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- Offer to the shareholders to purchase previously repurchased common shares of ForteBank JSC in accordance with their preemptive right
Offer to the shareholders to purchase previously repurchased common shares of ForteBank JSC in accordance with their preemptive right
Offer
17.04.2025
Hereby, ForteBank Joint Stock Company (certificate of state re-registration dated 10.02.2015) (hereinafter referred to as the Bank), located at the address: 8/1 Dostyk street, Essil district, Astana, Z05P1P0/010017, Republic of Kazakhstan, in accordance with the Article 16 of the Law of the Republic of Kazakhstan "On Joint Stock Companies", offers its shareholders to purchase the previously repurchased common shares (ISIN KZ000A0F4546) being offered by the Bank, the issue of which was registered by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market under number No. A4031 dated March 19, 2015, in accordance with their pre-emptive right to purchase common shares. In compliance with the requirements of the Rules for the exercise of the right of the shareholders of a joint-stock company to pre-emptively purchase securities and to refuse it, approved by the Resolution of the Management Board of the National Bank of the Republic of Kazakhstan dated October 29, 2018, No. 253, the Bank informs its shareholders as follows:
Hereby, ForteBank Joint Stock Company (certificate of state re-registration dated 10.02.2015) (hereinafter referred to as the Bank), located at the address: 8/1 Dostyk street, Essil district, Astana, Z05P1P0/010017, Republic of Kazakhstan, in accordance with the Article 16 of the Law of the Republic of Kazakhstan "On Joint Stock Companies", offers its shareholders to purchase the previously repurchased common shares (ISIN KZ000A0F4546) being offered by the Bank, the issue of which was registered by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market under number No. A4031 dated March 19, 2015, in accordance with their pre-emptive right to purchase common shares.
In compliance with the requirements of the Rules for the exercise of the right of the shareholders of a joint-stock company to pre-emptively purchase securities and to refuse it, approved by the Resolution of the Management Board of the National Bank of the Republic of Kazakhstan dated October 29, 2018, No. 253, the Bank informs its shareholders as follows:
- The number and type of securities offered: 1,934,434,197 common shares of the Bank.
- The ratio of the number of outstanding (minus those repurchased by the company) common shares to the number of common shares being sold is 46.76: 1 (hereinafter referred to as the coefficient). The number of shares that the shareholders are entitled to acquire under the preemptive right is determined by dividing the number of common shares in their ownership as of the register recording date by the coefficient. When calculating the share to be acquired, fractional values are rounded down to the nearest whole number.
- The list of shareholders who have the pre-emptive right to purchase the common shares being sold is recorded based on the data of the securities holders register system the Central Securities Depository JSC as at 00:00 on April 16, 2025 (hereinafter referred to as the “Register Recording Date”).
- The period during which a shareholder may apply to purchase the common shares being sold in accordance with the pre-emptive right is 30 calendar days after the date of publication of this offer (hereinafter referred to as the “Period”) – up to and including May 17, 2025.
- The selling price is 6.16 tenge per 1 common share of the Bank (hereinafter referred to as the "Selling Price"). The Selling Price is the same for all persons acquiring the common shares of the Bank within the limits of this offer.
- The conditions for the acquisition of the common shares being sold – the placement is carried out among the shareholders – holders of the Bank’s common shares as of the Register Recording Date in the following order: (1) the current shareholders have the right, during the Period, to apply for the acquisition of the Bank’s common shares being sold (hereinafter referred to as the “Application”) on equal terms in proportion to the number of common shares they hold at the Selling Price. (2) payment for the shares acquired under the preemptive right is made by a shareholder within 30 calendar days after the date of submission of the Application; (3) the actual execution of the Applications received and the transfer of shares to the shareholders under the preemptive right shall be carried out by the Bank upon payment for the shares by the shareholders; (4) in case of non-payment for the shares, 30 calendar days after the date of submission of the Application, the Application shall be considered invalid; (5) the representatives of the shareholders, when submitting documents and signing documents, must confirm their authority in accordance with the requirements of the legislation of the Republic of Kazakhstan. The Applications shall be submitted as follows: • shareholders – holders of the common shares shall send Applications to the Bank by registered mail with advice of delivery or submit them directly to the Bank at the address: 8/1 Dostyk street, Essil district, Astana, Z05P1P0/010017, Republic of Kazakhstan, telephone: +7 717 259 99 99 (ext. 10248), +7 727 244 09 73; • the Application form is available on the Bank’s website at https://forte.kz/shareholders_application The prospectus for issuance of shares, as well as other relevant information, is available on the Bank’s corporate website, the Internet resources of the Financial Statements Depository and Kazakhstan Stock Exchange JSC, or at the Bank at the following address: 8/1 Dostyk street, Essil district, Astana, Z05P1P0/010017, Republic of Kazakhstan, or by sending a request by e-mail to info@fortebank.com or ir@fortebank.com.
Media contact: ForteBank Press Service 📩 press@fortebank.com 📞 +7 (7172) 59 99 99
Media contact:
ForteBank Press Service
📩 press@fortebank.com
📞 +7 (7172) 59 99 99