Business
S/h's consider sale of shares
S/h's consider sale of shares.
About this update from Kazera Global Plc
[{"type":"text","content":"\n KazakhGold Group Ltd\n20 July 2006\n\n\n\n20 July, 2006\n\n\nNot for release or distribution, directly or indirectly, in or into the United\nStates, Canada, Japan or Australia\n\n KAZAKHGOLD GROUP LIMITED\n\n\nKazakhGold announces notification by certain non-institutional shareholders who\n are considering a sale of shares\n\n\nKazakhGold Group Limited (the 'Company'; London: KZG) announces that it has been\nnotified by certain of its non-institutional shareholders (including Gold Lion\nLimited ('Gold Lion')) that they are considering a sale of a portion of their\nsecondary shares of the Company in the form of Global Depositary Receipts.\n\n\n\nGold Lion is wholly owned by Abacus (C.I.) Limited as trustee of The ABM SK\nTrust, a Jersey discretionary trust whose only named beneficiaries are members\nof the Assaubayev family. Gold Lion owns approximately 70% of the Company's\nshares.\n\n\n\nING is acting as Adviser to the Company and to these shareholders in connection\nwith the potential sale.\n\n\n\n\nFurther Information:\n\n\n\nAidar Assaubayev\nDeputy Chief Executive\nKazakhGold Group Limited\nTel: +44 (0) 870 067 0431\nEmail: [email protected]\n\n\n\nRon Marshman\nCity of London PR\nTel: +44 (0) 207 628 5518\nEmail: [email protected]\n\n\n\n\n\nwww.kazakhgold.com\n\n\n\n\n\nThis announcement does not constitute or form part of any offer of securities or\nconstitute an invitation or solicitation of any offer to purchase or subscribe\nfor any securities of the Company.\n\n\n\nThis announcement is not an invitation nor is it intended to be an inducement to\nengage in investment activity for the purpose of Section 21 of the Financial\nServices and Markets Act 2000 of the United Kingdom ('FSMA'). To the extent\nthat this announcement does constitute an inducement to engage in any investment\nactivity, it is directed only at (i) persons who are investment professionals\nwithin the meaning of Article 19(5) of the Financial Services and Markets Act\n2000 (Financial Promotion) Order 2005 of the United Kingdom (the 'Financial\nPromotion Order'); or (ii) persons who fall within Articles 49(2)(a) to (d)\n('high net worth companies, unincorporated associations etc.') of the Financial\nPromotion Order; and (iii) any other persons to whom this announcement for the\npurposes of Section 21 of FSMA can otherwise lawfully...