/KASE, April 10, 2025/ – On April 7, 2025, the Board of Directors of Bank
CenterCredit JSC (KASE ticker – CCBN) made the following decision:
quote
To approve the redemption of registered coupon subordinated unsecured bonds,
convertible into common shares (CCBNb29 – KASE, ISIN KZ2C00004083),
issued as part of the Bank's participation in the Program for Improving the
Financial Stability of the Banking Sector of the Republic of Kazakhstan, at a
par value of 1,000.0 (one thousand) tenge in the quantity of 10,000,000 (ten
million) pieces, including:
- 3,499,241 (three million four hundred ninety-nine thousand two hundred
forty-one) pieces as part of the early return of state funds in accordance
with the "Terms of profit distribution, accrual of dividends on common and
(or) preferred shares and (or) perpetual financial instruments, as well as
the repurchase of own shares by a second-tier bank, for the purpose of
ensuring financial stability and (or) recovery of which funds from the state
budget, the National Fund of the Republic of Kazakhstan, the National Bank of
the Republic of Kazakhstan and (or) its subsidiaries are used", approved by
the Resolution No. 21 of the Board of the Agency of the Republic of
Kazakhstan for Regulation and Development of the Financial Market dated April
27, 2023;
- 6,500,759 (six million five hundred thousand seven hundred fifty-nine) pieces
as part of the return of state funds at the initiative of the Bank.
unquote
This information is posted at –
https://kase.kz/files/emitters/CCBN/ccbn_other_accidents_070425_23778.pdf
[2025-04-10]