KAZAKHMYS PLС (United Kingdom) successfully lists its common shares on Main Board of Hong Kong Stock Exchange
June 29. KASE
Kazakhmys is pleased to announce the successful listing of its ordinary shares on the Main Board of the Stock Exchange of Hong Kong today.
No new shares have been issued or sold, but Kazakhmys may consider issuing some shares into the Hong Kong market at a later date, in order to assist liquidity. Any future issuance will depend upon share price levels and capital requirements, particularly as the major growth projects at Aktogay and Bozshakol progress.
Oleg Novachuk, Chief Executive Officer, said: “Our secondary listing in Hong Kong is important for the strategic development of Kazakhmys. Asia and China provide an increasingly significant customer and financing base for us. This listing will help raise our profile in the region’s major financial centre and will support the future development of our business by providing access to a much wider group of investors.”