Notification of changes in the composition of shareholders

Almaty, 5October 2021 - Kcell Joint Stock Company (“Kcell” or the "Company") (KASE, AIX: KCEL), one of the leading provider of mobile telecommunications services in Kazakhstan, provides notification of changes in the composition of shareholders owning ten or more percent of voting shares of Kcell JSC:

  1. The composition of shareholders holding ten or more percent of the voting shares of Kcel:

1)     Kazakhtelecom JSC, Republic of Kazakhstan, 010000, Astana, Esil district,  Sauran str., 12. – own 51 of voting shares of Kcell JSC

2)     Pioneer Technologies S.A.R.L, 5 Rue Goethe, L-1637 Luxembourg  – own 14,87% of voting shares of Kcell JSC

  1. Date of change in the composition of shareholders owning 10 or more percent of the issuer's voting shares (the date of registration of changes in the register of holders of securities) is 4 October 2021.

Enquiries:

Kcell

 

Investor Relations

 

Irina Shol

Tel: +7 7012111202

Investor_relations@kcell.kz

 

Media

Maxim Olar

 

Теl: +7 701 211 0302

Maxim.Olar@kcell.kz

Company Overview

Kcell provides mobile voice telecommunications services, messaging services, value-added services such as multimedia and mobile content services, as well as data transmission services including internet access. It has two brands: the Kcell brand, which is targeted primarily at corporate subscribers (including government subscribers), and the Activ brand, which is targeted primarily at mass market subscribers. The Company offers its services through its extensive, high quality network which covers substantially all of the populated territory of Kazakhstan.

 

Kcell plans to benefit from the significant growth potential for mobile data services in Kazakhstan. The Company intends to continue to invest in the deployment of its 3G/4G network to expand coverage and to introduce high quality services. Kcell aims to maintain its market leadership in terms of revenue and the number of subscribers by offering its products and services at competitive prices, expanding its offering of products and services, maintaining the high quality of its network and enhancing its brand value.