|Corporate action number||CA000008086246|
|Corporate action description||
bta bank jsc is pleased to announce that it will be holding a meeting of certain of its financial creditors (the claimants’ meeting) on 05/12/12 to approve the bank’s restructuring plan. The bank has published an information memorandum dated 08/11/ 12 which contains detailed information about the restructuring plan as well as describing the procedures for creditors to vote on the restructuring plan and submit claims. Please note that noteholders do not need to submit claims or vote in person at the meeting. That will be done through the voting process for the already announced noteholders’ meetings.
The restructuring plan requires the approval of creditors holding two-thirds of the indebtedness subject to the restructuring. The bank has issued notices of meetings of holders of its debt securities (noteholders) to be held on 16/ 11/12. Noteholders will be asked to pass extraordinary resolutions to approve the restructuring plan and instruct the trustee to vote on their behalf at the claimants’ meeting. If the original noteholders’ meetings are not quorate, adjourned noteholders’ meetings will be held on 30/11/12.
The bank has also called a general shareholders’ meeting to approve the restructuring plan to be held on 03/12/12. Holders of the bank’s gdrs should complete and return forms of proxy to the depositary to instruct the depositary how to vote on their behalf at the general shareholders’ meeting.
Please refer to the online documentation for more details.
Claim forms and forms of proxy in respect of the claimants’ meeting, as well as proxy forms for gdr holders can be found (subject to certain restrictions) on the bank’s website at www.bta.kz/en/investor.
|For additional information please contact your account manager|
|Information provided by Euroclear Bank S.A./N.V.|