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Kazakhmys PLC (KAZ)

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Friday 30 December, 2011

Kazakhmys PLC

Repurchases of Shares in Close Period

RNS Number : 4612U
Kazakhmys PLC
30 December 2011
 



 

REPURCHASES OF SHARES IN CLOSE PERIOD

 

Kazakhmys PLC (the "Company") announces that pursuant to the buyback programme announced on 25 August 2011 it has entered into an irrevocable arrangement with its corporate brokers, Citigroup Global Markets U.K. Equity Limited ("Citi") and J.P Morgan Securities Ltd. ("JPM"), to repurchase on its behalf and within certain pre-set parameters, ordinary shares in Kazakhmys PLC during its close period which commences on 3 January 2012 and is expected to end on the date of the announcement of its annual results for the year ended 31 December 2011. The trading decisions of Citi and JPM during this close period will be made independently of, and uninfluenced by, the Company. Any purchased shares will be held as treasury shares.

 

 

 


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