OREANDA-NEWS. Kazkommertsbank ("KKB"), one of the largest banks in Kazakhstan and Central Asia, today announces the sale of 0.92% of JSC BTA Bank's common shares to K. Rakishev at a price of 0.24162 tenge per common share.

This transaction is based on an earlier agreement to equally distribute common shares purchased by KKB and Mr. Rakishev from BTA's minority shareholders.

As a result of the transaction the shareholding structure of BTA has changed as follows:

Shareholder

Number of shares

Share

Kazkommertsbank

304,187,299.781

47.415%

Kenes Rakishev

304,187,299,781

47.415%

Samruk-Kazyna*

27,351,461,050

4.26%

Minority shareholders

5,769,817,498

0.91%

Total:

Ѓ@

100%

*BTA shares owned by JSC NWF Samruk-Kazyna have been transferred to KKB's trust management with voting rights.