OREANDA-NEWS. AK Altynalmas JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

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... an additional treaty was concluded to the existing agreement on the pledge of a vehicle concluded between Halyk Savings Bank of Kazakhstan JSC and the Company, constituting a major transaction:

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1) date of the joint-stock company's body making a decision to pledge (re- pledge) the joint-stock company's assets – December 7, 2015.

2) date of pledging (re-pledging) of the joint-stock company's assets (conclusion of agreement) and term of assets pledge (re-pledging) – Transaction date December 24, 2015, Collateral term – until May 25, 2021.

3) value of pledged (re-pledged) assets of the joint-stock company – KZT147,296,382;

4) date of the most recent appraisal of pledged (re-pledged) assets of the joint- stock company – June 29, 2015;

5) percentage ratio of pledged (re-pledged) assets to the total value of assets of the joint-stock company – the deal is part of a related transaction, which provides for a transfer of property as collateral for an amount of more than five percent of the total assets of the Company.

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