30th Nov 2007 17:05
Kazakhmys PLC30 November 2007 Kazakhmys PLC announces that on 30 November 2007 it purchased for cancellationfrom JPMorgan Cazenove Limited 5,573,077 ordinary shares at an average price of1,300.0 pence per share. Following the cancellation of these shares, KazakhmysPLC has a total of 462,008,288 ordinary shares in issue. This purchase represented 47.7 per cent of the 11,686,855 shares placed byCredit Suisse on behalf of Mr Yun on 30 November 2007. As previously announced,Mr Yun retired as Chief Executive of the Company's operating subsidiary inKazakhstan in August 2006. On 5 September 2007, the Company announced a share buy-back programme of up toUS$400,000,000. The aggregate number of ordinary shares repurchased andcancelled by Kazakhmys PLC since the commencement of the share buy-backprogramme on 24 October 2007 is 8,025,577. At an average price of 1,319.18 penceper share this equates to a total of US$218,690,933. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
KAZ.L