Clearly defined corporate values help Kazakhstan Kagazy employees to move in the same direction. United under the common mission and goal, our workers daily find solutions to the most difficult problems, working smoothly and efficiently.
Production of paper and corrugated packaging
Kagazy Recycling paper mill, located on the outskirts of Almaty, is the only plant in Central Asia producing paper out of recycled waste paper.
Finished goods storehouse
Kagazy Recycling products take the leading place on the local market. The company owns more than 50 percent of the market share, which makes it the absolute leader of the paper industry in Kazakhstan.
Products quality control
Production experts conduct quality control in accordance with the approved standards.
Kazakhstan Kagazy Group (KK Group) has today won a comprehensive victory in its $260m fraud claims against former shareholder and CEO Maksat Arip and former CFO Shynar Dikhanbayeva (the Defendants)…
Kazakhstan Kagazy PLC (the ‘Company’) is pleased to announce the results of the Company’s Annual General Meeting, held at 11.30 pm in Zug, Switzerland, and via Zoom.
All resolutions were approved.…
Latest news
Notification of major interest in shares
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:ii
Kazakhstan Kagazy Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
X
Other (please specify):
3. Full name of person(s) subject to the notification obligation:iii
T. Rowe Price Associates, Inc.
4. Full name of shareholder(s) (if different from 3.):iv
JP Morgan Chase
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
16 April 2015
6. Date on which issuer notified:
20 April 2015
7. Threshold(s) that is/are crossed or reached:vi, vii
5%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rightsx
Direct
Directxi
Indirect xii
Direct
Indirect
US48667M1045
3,273,950
3,273,950
3,273,950
3,273,950
7.81%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date xiii
Exercise/
Conversion Period xiv
Number of voting rights that may be acquired if the instrument is exercised/converted.
% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date xvii
Exercise/
Conversion periodxviii
Number of voting rights instrument refers to
% of voting rightsxix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
3,273,950
7.81%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:xxi
T. Rowe Price Associates, Inc. (TRPA) serves as investment adviser, with dispositive and voting authority, to various institutional clients that own GDRs of Kazakhstan Kagazy Plc, including the T. Rowe Price Emerging Europe Fund, which owns 3,273,950 shares. Such shares are registered in the following name(s):
JP Morgan Chase – 3,273,950
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Issuer’s outstanding shares decreased to 41,927,056, as a result of the GDR buybacks.
14. Contact name:
Gary Greb, Assistant Vice President T. Rowe Price Associates, Inc.