JSC Kazakhtelecom (31 Abai avenue, 010000, Astana) hereby advises its shareholders of the results of the extraordinary General shareholdJSC Kazakhtelecom (31 Abai avenue, 010000, Astana) hereby advises its shareholders of the results of the extraordinary

On item № 1 of the agenda of the meeting “On introduction of changes and amendments to the JSC Kazakhtelecom’s Charter” 

Pursuant to sub-item 1) item 1 article 36 of the Law of the Republic of Kazakhstan “On joint stock companies” and sub-item 2) item 1 article 29 of the JSC Kazakhtelecom’s Charter, the JSC Kazakhtelecom’s extraordinary General shareholders’ meeting has DECIDED:

1.  To introduce to the JSC Kazakhtelecom’s Charter the following changes and amendments:

Item 1 article 29 is to be supplemented with sub-item 15-1) of the following wording:

«15-1) taking the decision on distributing non-distributed profit;».

2. To vest Chairman of the Management Board of JSC Kazakhtelecom with the power to:

1) sign the changes and amendments to the JSC Kazakhtelecoms’s Charter on behalf of the JSC Kazakhtelecom’s shareholders;

2) pursue all necessary actions at the departments of justice of the Republic of Kazakhstan in connection with the introduction of changes and amendments to the JSC Kazakhtelecom’s Charter, with the right of transferring its power to other persons.

To take the decision on this particular item, pursuant to item 2 article 29 of the JSC Kazakhtelecom’s Charter, the qualified majority of votes out of the total number of voting shares is required.

As a result of voting, THE DECISION HAS BEEN TAKEN BY THE QUALIFIED MAJORITY OUT OF THE TOTAL NUMBER OF VOTING SHARES

On item № 2 of the agenda of the meeting “On introduction of changes and amendments to the provision “On JSC Kazakhtelecom’s dividend policy”” 

Pursuant to sub-item 25) item 1 article 29 of the JSC Kazakhtelecom’s Charter, the JSC Kazakhtelecom’s extraordinary General shareholders’ meeting has DECIDED:

1. To introduce the following changes and amendments to the provision “On dividend policy of JSC Kazakhtelecom”:

1) in item 2, definition of dividends is to be set down in the following wording:

«dividends is a part of the Company’s profit, pursuant to the consolidated financial statements of the Company, to be paid out to the Company’s shareholders on their shares in the Company’s authorized capital stock»;

2) section 3 is to be complemented with item 9-1 of the following content:

«9-1. In case of payment of dividends on ordinary shares at the end of a quarter or distribution of non-distributed profit for the past years and in some particular cases, the size (amount) of dividends can be set (defined) by the General shareholders’ meeting in accordance with a special procedure when considering the item on establishment of the procedure and order for distributing profit for corresponding periods.»;

3) item 25 is to be set down in the following wording:

«25. Changes and amendments in this Provision, introduced in accordance with the established procedure, will come into force upon approval by the General shareholders’ meeting.».

To take the decision on this particular item, pursuant to item 2 article 29 of the JSC Kazakhtelecom’s Charter, the qualified majority of votes out of the total number of voting shares is required.

As a result of voting, THE DECISION HAS BEEN TAKEN BY THE QUALIFIED MAJORITY OUT OF THE TOTAL NUMBER OF VOTING SHARES

On item №3 of the agenda of the meeting «On payment of dividends on the JSC Kazakhtelecom’s shares at the end of the first six months of 2013, and of a part of non-distributed profit for the past years»

Pursuant to item 1 article 23 and sub-item 15-1) item 1 article 29 of of the JSC Kazakhtelecom’s Charter, the JSC Kazakhtelecom’s extraordinary General shareholders’ meeting has DECIDED:

1.  To approve the following order for distributing net profit of JSC Kazakhtelecom for the first half year of 2013 in amount of KZT 10 685 969 000 (ten billion  six hundred eighty five million nine hundred sixty nine thousand):

- to direct the amount of KZT 10 685 969 000 (ten billion  six hundred eighty five million nine hundred sixty nine thousand), which makes up 100% of the net profit of JSC Kazakhtelecom for the first half year of 2013, to the payment of dividends.

2.  To approve the following order for distributing the part of non-distributed profit for the past years:

-  to direct the amount of KZT 18 080 220 457 (eighteen billion eighty million two hundred twenty thousand four hundred fifty seven) twenty (20) tiyn to the payment of dividends.

3.  Toapprovethedividendforthefirsthalfof 2013 andapartofretainedearningsper 1 commonshareintheamountof 2,603 ​​(twothousandsixhundredandthree) tenge 90 (ninety) tiyinper 1commonshare.

4.  To fix the list of shareholders entitled to receive dividends for the first half of 2013 as of 00 hours 00 minutes of the second Sunday after the date of the General Shareholders’ Meeting.

5.  To fix the date of commencement of payment of dividends on common shares for the first half of 2013starting from the second Monday after the date of the General Shareholders’ Meeting within one month.

6.  JSC Kazakhtelecom is to ensure compliance with the procedures of payment of dividends on preferred shares in accordance with the requirements of the Law of the Republic of Kazakhstan "On joint stock companies" and Company’s Charter.

7.  To approve the procedure of payment as a lump sum payment.

8.  To approve the form of payment of dividends on shares of JSC Kazakhtelecom located at 31, Abai avenue, Astana, bank details: TRN (Taxpayer Registration Number) 600700017446, IIC (Individual Identity Code) KZ779261802104233017 in Almaty branch of JSC Kazkommertsbank, BIC (Bank Identification Code) KZKOKZKX, Beneficiary Code 16, by wire transfer to the shareholder’s bank account. 

To take the decision on this particular item, pursuant to item 2 of article 29 of the JSC Kazakhtelecom’s Charter, the qualified majority of votes out of the total number of voting shares is required.

As a result of voting, THE DECISION HAS BEEN TAKEN BY THE QUALIFIED MAJORITY OUT OF THE TOTAL NUMBER OF VOTING SHARES.

On item 4 of the agenda of the meeting On introduction of amendments to the Provision on the Board of Directors of JSC Kazakhtelecom”.

Pursuant to sub-item 18) of item 1 of article 36 of the Law of the Republic of Kazakhstan “On joint stock companies” and sub-item 24) of item 1 of article 29 of the JSC Kazakhtelecom’s Charter, the extraordinary General Shareholders’ Meeting of JSC Kazakhtelecom has DECIDED:

To amend the Provision on the Board of Directors of JSC Kazakhtelecom as follows:

1)  in paragraph 5 after the word "principles" the words "of competence and objectivity" shall be added;

2)  paragraph 9-1 shall be added with the following content:

“9-1. The Board of Directors on a regular basis (at least quarterly) receives a report on transactions with related parties.”;

3)  paragraph 73 shall be added with the sentence of the following content:

“Minutes of the meeting shall be sent to the members of the Board of Directors within 5 (five) business days.”.

To take the decision on this particular item, pursuant to item 2 of article 29 of the JSC Kazakhtelecom’s Charter, the qualified majority of votes out of the total number of voting shares is required.

As a result of voting, THE DECISION HAS BEEN TAKEN BY THE QUALIFIED MAJORITY OUT OF THE TOTAL NUMBER OF VOTING SHARES.

On item 5 of the agenda of the meeting On changes to the membership of the Board of Directors of JSC Kazakhtelecom”the extraordinary General Shareholders’ Meeting of JSC Kazakhtelecom without voting procedure has DECIDED:

To postpone consideration of the item “On changes to the membership of the Board of Directors of JSC Kazakhtelecom” to the next General Shareholders’ Meeting of JSC Kazakhtelecom.

Report an error

Hello! If something wrong, please, notify about error to remove it asap
Error screenshot
Error description
Additional views