Joint Stock Co Kaspi.kz (KSPI) Form SCHEDULE 13D/A — Sep 10, 2026
Joint Stock Company Kaspi.kz filed Amendment No. 9 to its Schedule 13D on D-MARKET Electronic Services & Trading (Nasdaq: HEPS), reporting beneficial ownership of 381,294,546 Ordinary Shares, or 88.95% of the 428,653,700 shares outstanding as of September 8, 2026. On September 8, 2026, the Issuer registered a nominal share capital increase from TRY 72,368,116.80 to TRY 86,653,816.80, and Kaspi exercised its pre-emptive right to subscribe for 71,428,500 new Ordinary Shares for an aggregate TRY 9,321,419,250.00, funded from working capital. Separately, on September 10, 2026, Kaspi agreed to purchase 19,547,401 ADSs from VR Global Partners, L.P.
Key figures
- Shares Outstanding
- 428653700
- Percent owned
- 88.95%
- Vr purchase ads
- 19547401
- Amendment number
- 9
- Original 13d filed
- February 5, 2025
- Subscription shares
- 71428500
- Vr closing expected
- on or around September 14, 2026
- Subscription price try
- TRY 9,321,419,250.00
- Nominal capital after try
- TRY 86,653,816.80
- Shares beneficially owned
- 381294546
- Nominal capital before try
- TRY 72,368,116.80
- Vr purchase price per ads usd
- 2.95
AI analysis
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