KAZ Kaz Minerals Plc

TIDMKAZ

RNS Number : 9076Z

KAZ Minerals PLC

20 March 2017

 
 
     KAZ MINERALS 
     PLC 
     6(TH) FLOOR 
     CARDINAL PLACE 
     100 VICTORIA 
     STREET 
     LONDON SW1E 5JL 
     Tel: +44 (0) 
     20 7901 7800 
  ================== 
 

20 March 2017

MAJOR GROWTH PROJECT VAT REBATES

KAZ Minerals PLC ("the Group") announces that the refund of VAT paid during the construction of the Bozshakol and Aktogay projects has commenced. Following the completion of audit and other administrative procedures the Group has received $166 million in VAT refunds to date in 2017. The recoverable VAT paid during the construction of the two projects was included within non-current receivables as at 31 December 2016.

For further information please contact:

 
 KAZ Minerals 
  PLC 
====================  ==========================  ================= 
 Chris Bucknall        Investor Relations,         Tel: +44 20 7901 
                        London                                 7882 
                       Investor Relations,         Tel: +44 20 7901 
 Anna Mallere           London                                 7814 
 Maksut Zhapabayev     Corporate Communications,    Tel: +7 727 244 
                        Almaty                                03 53 
====================  ==========================  ================= 
 Instinctif Partners 
====================  ==========================  ================= 
                                                   Tel: +44 20 7457 
 David Simonson                                                2020 
====================  ==========================  ================= 
 

REGISTERED OFFICE

6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL, United Kingdom.

This announcement contains inside information.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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