Business
KazakhGold appoints HSBC as p
KazakhGold appoints HSBC as p.
About this update from Kazera Global Plc
[{"type":"text","content":"\n RNS Number : 0339C KazakhGold Group Ltd 05 November 2009 \n \n\n5 November 2009\n\nKazakhGold Group Limited (LSE: KZG) \nappoints HSBC Bank plc as placing agent\n\nKazakhGold Group Limited (\"KazakhGold\" or the \"Company\") today announces the appointment of HSBC Bank plc as placing agent for its planned placing of new ordinary shares of KazakhGold (\"Shares\") and GDRs representing the Shares. \n\nThe placing was previously announced in the Partial Offer Document issued in connection with the acquisition by Jenington International Inc. (\"Jenington\"), a wholly-owned subsidiary of OJSC Polyus Gold, of 50.1 per cent of the ordinary share capital of KazakhGold.\n\nAs contemplated in the Partial Offer Document, KazakhGold expects to raise approximately US$ 100 million following the completion of the placing. The placing is expected to be completed in the fourth quarter of 2009, subject to market conditions and other factors.\n\n\nFor further information please contact:\n\nAlexey V. Chernushkin, Director, CM and IR\nEvguenia V.Buydina, IR manager\n+7 (495) 641-3377\n+7 (495) 785-4031\[email protected]\n\nAnton A. Arens, PR Director\n+7 (495) 641-3365\n+7 (495) 544-5496\[email protected]\n\nCitigate Dewe Rogerson\n+44 (0) 207 638 9571\n\n\nThis 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. \n\nThe 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. \n\nThis announcement is only addressed to and directed at persons in member states of the Europ...