Postponement of Placing of Shares and GDRs


 

TIDMKZG 
 
RNS Number : 7565E 
KazakhGold Group Ltd 
29 December 2009 
 

NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN 
 
 
29 December 2009 
KazakhGold Group Limited (LSE: KZG): Postponement of Placing of Shares and GDRs 
KazakhGold Group Limited ("KazakhGold") today announces that its planned placing 
of new ordinary shares of KazakhGold and global depositary receipts representing 
those shares had been postponed in order to allow more time for KazakhGold to 
investigate further certain Kazakh regulatory issues in connection with the 
placing.  As stated in the Partial Offer Document issued in connection with the 
acquisition by Jenington International Inc. ("Jenington"), an indirect 
wholly-owned subsidiary of OJSC Polyus Gold, of 50.1 per cent of the ordinary 
share capital of KazakhGold, KazakhGold expects to raise approximately US$ 100 
million by way of the placing. In connection with the Partial Offer, Jenington, 
KazakhGold's direct controlling shareholder, agreed, as part of the transaction, 
to underwrite the placing. KazakhGold currently expects that it will be able to 
complete the placing in the first quarter of 2010. 
For further information please contact: 
Alexey V. Chernushkin, Director, capital markets and IR 
Evguenia V.Buydina, IR 
manager 
+7 (495) 641-3377 
 +7 (495) 785-4031 
ir@polyusgold.com 
Anton A. Arens, PR Director 
 +7 (495) 641-3365 
+7 (495) 
544-5496 
pr@polyusgold.com 
 
 
This announcement does not constitute an offer of, or the solicitation of an 
offer to buy or subscribe for, securities to any person in any jurisdiction to 
whom or in which such offer or solicitation is unlawful and, in particular, is 
not for release, publication or distribution in or into the United States, 
Australia, Canada or Japan. 
The offer and sale of the Shares and the GDRs has not been and will not be 
registered under the US Securities Act of 1933, as amended (the "Securities 
Act") or with any securities regulatory authority of any state or other 
jurisdiction in the US and the Shares and the GDRs may not be offered or sold 
except pursuant to an exemption from, or in a transaction not subject to, the 
registration requirements of the Securities Act. There will be no public 
offering of the securities in the United States. 
This announcement is only addressed to and directed at persons in member states 
of the European Economic Area who are "qualified investors" within the meaning 
of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) 
("Qualified Investors"). In addition, in the United Kingdom, this announcement 
is being distributed only to, and is directed only at, (i) Qualified Investors 
who have professional experience in matters relating to investments who fall 
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial 
Promotion) Order 2005, as amended (the "Order") and Qualified Investors falling 
within Article 49(2)(a) to (d) of the Order, and (ii) Qualified Investors to 
whom it may otherwise lawfully be communicated (all such persons together being 
referred to as "relevant persons"). This announcement must not be acted on or 
relied on (i) in the United Kingdom, by persons who are not relevant persons, 
and (ii) in any member state of the European Economic Area other than the United 
Kingdom, by persons who are not Qualified Investors. Any investment or 
investment activity to which this announcement relates is available only to (i) 
in the United Kingdom, relevant persons, and (ii) in any member state of the 
European Economic Area other than the United Kingdom, Qualified Investors, and 
will be engaged in only with such persons. 
This announcement contains certain "forward-looking statements". In particular, 
the words "expects", "anticipates", "plans", "intends", "estimates", "may", 
"should", "believes" and similar expressions can be used to identify 
forward-looking statements. Certain important factors could cause actual results 
or outcomes to differ materially from those expressed in forward-looking 
statements. These statements are based on the KazakhGold directors' expectations 
of external conditions and events, current strategy, plans and other objectives 
of management, and estimates and projections of KazakhGold's financial position. 
Forward-looking statements involve known and unknown risks and uncertainties and 
speak only as of the date they are made. Investors are cautioned that certain 
important factors could cause actual results or outcomes to differ materially 
from those expressed in forward-looking statements. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUKVNRKWRUURA
Kazera Global (LSE:KZG)
過去株価チャート
から 6 2024 まで 7 2024