REG - Air Astana JSC - Announcement of Share and GDR Repurchase Programme

Air Astana AOAnnouncement

11/06/2024 15:15

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RNS Number : 0094S  Air Astana JSC  11 June 2024

11 June 2024

 

 

Announcement of Share and GDR Repurchase Programme

 

 

Almaty, Kazakhstan - 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.

 

The Company intends to continue to announce the results of its Programme on a
regular basis.

 

This announcement does not constitute, or form part of, any offer or any
solicitation of an offer for securities in any jurisdiction. None of the
Company or any brokers engaged by the Company for the purposes of the
Programme or their affiliates (or their respective directors, employees,
agents or advisors) makes any recommendation as to whether or not shareholders
or holders of GDRs should sell any or all of their Shares or GDRs. The
shareholders and holders of GDRs are recommended to seek their own financial
advice regarding participation in the Programme from their broker(s),
investment manager(s), legal advisor(s), accountant(s), custodian(s) or other
appropriately authorised independent financial advisor(s). Any individual or
company whose Shares and/or GDRs are held on its behalf by a broker, dealer,
bank, custodian, trust company or other nominee must contact such entity if
they wish to take part in the Programme.

 

For further information, please visit ir.airastana.com
(https://ir.airastana.com/) or contact:

 

 Air Astana                                                                   Air Astana                                            Instinctif Partners

 Irina Martinez                                                               Bella Tormysheva                                      Joe Quinlan

 Head of Investor Relations                                                   Vice-President                                        Vivian Lai

 +7 727 258 41 36 (1682)                                                      Corporate Communications                              +44 20 7457 2020

 investor.relations@airastana.com (mailto:investor.relations@airastana.com)   +7 727 258 41 35                                      airastana@instinctif.com (mailto:airastana@instinctif.com)

                                                                              media@airastana.com (mailto:media@airastana.com)

 

About the Company

 

The Company is the largest airline group in Central Asia and the Caucasus
regions by revenue and fleet size. The Company operates a fleet of 51 aircraft
split between Air Astana, its full-service airline that operated its inaugural
flight in 2002, and FlyArystan, its low-cost airline established in 2019. The
Company provides scheduled, point-to-point and transit, short-haul and
long-haul air travel and cargo on domestic, regional and international routes
across Central Asia, the Caucasus, the Far East, the Middle East, India and
Europe. In 2023, Air Astana was recognised eleven times in a row as the "Best
Airline in Central Asia and CIS" at the Skytrax World Airline Awards and
received a five-star rating in the major airline category by the APEX.
FlyArystan was also awarded the Skytrax Award for "Best low-cost carrier in
Central Asia and CIS" for the first time, and is one of the twelve Skytrax
4-Star low-cost airlines globally. The Company is listed on the Kazakhstan
Stock Exchange, Astana International Exchange and London Stock Exchange
(ticker symbol: AIRA).

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