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Major Growth Project VAT Rebates

20th Mar 2017 07:04

RNS Number : 9076Z
KAZ Minerals PLC
20 March 2017
 

 

KAZ MINERALS PLC

6TH FLOOR

CARDINAL PLACE

100 VICTORIA STREET

LONDON SW1E 5JL

Tel: +44 (0) 20 7901 7800

 

 

 

 

20 March 2017

 

MAJOR GROWTH PROJECT VAT REBATES

 

KAZ Minerals PLC ("the Group") announces that the refund of VAT paid during the construction of the Bozshakol and Aktogay projects has commenced. Following the completion of audit and other administrative procedures the Group has received $166 million in VAT refunds to date in 2017. The recoverable VAT paid during the construction of the two projects was included within non-current receivables as at 31 December 2016.

 

 

 

For further information please contact:

 

KAZ Minerals PLC

Chris Bucknall

Investor Relations, London

Tel: +44 20 7901 7882

Anna Mallere

Investor Relations, London

Tel: +44 20 7901 7814

Maksut Zhapabayev

Corporate Communications, Almaty

Tel: +7 727 244 03 53

Instinctif Partners

David Simonson

Tel: +44 20 7457 2020

 

REGISTERED OFFICE

6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL, United Kingdom.

 

This announcement contains inside information.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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