30 December 2005
30 December 2005
Kazakhmys PLC - Issue of new shares
The board announces that application is being made for the admission of 2,000
new ordinary shares of 20p each (the "New Shares") in Kazakhmys PLC (the "Company")
to be admitted to the Official List of the Financial Services Authority and to
trading on the London Stock Exchange.
The New Shares were allotted and issued on 29 December 2005 following completion
of the necessary formalities in relation to a valid acceptance in connection
with the share exchange offer made by the Company to shareholders in its
subsidiary LLC Kazakhmys Corporation in November 2004, as described in the
prospectus issued by the Company on 26 September 2005 in connection with its
listing on the London Stock Exchange.
As a result, the number of ordinary shares in issue increases to 467,474,200 shares.
For further information please contact:
Jinsoo Yang, Head of IR Tel: +44 20 8636 7900
Sergei Stephantsov, Deputy Head of IR
Andrew Mitchell Tel: +44 20 7251 3801
Notes to Editor
The Group's principal business is the mining, processing, smelting, refining and
sale of copper and copper products, including copper cathode and copper rod, and
is carried on by the Company's main subsidiary LLC Kazakhmys Corporation
("Kazakhmys"). Based on 2004 production, the Group is the 10th largest producer
of copper cathode and mined copper in the world. The Group's operations are
vertically integrated. Kazakhmys operates 16 open pit and underground mines and
two smelting and refining complexes in the Republic of Kazakhstan. Kazakhmys
also owns significant rail infrastructure in Kazakhstan and MKM, a copper
products fabrication company in Germany.
This information is provided by RNS
The company news service from the London Stock Exchange