Information on payment of dividends on ordinary shares of the Export Insurance Company “KazakhExport” JSC
We, the Export Insurance Company “KazakhExport” Joint Stock Company (hereinafter - the “Company”), hereby inform that the Sole Shareholder of the Company (Minutes No.22/17 of the Board of the National Managing Holding Company “Baiterek” JSC dated 24.05.2017) has passed a resolution to pay dividends on ordinary shares of the Company.
The Resolution of the Sole Shareholder of the Company is as follows:
1. The following procedure for the Company’s net income distribution (80/4, Zenkov Str., Almaty, Republic of Kazakhstan, Halyk Bank of Kazakhstan JSC, IIC KZ626010131000096412, HSBKKZKX, BIN 030840002763, Beneficiary Code 15) shall be approved in the amount of KZT 109 850 746 (One Hundred and Nine Million Eight Hundred and Fifty Thousand Seven Hundred and Forty Six) earned for the 2016 financial year:
1) The amount of KZT 32 955 768 (Thirty Two Million Nine Hundred and Fifty Five Thousand Seven Hundred and Sixty Eight) shall be used to pay dividends to the Sole Shareholder of the Company;
2) The remaining part of the net income in the amount of KZT 76 894 978 (Seventy Six Million Eight Hundred and Ninety Four Thousand Nine Hundred and Seventy Eight) shall be left at the disposal of the Company.
2. The dividend amount of 365 (Three Hundred and Sixty Five) Tenge 85 (Eighty Five) Tiyn per one ordinary share of the Company shall be approved.
3. June 1, 2017 shall be specified as the date of commencement of the dividend payment.
4. The Company shall pay dividends to the bank account to the Sole Shareholder of the Company in monetary terms by cashless transfer not later than 90 (ninety) days from the passing of this Resolution.
This Resolution is that of the Sole Shareholder of the Company.
On any matters related to the corporate governance of the Company, you may contact Alfiya Davletova, the Corporate Secretary of the Company.
