11th Apr 2007 10:32
Kazakhmys PLC11 April 2007 11 April 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES,CANADA, AUSTRALIA OR JAPAN Kazakhmys PLC - Completion of placing Kazakhmys PLC (the "Company" or "Kazakhmys") announces that it has been informedby Mr Y K Cha that Credit Suisse have successfully placed 21,056,314 existingordinary 20p shares in the Company with institutional investors. Credit Suisse acted as Bookrunner in respect of the Placing. Further details in relation to this transaction and the equity interests of theexecutive members of our management team and others are as set out in the annexeto this announcement. Contacts: Kazakhmys PLCJinsoo Yang, Head of IR +44 20 7901 7813Sergei Stephantsov, Deputy Head of IR +44 20 7901 7814 Credit Suisse Securities (Europe) Limited +44 20 7888 8888James Leigh-PembertonTristan Lovegrove Annexe The table below displays the equity interests of the executive members of ourmanagement team, and Mr Cha, before this transaction and thereafter, followingthe completion of the above transaction: Executive Number of Percentage of Number of Percentage of shares issued share shares after issued share before capital before transactions capital after transfers transfers transactions--------------------------------------------------------------------------Mr Kim 208,189,763 44.5 208,189,763 44.5Mr Cha 21,056,314 4.5 Zero ZeroMr Novachuk 34,923,423 7.5 34,923,423 7.5Mr Ni 2,337,371 0.5 2,337,371 0.5Mr Ogay 5,134,427 1.1 5,134,427 1.1-------------------------------------------------------------------------- The table below displays the equity interests of the existing shareholdingentities (the "Entities") through which these executives hold their interests,before the aforementioned transaction and thereafter, following the completionof the above transaction. The percentage in brackets following the entity namerepresents the ultimate beneficial holding in the relevant vehicle: Entities Number of Percentage of Number of Percentage of shares issued share shares after issued share before capital before transactions capital after transfers transfers transactions--------------------------------------------------------------------------Cuprum Holding BV 135,944,325 29.08 135,944,325 29.08(Mr Kim 100%)Perry Partners SA 21,503,813 4.6 21,503,813 4.6(Mr Kim 100% )Harper Finance 29,706,901 6.356 29,706,901 6.356Limited (MrNovachuk 100%)Kinton Trade 10,433,045 2.23 10,433,045 2.23Limited (MrNovachuk 50%)Mellow Fields 21,056,314 4.5 Zero ZeroLimited (Mr Cha100%)Tobermory Holding 50,735,450 10.855 50,735,450 10.855Europe B.V. (Mr Kim100%)Stansbury 5,134,427 1.1 5,134,427 1.1InternationalLimited (Mr Ogay100%)-------------------------------------------------------------------------- MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THISANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT RELATES ARE ONLY ADDRESSEDTO AND DIRECTED AT PERSONS WHO (1) ARE QUALIFIED INVESTORS WITHIN THE MEANING OFDIRECTIVE 2003/71/EC AND ANY RELEVANT IMPLEMENTING MEASURES (THE " PROSPECTUSDIRECTIVE"); (2) HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTSWHO FALL WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000(FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER"); OR (3) ARE PERSONS FALLINGWITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER (ALL SUCH PERSONS REFERRED TO IN(1), (2) AND (3) TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THEINFORMATION REGARDING THE PLACING SET OUT IN THIS ANNOUNCEMENT MUST NOT BE ACTEDON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY INVESTMENT ORINVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TORELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS. This announcement has been issued by Kazakhmys and is the sole responsibility ofKazakhmys. This announcement is for information purposes only and does notconstitute an offer or an invitation to acquire or dispose of any securities ofKazakhmys in the United States, Canada, Australia or Japan or in any otherjurisdiction in which such an offer of solicitation is unlawful. The Shares havenot been, and will not be, registered under the United States Securities Act of1933, as amended, and may not be offered or sold in the United States absentregistration or an exemption from registration. There will be no public offeringof securities in the United States. Any investment decision to buy securities in the Placing must be made solely onthe basis of publicly available information which has not been independentlyverified by Credit. Neither this announcement nor any copy of it may be taken, transmitted ordistributed, directly or indirectly in or into the United States, Canada,Australia or Japan. Any failure to comply with this restriction may constitute aviolation of United States, Canadian, Australian or Japanese securities laws. The distribution of this announcement and the offering or sale of the Shares incertain jurisdictions may be restricted by law. No action has been taken byKazakhmys, or any of their respective affiliates, or any other person that wouldpermit an offer of the Shares or possession or distribution of this announcementor any other offering or publicity material relating to the Shares in anyjurisdiction where action for that purpose is required. Persons into whosepossession this announcement comes are required by Kazakhmys to informthemselves about and to observe any such restrictions. Credit Suisse is acting for the Mr Y K Cha only in connection with the Placing,and no one else, and will not be responsible to anyone other than Mr Y K Cha forproviding the protections offered to clients of Credit Suisse nor for providingadvice in relation to the Placing. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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