Kazakhstan Kagazy PLC
Kazakhstan Kagazy PLC: Update regarding litigation
Kazakhstan Kagazy PLC / Miscellaneous 19 February 2016 KAZAKHSTAN KAGAZY PLC (‘KKPLC’, or the ‘Company’) Update regarding litigation The Company and certain of its subsidiaries (the ‘Kazakhstan Kagazy Group’) commenced court proceedings in the High Court of Justice in England in August 2013 against Baglan Abdullayevich Zhunus, Maksat Askaruly Arip and Shynar Dikhanbayeva. The Kazakhstan Kagazy Group and Mr Zhunus have settled the claims brought against Mr Zhunus in all jurisdictions. The Kazakhstan Kagazy Group will continue to pursue its claims, which stand at US$250 million, against Mr Arip and Ms Dikhanbayeva. Enquiries: Kazakhstan Kagazy PLC Hugh McGregor
19-Feb-2016 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English | |
Company: | Kazakhstan Kagazy PLC | |
33-37 Athol Street | ||
IM1 1LB Douglas | ||
Isle of Man | ||
Phone: | +7-727-244-87-87 | |
Fax: | +7-727-244-87-82 | |
E-mail: | ir@kagazy.kz | |
Internet: | www.kazakhstankagazy.com | |
ISIN: | US48667M2035 | |
Listed: | Foreign Exchange(s) London | |
Category Code: | MSC | |
TIDM: | KAG | |
Sequence Number: | 3008 | |
Time of Receipt: | 19-Feb-2016 / 13:42 CET/CEST | |
End of Announcement | EquityStory.RS, LLC News Service |