Month: November 2015

Total Voting Rights

In conformity with the Disclosure and Transparency Rules (“the Rules”), the Company notifies the market of the following:

At the date of this announcement, the issued capital of the Company comprises 458,379,033 ordinary shares.

The Company currently holds 11,701,830 ordinary shares in treasury and the issued share capital of the Company which carries voting rights of one vote per share comprises 446,677,203 ordinary shares (excluding treasury shares). The above figure of 446,677,203 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Rules.

For further information, please contact:

Stephen Hodges

Company Secretary

Tel: + 44 (0)20 7901 7832 

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Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Contractor Payment Deferral

KAZ Minerals PLC (“KAZ Minerals” or “the Group”) announces that it has reached agreement with its principal construction contractor, Non Ferrous China (“NFC”), to defer payment of $300 million relating to the Group’s Aktogay project. Under the revised terms, $300 million of construction costs which were scheduled to be paid in 2016 and 2017 will be settled in the first half of 2018. There is no change to the overall amount payable to NFC or the project budget of $2.3 billion. Aktogay remains on-track to commence production from oxide ore in 2015 and production from sulphide ore in 2017.

Oleg Novachuk, Chief Executive, said: “The deferral of $300 million to 2018 provides KAZ Minerals with additional liquidity during the construction and ramp up of Bozshakol and Aktogay. This agreement also demonstrates the strength of our relationship with NFC and continues our strong track record of securing support from our partners in China for these strategically important copper projects.”

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