Air Astana announces appointment of Citigroup Global Markets Limited for GDR purchase on London Stock Exchange as part of own share and GDR repurchase program

12.06.24 10:44
/KASE, June 12, 2024/ – Air Astana JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated June 11, 2024: quote Further to the announcement of Air Astana JSC (the "Company") on 20 May 2024 relating to the extension of its buyback programme to the London Stock Exchange ("LSE"), the Company today announces that it has appointed Citigroup Global Markets Limited ("Citi") to purchase global depositary receipts ("GDRs") traded on the LSE as part of the programme (the "Programme”). The Company has engaged Citi, in its capacity as corporate stockbroker and riskless principal for the Company, to purchase GDRs traded on the LSE, during the period commencing on the date hereof and ending on 12 August 2024. The purchases will be executed at the prevailing market price, in accordance with the rules of the relevant exchange and in compliance with the applicable market abuse legislation. As of 11 June 2024, the Company has a balance of 3,993,234 shares available for repurchase under the Programme in the form of shares or GDRs through 8 February 2025. unquote The complete press release is available on: - https://kase.kz/files/emitters/AIRA/aira_relizs_110624_1kz.pdf – in Qazaq; - https://kase.kz/files/emitters/AIRA/aira_relizs_110624_2.pdf – in Russian; - https://kase.kz/files/emitters/AIRA/aira_relizs_110624_1en.pdf – in English. [2024-06-12]