Deutsche Bank appointed as successor depositary bank for KazMunaiGas Exploration Production Global Depositary Receipt programme
Deutsche Bank today announced its appointment as successor depositary bank for the London Stock Exchange-listed Global Depositary Receipt (GDR) programme of Joint Stock Company KazMunaiGas Exploration Production (KMG EP).
KMG EP is a subsidiary of National Company KazMunaiGas, a state-owned oil and gas company of Kazakhstan. KMG EP was founded in March 2004 and is among the top three Kazakh oil and gas producers, as well as a leading company in the field of hydrocarbon exploration and production in Kazakhstan. The overall production in 2013 was 12.4 million tonnes of crude oil (251 kbopd), including KMG EP’s stakes in Kazgermunai, CCEL and PetroKazakhstan Inc. *
Jose Sicilia, Global Head of Global Equity Services at Deutsche Bank, said, “We are delighted with KMG EP’s decision to appoint Deutsche Bank as its depositary. This demonstrates our commitment to GDR issuers in Kazakhstan and further strengthens our position as a leading global depositary bank”.
*Source: Joint Stock Company KazMunaiGas Exploration Production (January 2014)
For further information, please call: Deutsche Bank AG Press & Media Relations Nick Probert Phone: +44 (0)207 547 1605 E-Mail: nick.probert@db.com
About Deutsche Bank Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com.
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG London.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.
The Depositary Receipts have not been and are not intended to be registered pursuant to the US SecuritiesAct of 1933 (the "Act") and the securities laws of any states thereof and are being issued pursuant to anexemption from the registration requirements of the Act and such laws. Such Depositary Receipts or anyinterests or participations therein may not be offered, sold, transferred, pledged, encumbered or otherwisedisposed of in the United States absent such registration or an available exemption therefrom. Theinvestment or investment service which is the subject of this announcement is not available to retail clients asdefined by the UK Financial Conduct Authority (FCA).
Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal FinancialSupervisory Authority) and is also authorised and subject to limited regulation by the FCA. Details about theextent of Deutsche Bank AG's authorisation and regulation by the FCA are available on request.
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Deutsche Bank today announced its appointment as successor depositary bank for the London Stock Exchange-listed Global Depositary Receipt (GDR) programme of Joint Stock Company KazMunaiGas Exploration Production (KMG EP).
KMG EP is a subsidiary of National Company KazMunaiGas, a state-owned oil and gas company of Kazakhstan. KMG EP was founded in March 2004 and is among the top three Kazakh oil and gas producers, as well as a leading company in the field of hydrocarbon exploration and production in Kazakhstan. The overall production in 2013 was 12.4 million tonnes of crude oil (251 kbopd), including KMG EP’s stakes in Kazgermunai, CCEL and PetroKazakhstan Inc. *
Jose Sicilia, Global Head of Global Equity Services at Deutsche Bank, said, “We are delighted with KMG EP’s decision to appoint Deutsche Bank as its depositary. This demonstrates our commitment to GDR issuers in Kazakhstan and further strengthens our position as a leading global depositary bank”.
*Source: Joint Stock Company KazMunaiGas Exploration Production (January 2014)
For further information, please call:
Deutsche Bank AG
Press & Media Relations
Nick Probert
Phone: +44 (0)207 547 1605
E-Mail: nick.probert@db.com
About Deutsche Bank Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com.
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG London.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA,
AUSTRALIA OR JAPAN.
The Depositary Receipts have not been and are not intended to be registered pursuant to the US SecuritiesAct of 1933 (the "Act") and the securities laws of any states thereof and are being issued pursuant to anexemption from the registration requirements of the Act and such laws. Such Depositary Receipts or anyinterests or participations therein may not be offered, sold, transferred, pledged, encumbered or otherwisedisposed of in the United States absent such registration or an available exemption therefrom. Theinvestment or investment service which is the subject of this announcement is not available to retail clients asdefined by the UK Financial Conduct Authority (FCA).
Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal FinancialSupervisory Authority) and is also authorised and subject to limited regulation by the FCA. Details about theextent of Deutsche Bank AG's authorisation and regulation by the FCA are available on request.
The services described in this notice are provided by Deutsche Bank AG or by its subsidiaries and/or affiliatesin accordance with appropriate local registration and regulation. Deutsche Bank is providing this notice strictlyfor information purposes and makes no claims or statement, nor does it warrant or in any way represent, asto the accuracy or completeness of the details contained herein or therein. Neither this announcement nor theinformation contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entityfor the purchase or sale of any securities nor does it constitute an offer or solicitation to any person in theUnited States or in any other jurisdiction where an offer or solicitation would be unlawful. No part of thisannouncement may be copied or reproduced in any way without the prior written consent of Deutsche Bank.Past results are not an indication of future performance. This announcement is not an invitation nor is itintended to be an inducement to engage in investment activity for the purpose of Section 21 of the FinancialServices and Markets Act 2000, as amended (the "FSMA"). This announcement is in any event directed onlyat (i) persons outside the United Kingdom; or (ii) persons who have professional experience in mattersrelating to investments and who are investment professionals within the meaning of Article 19(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005 of the United Kingdom (the"Financial Promotion Order"); or (iii) persons who fall within Article 49(2)(a) to (d) ("high net worth companies,unincorporated associations etc.") of the Financial Promotion Order; or (iv) any other persons to whom thisannouncement for the purposes of Section 21 of FSMA can otherwise lawfully be made (all such personstogether being referred to as "relevant persons"), and must not be acted on or relied upon by persons otherthan relevant persons. Any investment or investment activity to which this announcement relates is availableonly to relevant persons and will be engaged in only with relevant persons. Anyone other than a relevantperson must not rely on this announcement. In addition to the foregoing restriction, this announcement ismade and directed only at, and the investment or investment service which is the subject of thisannouncement is available only to, persons falling within the meaning of "qualified investors" as defined inSection 86 of FSMA, namely: (a) legal entities which are authorized or regulated to operate in the financialRelease 3 | 3markets or, if not so authorized or regulated, whose corporate purpose is solely to invest in securities; (b) national and regional governments, central banks, international and supranational institutions; (c) any legal entity which has two or more of (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than €43,000,000 and (3) an annual net turnover of more than €50,000,000, as shown in its last annual or consolidated accounts; (d) persons registered on the FCA qualified investor register; or (e) persons authorized by an European Economic Area state other than the United Kingdom as a qualified investor for the purposes of the Directive 2003/71/EC (the "Prospectus Directive"). In relation to each member state of the European Economic Area (other than the United Kingdom) which has implemented the Prospectus Directive (each a "Relevant Member State"), and with effect from and including the date on which the Prospectus Directive is implemented in that Relevant Member State this announcement is only directed at, and the investment or investment service which is the subject of this announcement is available only to, (a) legal entities which are authorized or regulated to operate in the financial markets or, if not so authorized or regulated, whose corporate purpose is solely to invest in securities; (b) any legal entity which has two or more of (i) an average of at least 250 employees during the last financial year, (ii) a total balance sheet of more than €43,000,000, and (iii) an annual net turnover of more than €50,000,000, as shown in its last annual or consolidated accounts; or (c) any other persons in circumstances which do not require the publication of a prospectus pursuant to Article 3 of the Prospectus Directive (and any relevant implementing measure in each Relevant Member State). Copyright©January2014 Deutsche Bank AG. All rights reserved.