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Wednesday 09 June, 2010

Temirbank JSC

Account Information Forms

RNS Number : 3283N
Temirbank JSC
09 June 2010
 



 

PRESS RELEASE

(for immediate release)

 

JSC TEMIRBANK

TEMIR CAPITAL B.V.

 

9 JUNE 2010

 

ACCOUNT INFORMATION FORMS AND DOMESTIC DISTRIBUTION CLAIM FORMS MADE AVAILABLE

Account Information Forms:

JSC Temirbank announces that Account Information Forms for those Beneficial Owners of International Notes who wish to receive Common Shares (rather than equity in the form of GDRs) are now available to be completed online at https://www.corp-action.net/temirbank.

Account Information Forms should only be completed by those Beneficial Owners who wish to receive Equity Interests in the form of Common Shares (rather than GDRs or the net proceeds of liquidation of Equity Interests).
 
Beneficial Owners should note that it will not be practicable for the Restructuring Tabulation Agent to process Account Information Forms before the Restructuring Date of 30 June 2010.  Entitlements comprising Common Shares (as opposed to equity in the form of GDRs) will therefore be delivered to the Independent Holder on the Restructuring Date and will be distributed to Beneficial Owners (subject to provision of a 2011 Notes Electronic Instruction or a 2014 Notes Electronic Instruction (as applicable) and Account Information Forms as required herein) on the applicable Share Distribution Date (being (i) 31 August 2010 if the Electronic Instructions and Account Information Forms are submitted prior to 23 June 2010 or (ii) 30 October 2010 if the Electronic Instructions and Account Information Forms are submitted after 23 June 2010 but before 31 August 2010).
 
Beneficial Owners who wish to receive Common Shares before the applicable Share Distribution Date may choose to elect, or cause an election to be made, to receive GDRs in the 2011 Notes Electronic Instruction or a 2014 Notes Electronic Instruction (as applicable) and will then be entitled to withdraw the number of Common Shares evidenced by such GDR in accordance with the relevant Deposit Agreement.  If Electronic Instructions electing to receive GDRs are submitted before 23 June 2010, GDRs will be distributed the relevant Beneficial Owners on the Restructuring Date of 30 June 2010. (Any such withdrawal of Common Shares within one month of the Restructuring Date shall be without cost to the relevant Beneficial Owner.
 
Beneficial Owners should note that the Clearing Systems do not have accounts with the Kazakhstan Central Securities Depository therefore Beneficial Owners who wish to receive Common Shares must have opened an account in good time in their name with the Central Securities Depository or have appointed another institution with such an account in order to receive Common Shares.  



Domestic Distribution Claim Forms:

Domestic Distribution Claim Forms for holders of Secured Domestic Notes are now available to download from the Bank's website at http://en.temirbank.kz/ and from the Information Agent's website http://bonds.thomsonreuters.com/temirbank.

The Bank confirms that holders of Unsecured Domestic Notes do not need to complete a Domestic Distribution Claim Form or take any other action in relation to the Restructuring.

The Restructuring Date Notice published on 1 June 2010 gives further information on the method and deadlines by which Entitlements must be claimed.  The Restructuring Date Notice is via the website of the Information Agent: http://bonds.thomsonreuters.com/temirbank and was also distributed via the Clearing Systems.

Nothing in this press release should be relied on for any purpose. In particular and without limitation, nothing in this press release, the Information Memorandum, the Supplemental Information Memorandum or any other document issued with or appended to it should be relied on in connection with the purchase of any shares, securities or assets of the Bank (including but not limited to the Amended Notes). This press release is not an offer of securities in the United States.  Securities may not be offered or sold in the United States absent registration or an exemption from registration.

Restructuring Creditors may direct any queries they have regarding the restructuring to either:

The International Department of the Bank by email at [email protected] or by telephone at +7 727 259 0528 or +7 727 258 7829; or

The Information Agent: Thomson Reuters by email at [email protected] or by telephone to any of Ellis Farrell + 44 207 542 8775, Christina Mermiga + 44 207 542 5836 or Melina Bobbio + 44 207 542 9013 or by post to Thomson Reuters, 30 South Colonnade, Canary Wharf, London, UKE14 5EP.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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