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 made to the existing agreements 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 pledging (re-pledging) – Transaction date – December 28, 2015, Collateral term – until May 25, 2021.

3) value of pledged (re-pledged) assets of the joint-stock company:

- under additional treaty ... to Agreement No. 793 of November 11, 2014 – KZT5,027,883,225;

- under additional treaty ... to Agreement No. 615 of September 12, 2014 – KZT4,119,004,945.

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 an inter-related transaction, which provides for a transfer of property as collateral for an amount of more than five percent of the total value of assets of the Company.

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