Business
Stabilisation Notice
Stabilisation Notice.
About this update from Kazera Global Plc
[{"type":"text","content":"\n KazakhGold Group Ltd\n23 December 2005\n\n\n\n\n\nING Bank N.V., London Branch\n\n23 December 2005\n\nTHIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE\nUNITED STATES, AUSTRALIA, CANADA OR JAPAN OR TO A RESIDENT, NATIONAL OR CITIZEN\nOF THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN\n\n 23 December 2005\n\n Stabilisation Notice\n\nING Bank N.V., London Branch (contact: Sadiq Razak; telephone: +44 (0) 20 7767\n8283) announces, in connection with the global offering of Global Depositary\nReceipts (the 'Global Offer' and the 'GDRs') of KazakhGold Group Limited\n('KazakhGold' or the 'Company') that the stabilisation period has now ended and\nthat no stabilisation was undertaken by the Stabilising Manager named below in\nrelation to the offer of the following securities.\nIssuer KazakhGold Group Limited\nNo. of securities sold 13,100,000 GDRs, including 1,400,000 GDRs sold\n following exercise of the over-allotment \n arrangements\nSecurity Identifier ISIN US48667H1059\n Sedol B0R9139\nStabilising Manager ING Bank N.V., London Branch\nStabilisation period Commencement: 25 November 2005\n End: 23 December 2005\nOffer Price $15 per GDR\n\nAs announced on 29 November 2005, the Stabilisation Manager gave notice of its\nintention to exercise the over-allotment arrangements in respect of 1,400,000\nGDRs (representing 1,400,000 existing ordinary shares of KazakhGold Group\nLimited) on 28 November 2005.\n\nThe contents of this announcement, which have been prepared by and are the sole\nresponsibility of KazakhGold have been approved solely for the purposes of\nSection 21 (2) (b) of the Financial Services and Markets Act 2000 by ING Bank\nN.V., London Branch of 60 London Wall, London EC2M 5TQ. ING Bank N.V., London\nBranch, or its nominated affiliates, is acting exclusively for KazakhGold and no\none else in connection with the proposed listing and offering of ordinary shares\nof KazakhGold in the form of global depositary receipts ('GDRs' and the 'Global\nOffer', respectively) and will not be responsible to anyone other than\nKazakhGold for providing the protections afforded to clients of ING Bank N.V.,\nLondon Branch, nor for providing advice in relation to the Global Offer, the\ncontents of this announcement or any matters referred to herein.\n\nThis announcement does not constitute or form part of any offe...