Press release

SQIF Capital JSC (the Buyer), acting on its own behalf and on the instructions of Adaptive Capital Limited, a subsidiary of Globaltrans Investment PLC, at its own expense and in its interest, hereby announces the launch of a voluntary exchange-traded Tender Offer to repurchase the Global Depositary Receipts (GDRs) of Globaltrans Investment PLC (ISIN: US37949E2046, special ISIN: US1CCCCCCCC0, special ticker: GLTR.BB) (the Tender Offer).

The Tender Offer becomes effective on 25 November 2024, and the application submission period begins on 27 November 2024, with the expected completion (including the relevant settlements) on 23 December 2024.

GDR holders who meet the established requirements as of the registration date (as defined below) may submit their applications on Astana International Exchange (AIX) of Astana International Financial Centre (AIFC). Only GDRs that are held in the depository – Astana International Exchange Central Securities Depository Limited – are eligible to participate in the Tender Offer.

The Tender Offer provides for daily settlements.

The application may be submitted by a GDR holder who meets the established requirements through a trading member of AIX (Broker), except in cases where such holder is a trading member of AIX, in which case it is not required to engage a Broker.

The Tender Offer price is set at USD 4.30 per GDR, reflecting the weighted average market price of the Company's GDRs on AIX since the start of trading.

The Tender Offer covers up to 26,747,738 eligible GDRs, which is approximately 15% of the share capital of Globaltrans Investment PLC.

Additional requirements for holders and the terms of the Tender Offer are set out in the memorandum

AIX news and documents

Tender Offer

Globaltrans Announces Tender Offer

Contact information of SQIF Capital:

e-mail: bb@sqif.kz

Telephones:
+7 (778) 003-03-77 (for non-English speakers)
+7 (778) 003-03-76 (for English speaking clients)

TG: @SQIF_CAPITAL
WA: wa.me/message

www.SQIF.kz