The Nova Resources Consortium wants to buy all shares of KAZ Minerals by offering to buy them back at a premium of 24.9% to the market price as of October 2, 2020, at 640 pence per paper. Nova already owns 39.39% of the issued share capital of KAZ Minerals and has secured the support of shareholders holding another 6.13% of the company, who have pledged to vote on its buyback offer at the meeting of shareholders and in court.