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JSC Halyk Bank (HSBK)
JSC Halyk Bank: NOTICE PURSUANT TO LR18.4.5 - CHANGE OF DEPOSITARY BANK
07-Dec-2017 / 16:57 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Halyk Savings Bank of Kazakhstan Joint Stock Company
7 December 2017
NOTICE PURSUANT TO LR18.4.5 - CHANGE OF DEPOSITARY BANK
Almaty, 7 December 2017. Halyk Savings Bank of Kazakhstan Joint Stock
Company (the "Bank") announces that The Bank of New York Mellon (formerly
The Bank of New York) (the "New Depositary") has replaced Deutsche Bank
Trust Company Americas (the "Outgoing Depositary") as depositary for the
Bank's programme (the "GDR Programme") for the issuance of global depositary
receipts representing common shares of the Bank ("GDRs") which was
established pursuant to the deposit agreement dated 20 December 2006 entered
into between the Bank and the Outgoing Depositary (the "Deposit Agreement").
The New Depositary's appointment as depositary under the Deposit Agreement
has become effective from today, 7 December 2017.
The Deposit Agreement has been replaced by a new deposit agreement (the
"Restated Deposit Agreement") with the New Depositary, and terms and
conditions of the GDRs have been amended, in each case effective from today,
7 December 2017, except for certain changes coming into force upon
expiration of three months after the New Depositary having given notice to
registered holders of GDRs ("GDR Holders") on the change of such terms and
conditions. Also, the Bank has executed a deed poll, effective from today, 7
December 2017 (the "Deed Poll"), in favour of the GDR Holders under which
GDR Holders will have certain limited rights against the Bank.
The Bank as custodian under the GDR Programme appointed by the Outgoing
Depositary has also been replaced by Kazkommertsbank Joint Stock Company
(the "New Custodian") with effect from today, 7 December 2017.
Information regarding the New Depositary
The New Depositary is an entity established in the State of New York, and is
a state chartered New York banking corporation and a member of the United
States Federal Reserve System, subject to regulation and supervision
principally by the United States Federal Reserve Board and the New York
State Department of Financial Services. The Bank of New York Mellon was
constituted in 1784 in the State of New York. It is a wholly owned
subsidiary of The Bank of New York Mellon Corporation, a Delaware bank
holding company. The New Depositary's registered office is located at 225
Liberty Street, New York, New York 10286 and its principal administrative
offices are located at 101 Barclay Street, 22nd Floor, New York, New York
10286. A copy of the New Depositary's Articles of Association, as amended,
is available for inspection at the offices of The Bank of New York Mellon,
London branch, at One Canada Square, London, E14 5AL, United Kingdom.
Information regarding the New Custodian
The New Custodian is Kazkommertsbank Joint Stock Company, a legal entity
established under Kazakhstan law. The New Custodian holds securities for the
New Depositary under a custody agreement entered into between the New
Depositary and the New Custodian.
GDR Holders do not need to take any action in connection with this notice.
Certified or conformed copies of the Restated Deposit Agreement and Deed
Poll will be filed with the New Depositary and the New Custodian and will be
available to GDR Holders for inspection during normal business hours on any
business day at the specified offices of the New Depositary and any agent,
which may be appointed by the New Depositary pursuant to the Restated
Deposit Agreement, and at the main office of the New Custodian, which is, as
of the date of this announcement, at 135-zh Gagarin Avenue, 050060, Almaty,
Republic of Kazakhstan.
For more information on The Bank of New York Mellon, please visit
www.bnymellon.com [1].
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About Halyk Group
Halyk Bank is Kazakhstan's leading financial services group, operating
across a variety of segments, including retail, SME & corporate banking,
insurance, leasing, brokerage and asset management. Halyk Bank has been
listed on the Kazakhstan Stock Exchange since 1998 and on the London Stock
Exchange since 2006.
In July 2017, Halyk Bank purchased majority stake in Kazkommertsbank JSC -
the second largest bank in Kazakhstan by total assets.
With total assets of KZT 8,674.6 billion as at 30 September 2017, Halyk Bank
is Kazakhstan's leading lender. Halyk Bank has the largest customer base and
broadest branch network in Kazakhstan, with 719 branches and outlets
(including 220 branches and outlets of Kazkommertsbank) across the country.
The Bank also operates in Georgia, Kyrgyzstan, Russia and Tajikistan.
THIS ANNOUNCEMENT IS NOT INTENDED TO, AND DOES NOT CONSTITUTE, OR FORM PART
OF, AN OFFER TO SELL OR AN INVITATION TO PURCHASE, EXCHANGE OR SUBSCRIBE FOR
ANY SECURITIES IN ANY JURISDICTION. THIS ANNOUNCEMENT DOES NOT CONSTITUTE A
PROSPECTUS OR A PROSPECTUS EQUIVALENT DOCUMENT.
THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT IN
JURISDICTIONS OTHER THAN THE UNITED KINGDOM MAY BE RESTRICTED BY LAW AND
THEREFORE ANY PERSONS WHO ARE SUBJECT TO THE LAWS OF ANY JURISDICTION OTHER
THAN THE UNITED KINGDOM SHOULD INFORM THEMSELVES ABOUT, AND OBSERVE, ANY
APPLICABLE REQUIREMENTS. THIS ANNOUNCEMENT HAS BEEN PREPARED FOR THE
PURPOSES OF COMPLYING WITH ENGLISH LAW AND THE INFORMATION DISCLOSED MAY NOT
BE THE SAME AS THAT WHICH WOULD HAVE BEEN DISCLOSED IF THIS ANNOUNCEMENT HAD
BEEN PREPARED IN ACCORDANCE WITH THE LAWS AND REGULATIONS OF ANY
JURISDICTION OUTSIDE OF ENGLAND.
ENQUIRIES
For further information, please contact:
Halyk Bank
Mira Kasenova: +7 727 259 04 30
Yelena Perekhoda: +7 727 330 17 19
ISIN: US46627J3023
Category Code: MSCM
TIDM: HSBK
Sequence No.: 4959
End of Announcement EQS News Service
636985 07-Dec-2017
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(END) Dow Jones Newswires
December 07, 2017 10:57 ET (15:57 GMT)
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