almaty, Kazakhstan. Shareholder registration will commence at 10.30am on the 20 May 2014.
In case of cancellation, the AGM will be rearranged for 11.00 am on the 21 May 2014 at 34 Al-Farabi avenue, Almaty, Kazakhstan. The list of shareholders eligible to take part in the AGM will be based on the Bank’s shareholder register as of 18 April 2014.
Agenda:
(1) Approval of the Agenda of the Annual General Meeting;
(2) The Management Board’s report on the Bank’s activities in 2013;
(3) Approval of the 2013 audited annual financial statements of the Bank;
(4) Net profit distribution for 2013:
4.1.dividends on common shares of the Bank;
4.2.2013 net profit distribution.
(5) Approval of the external auditor of the Bank;
(6) Information to shareholders on the amount and structure of the remuneration of the members of the Board of Directors and Management Board of the Bank in 2013;
(7) Consideration of any shareholders’ appeals to the Bank regarding its actions and the results of such consideration.
Materials for discussion at the AGM will be offered to shareholders familiarization no later than 10 days before the meeting: phone # 00 7 7272 585 221 and address: Room 313, 34 Al-Farabi avenue, Almaty, Kazakhstan.
The shareholders that hold depositary receipts with common share as basic assets, should provide the following data to The Bank of New York before 14 May 2014 to participate in the AGM:
Name of the shareholder;
Citizenship / Origin of the shareholder, type of document used to identify the owner and document entries;
Number of shares held by the owner, and
Letter of Attorney for their representative at The Bank of New York to authorize that representative to take part and vote in the general shareholders’ meeting.
The Bank would like to remind the shareholders that:
(1) The shares held by nominees need to be registered with the Central Depository of Kazakhstan to be eligible to vote according to the Law on Joint Stock Companies;
(2) According to the clauses 5 and 5-1 of Article 17 of the Law on Banks and Banking Activities in Kazakhstan, the legal entities registered in offshore zones or having affiliates registered in the offshore zones or the individuals, which are participants (founders, shareholders) of the legal entities registered in the offshore zones, included in the list of offshore zones for the purposes of the banking, insurance, brokerage activities and other licensed types of capital markets, pension funds and joint investment funds activity, approved by the Decree of the Financial Supervision Agency #145 as of 2nd October 2008, cannot participate at the shareholders Annual General meetings.
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